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Rewards Group Tropical Fruits Project 2008

See for more information on Rewards Group Voluntary Administration
Rewards Group Tropical Fruits Project 2008
Cash Rebate 8.25%
Closing Date CLOSED
Minimum Investment $9,500 (ex GST)
Term of Project 20 years
Research AAG 4 stars
ATO Product Ruling 2008/24

Telephone: 1800 111 781
Fax: (08) 9324 2155

Finance Details

Rewards offers finance options with 100% GEARING available – No Deposit Required.

The cut off date for finance applications (including full financials) is by Close of Business (WST) Wednesday 11 June 2008, Finance applications received after this date may not be accepted into the Project. Please ensure the Finance Package Checklist is completed carefully and the entire booklet is returned with supporting documentation. Both the Grove application and Finance application forms need to be signed and witnessed in the relevant areas.

For CASH and 12 MONTH INTEREST FREE TERM applications, all documentation must be received in full by Rewards Group by midnight Sunday 15 June 2008 in order for it to be accepted.

The Opportunity

The Rewards Group Tropical Fruits Project 2008 offers Growers the opportunity to participate in Australia’s horticultural industry. To be established near Dandaragan in Western Australia and Mareeba, Kumbia and Childers in Queensland, the Project will result in the establishment and operation of intensively managed, irrigated stone fruit and mango orchards.

Project details
The PDS offers about 2700 Groves of 0.05 hectare each at an issue price of $5,225.00 (inclusive of GST) per Grove. 

The Project is supported by Australian Taxation Office Product Ruling 2008/24.
Applicant Cost per Grove - $5,225.00 (inc GST)
Minimum number of Groves per application - 2 Groves
Minimum investment amount - $10,450.00 (inc GST)
Size of Grove - 0.05ha
Project duration - 20 years
Ongoing annual management are required
Annual insurance fees (if finance is taken) will apply.
Finance options with up to 100% gearing available
Finance applications close on 5:00pm Wednesday 11 June 2008
Project closes on Friday 15 June 2008
Product Disclosure Statement PDS
Finance Application
Finance Information
Writeable Application
Writeable Finance Application
Growers will be entitled to significant tax deductions for expenditure in the financial year in which they are incurred.

The Project will operate for approximately 20 years, with a harvest occurring every year, including the first year. The Project will produce high quality fruit, that has immediate access to established domestic and developing overseas markets. A significant feature is the Project will produce stone fruit substantially earlier than the major stone fruit producing regions in southern Australia.

The Industry
The Queensland mango and Australian low chill stone fruit industries were estimated to have a farm gate value totalling $100 million in 2005/2006.

High quality fruit, established domestic and developing overseas markets and the capacity to supply mangoes and stone fruits when fruit from southern Australia is not available, creates a favourable market opportunity.
By selecting Rewards Group to manage an investment in the Rewards Group Tropical Fruits Project 2008 you will be selecting a manager that offers the following benefits to participating growers:

Australia’s leading private fee for service farm manager:
Rewards’ focus is on returns to growers - not ASX listed shareholders.

Selecting ‘high value, low volume’ projects:

Growing the right commodity for the right market at the right time is a hallmark of Rewards’ projects. Rewards' focus on only growing ‘high value, low volume’ commodities: this is their unique selling proposition and their focus for a profitable outcome for participating growers.

Well researched projects:
Each year Rewards continues to receive high ratings from stringent independent research houses, with extensive experience in determining quality agribusiness projects.

Competitive finance arrangements:
By sourcing an attractive finance package from an independent provider of finance, Rewards’ projects become more affordable on a day to day basis and complement overall wealth creation strategies for participating growers.

Owner Managers:
The shareholders of Rewards Group actively manage growers’ investments on a day to day basis.
Their remuneration is dependent on their ability to manage this Tropical Fruits Project for a successful outcome.

The information contained above is intended to only provide a general overview of the contents of the Product Disclosure Statement (PDS). It is not intended to be a recommendation to purchase any securities of any kind nor be specific advice of any kind. Whilst every effort has been made to ensure the accuracy of information contained here and the PDS, no person should act specifically on the basis of the material contained herein.

No investment objectives, financial situation or particular needs of any particular person have been considered in preparing this information or the PDS. Prior to investing in this or any Rewards’ project or scheme, a person should obtain a copy of the PDS, assess the suitability of the investment to their financial needs and consult an independent professional if necessary.

Simply download an Investment Brochure/PDS above. It’s that easy!

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