Forest & Investment Details
|Indicative initial offer||$31,300-$32,600|
|Projected return at harvest||$75,725 gross|
|Projected harvest date(s)||2028-2031|
|Projected future contributions (Calls)||$0 per annum|
|Location||44km north of Gisborne|
|Established net stock area||237.1 hectares|
|Year(s) planted||2000, 2001|
|Investment structure||Limited Partnership (registered Managed Investment Scheme)|
|Balance date||31 March|
|Next forest visit||To be scheduled|
About Baywood Forest (tenders close 9am 8 October)
Indicative Initial OfferAn indicative Offer of $31,300 represents an 8% tax paid compounded return per annum while an indicative Offer of $32,600 represents a 7.5% tax paid compounded return per annum over the investment term. These indicative Offers are for a holding of 200 shares in Baywood Forest and represent the net present value of the Cashflow Projection set out in the Investment Report, assuming a marginal tax rate of 33 cents in the dollar. This indicative value is updated each balance date.
Projected Return at HarvestThe projected gross return at balance date of 31 March 2020 is $75,725. Note tax is payable on this amount, at the investors marginal tax rate. Harvest is projected to occur 2028-2031, but please note that variations around this timing are likely. The projected gross return is updated each balance date.
Investment StructureBaywood Forest Investment is a registered Managed Investment Scheme (MIS) under the Financial Markets Conduct Act 2013.
It is structured using our Limited Partnership (LP) investment structure. LPs are a form of partnership involving General Partners (who are liable for all the debts and liabilities of the partnership) and Limited Partners. The liability of Limited Partners (investors) is limited and they are only liable to the extent of their capital contributions (funds invested), plus any other obligations expressed in the Limited Partnership Agreement.