Sicirec Forestry Mixfund

The Fund invests 60% of its assets in shares of forestry businesses, 30% in hectare contracts and 10% in CO2-emission rights produced by forestry projects.

By distribution within these three categories a favourable risk balance is created.

The Fund's goal is an annual revenue of 8%. The minimum investment is € 50,500.

Investment policy

As a result of economic growth and increasing environmental awareness amongst consumers, the worldwide demand for sustainably produced wood wil continue to rise.

Additional price increases will be caused by the growing use of timber by China and India.

The long growth cycle of trees limits the speed with which the supply of tropical hardwood can be expanded. Currently, supply is even decreasing because of limitations on the felling of primary forests.

Research has shown that from 2015 onward a sharp shortage of tropical hardwood will gradually develop.

Further increase of wood prices is therefore expected for the future.

More information:
Fund details June 30th 2008

Sicirec rating model

To select possible investments for the Fund, we use the Sicirec rating model. This model has been developed over the past 15 years.

Investments are evaluated on their forestry, ecological, financial and governance aspects and on quality and experience of the management. This way, the Fund selects investments that combine financial revenue with an added ecological value.

Specific opportunities

The Fund also intends to produce revenues through the purchase of shares and hectares in non-liquid markets at low rates.

The Fund also increases revenues through purchase of shares and hectares of projects suffering temporary liquidity problems; so-called distressed forestry assets.

Risks

Every investment is carefully selected. However, participants in the Fund take a financial risk.

The nature of the investments and the investment policy make the Fund attractive, but also implies a certain risk.

It is possible that your investment in the Fund provides little or no additional income, or that you may, in the worst case, lose (part of) your investment.

For further information we refer to our prospectus. Your decision to participate should be based on the prospectus. For example, you would currently invest in projects in Bolivia, Brasil, Costa Rica and Ghana.