Genetic Improvement/Genetically Improved
Improving the growth performance, wood quality and other aspects of trees through breeding.
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Genetic Modification/Engineering
Changing the qualities of a particular species (plant or animal) by manipulating and changing the genetic structure of that species (e.g. by adding genetic material from another species). Forest Enterprises has no genetically modified trees. Ongoing research in this field is being undertaken by New Zealand’s forest research organisation, SCION but there are currently no [...]
Ordinary Partnership
This is an investment structure used by some of Forest Enterprises’ historic forest investments. An ordinary partnership is the relationship between persons carrying on a business in common with a view to profit. Unlike a company, an ordinary partnership is not a separate legal entity. Partners in an ordinary partnership therefore have unlimited personal liability [...]
Plantation Forest
A forest that has been planted as a crop for eventual harvest. Most plantation forests are replanted following harvest for second and subsequent rotations in perpetuity. The majority of New Zealand plantation forests are planted in Radiata pine (Pinus radiata), an exotic tree species. Plantation forests contrast with indigenous or naturally occurring forests.
Pre-Emptive Rights
A feature of an ordinary partnership investment, one of our historic investment structures. Under pre-emptive rights provisions (set out in the Deed of Partnership), should one member wish to sell their ordinary partnership share(s), they must first be offered to the other partners and only when these partners have declined to purchase at the seller's [...]
Silviculture
Establishing, growing and tending forest crops.
What are my shares worth?
When the Financial Statements are prepared each year, an update is made to an investment's Indicative Value at Balance Date (for a typical share unit of 200 shares). An update to the Indicative Value may also be provided in the Investment Report prepared when a client is selling their Forest Enterprises shares. If you have [...]
When are you too old to invest in forestry?
In our opinion, no one is too old to invest in forestry! Forestry investment is a long-term investment for around 26 years, but need not be, as your investment can be sold via a tender process which we can facilitate for you. Many parents and grandparents appreciate the longer term of the investment as being [...]
Are the trees insured?
Yes. Your forest is insured against fire until harvest which includes the cost of fire-fighting, forest re-establishment and claim-related costs. Public liability is also in place under a separate policy. Contact us for the current summary of the forest insurance cover.
Landing / Skid site
Areas within a forest where harvested logs are processed and loaded onto trucks for transport to a port or mill.