Forest & Investment Details

Location22km north of Masterton
Established net stock area99.8 hectares
Year(s) planted2003-2009
Investment structureLimited Partnership (registered Managed Investment Scheme)
Balance date31 March
Next forest visitTo be confirmed 2021

About Kowhai Forest

Investment Structure

KowhaiForest Investment is a registered Managed Investment Scheme (MIS) under the Financial Markets Conduct Act 2013 – Scheme Number SCH10950. 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.

Projected Future Calls

Each annual Financial Report contains details on Calls to be paid by investors for the next financial year together with the budget from which they are calculated. Annual Calls are required for Kowhai Forest, and these will be met in the short term by the progressive sale of the New Zealand Units currently held by the Limited Partnership. Call payments resume from 2024.


Each May, investors are sent a Tax Details Statement advising their tax position for the year, to be included in their annual tax return.

Annual Report

The financial year for the Kowhai Forest Investment is to 31 March. The Annual Investment Reports - comprising the requisite Annual Report plus Financial Report (including the financial statements) - are available 4 months from this balance date. These reports and the investment's governing documents are available from the Companies Office Disclose Register at www.companiesoffice.govt.nz/disclose.

Forest Visits and Informal Meetings

The last Kowhai Forest Visit and Informal Meeting was held in March 2016. The next visit is scheduled for November 2021, but will be confirmed closer to the date. These visits enable investors to view their growing forest and to meet and ask questions of the Forest Enterprises management team.


Download Forest Location Map