Alternatives specialist The Investor Club is to offer a SIPP and SASS ready investment in tropical timber which will give investors access to teak plantations in Sri Lanka.
Investors will buy units of trees which are planted on land they have leased in plantations protected and maintained by one of the world's oldest and most sophisticated forestry commissions. "Sri Lanka has been growing teak for hundreds of years because it has the perfect climate and soil conditions," The Investor Club founder Matt Ames says. "The returns are phenomenal and what I like most about this is the tangibility. For example, the longer you retain ownership of the trees they are physically growing. If the value of timber is growing at 10% per annum, you also have the added bonu...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes