TFS SANDALWOOD PROJECT 2011
| Fee Rebate | 3.5% (70%) |
| Initial Investment | $13,750 |
| Number of funds |
| TFS Sandalwood Project 2011 is a tax deductible investment in Indian Sandalwood, a highly sought after commodity. |
| Key features and benefits |
| High Demand for Sandalwood Sandalwood has been an integral part of asian culture and religion for thousands of years, and remains a key ingredient in leading fragrances and cosmetics.The indian species of sandalwood (Santalum album) commands the highest price at auction due to its superior oil yields and long-term market acceptance with the current price for indian sandalwood logs averaging over a$100,000 per tonne.Average Price Trend: Sandalwood auctions in India (p. 14 PDS)  Establishment Fees payable on Application Tax Effective Product RulingsTFS 2011 has been granted a product ruling (2011/9) from the ATO. The rulings confirm that all fees paid in relation to TFS 2011 are fully tax deductible in the financial year they are paid. Ability to defer ongoing fees 14 Year Project term |
| Borrowing to invest |
| 100% Interest free loan – 20% deposit – Administration fee of $100 to each interest fee loan application – Payments made monthly in arrears over 12 months – Interest free until June 2012 |
What do we get paid
Wealth Focus will rebate 3.5% (70%) of the 5% sales commission. Wealth Focus does not receive a trailing commission for this product. The commission is paid by the fund manager and is NOT an additional charge to the investor.
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