PROSPECTUS - THE PREMIER IRISH FORESTRY FUND PHASE II PLC.
Projected value after 30 years:
The foregoing projection table of illustrative returns is not a forecast but a projection using the assumptions above. Considering the lengthy investment period of approximately 30 years, these projections are as a result more subjective than those more normally associated with a forecast (forecasts by their nature cover a much shorter period). However, the assumptions used are reasonable and are based on both historical trend analysis and current practices adopted in the forest management industry. The promoters of the fund have taken due care to ensure their validity. It should be noted that future events and circumstances might cause the financial returns to differ from those projected above.
In the past years, there have been very few forest fires in Ireland. This is indicative of the quality of scrub clearance and forest management insisted upon by the Forest Service. Historically, trees have been planted to minimise the risk of fire.
The capital growth element of the forest is insured. Unlike other saving schemes, you will not be asked to pay insurance costs. These costs will be met indirectly by revenue from the Forest Service and the EU. In effect, the investment is self financing. Furthermore, there is an EU funded reafforestation programme in the event of fire.
Irish forests are considered to be the healthiest in Europe, due mainly to our island status and the rigid enforcement of strict forest plant health regulations. This, coupled with a very strong management presence will virtually eliminate any risk.
One of the reasons why trees grow so well in Ireland is due to our wet, mild climate. However, frost and wind damage are two potential problems. Both of these risks can be greatly minimised by the careful selection of sites. Through knowledge and experience, the Fund will purchase and afforest, only the most suitable land on behalf of the investors.
The forecasts of the Premier Forestry Fund Phase II Plc. are based on current industry norms. These norms may change either favourably or unfavourably. The Tax situation is based on the tax legislation currently in force and changes to such legislation may arise in the future but are unlikely to be applied retrospectively.