Investors in the three almond funds managed by RFM, and their financial advisers, were recently provided an annual update on fund performance, orchard management and future outlook.
Two webinars were held on 9 and 10 August and hosted by RFM Investor Relations Manager, James Powell, and National Manager of Almonds Daryl Winter. The key topics discussed included:
- An industry update, including the recent fluctuations in the global almond price;
- the high-performing 2015 harvest, which will be reflected in the 2016 distributions;
- the 2016 harvest which was lighter than the 2015 harvest due to the biennial bearing nature of almond trees; and
- an overview of the projects being undertaken in the orchards.
A copy of the presentation is available for download HERE. The RFM Almond Fund 2006 (AF06), RFM Almond Fund 2007 (AF07) and RFM Almond Fund 2008 (AF08), are managed investment schemes operating on almond orchards located near Hillston, NSW, which are owned by RFF.