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International Forestry Fund acquires forestland in Scotland

Scottish forestry strategically important for International Investors

Press Release, Helvetia Wealth AG, Zurich/Dublin: March 31, 2010

The International Forestry Fund - a joint venture between Dublin based I.F.S. Asset Managers Ltd (IFS) and the Swiss asset management firm Helvetia Wealth AG - today announced its entry into the Scottish forestry market with a strategically important forestland acquisition in Falkirk, Stirlingshire. The sum of the investment was not disclosed.

The purchase of the Rashiehill and Shielknowes Forest in Falkirk represents an important step for the Fund as it is its first UK acquisition and helps further diversify its global portfolio.

The Fund's portfolio includes a diversified range of species of differing ages from predominantly Sitka spruce forests in the UK and Ireland to sustainably managed tropical hardwood timbers such as teak, mahogany, and rosewood in Central America. The Fund is also committed to the principles of ethical forestry certification especially for its' tropical hardwoods.

The International Forestry Fund, created in March 2009, benefits from many years experience and the successful track record of IFS which manages in excess of €100 million of forestry assets on behalf of individual and corporate clients in Ireland. "Indeed it is that success which led to Bertie Ahern, the former Prime Minister of Ireland, agreeing to becoming Chairman of the International Forestry Fund earlier this year" said Paul Brosnan who co-founded IFS in 1997 and is a Director of the International Forestry Fund. "The Scottish Executive's ongoing commitment to forestry was a key influencer in the Fund's decision to invest." The Scottish Executive has a target of 50% of all Scotland's electricity being produced from renewable resources by 2020.

The International Forestry Fund provides access to globally diversified sustainable forestry for institutional and individual investors. The Fund is also available to self-invested personal pensions in the UK via a Unit Trust structure. Investors can take advantage from this asset class with its unique benefits of low correlation with equities and bonds and an excellent hedge against inflation.

About Helvetia Wealth AG:
Helvetia Wealth is the fastest growing financial services brand in Europe and its core business is private banking and asset management. Working with top tier banking partners it uses an open architecture model and sits at the centre of this exclusive network. It provides investment allocation strategies across all asset classes for its sophisticated private and institutional client base. Helvetia Wealth head office is in Zurich and the Company has offices in Berlin, Dublin, Glasgow, Hamburg, Kilkenny, Liechtenstein, Mauritius and London. www.helvetia-wealth.com

 

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