Lonsec recommendes forestry investments
LonsecAlternative Research (LAR) has given a recommended rating to two new tax-effective timber projects, and forecast the schemes stand to benefit from global demand for forestry products.
The two ATO-approved managed investment schemes are the ITC Projects 2002 and the Pinetec Woodlot Project 2002.
The ITC forestry project is made up of three investment choices while Pinetec is offering two choices based in Western Australia.
LAR research analyst Don Begbie says both forestry investment schemes offer appropriate and robust financial returns.
“A combined investment of two ‘plantation units’ in each of the three ITC projects generates an after-tax internal rate of return of 12.3 per cent if the investor chooses the annual payment method. Such an investment offers the diversity of three products and four growing regions, with returns spread over 16 years,” Begbie says.
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