Heretaunga Orchards LP
Hort
WARNING The law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule 1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more.
If you fall within Schedule 1, Clause 3 of the FMCA, as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Note: We urge you to carefully review the information Memorandum and additional attachments (if applicable) before lodging an application. In the event that there are any material changes to the Information Memorandum communications will be added to the attachments for review.
MyFarm launched its first large-scale Rockit™ apple syndicate in 2017, followed by Heretaunga Orchard LP in 2020. The Limited Partnership purchased a free-hold orchard of 13.5 ha at 193 Ormond Road, Twyford and developed it into a Rockit™ orchard, planted in an intensive growing system. A second lease-hold orchard of 9.0 ha was developed in 2020 as part of a larger scale Rockit development at Pukehamoamoa. The two orchards provide the portfolio with geographic diversity and some of the benefits of scale.
Rockit™ is the world’s first commercially successful miniature apple that was developed and launched in New Zealand back in 2010. Brilliantly marketed as a snack apple, it is sold in tubes that command a price premium in high value markets across 28 countries.