Where are these cattle based?
The 5 300 head of cattle are managed by Fabwell Farming (Private) Limited on three separate ranches in Zimbabwe, Dubane (Gwanda) 33 000 ha, Maphaneni (Kezi) 19 000 ha, Landsend (Norton) 5500 ha. Dubane and Maphaneni are leased from Cold Storage Commission (CSC) and Landsend is a privately leased farm. All leases are long term…
Read MoreWhat assets support the Units available for investment in the Trust?
The Mombe Mari Unit Trust owns 5 300 head of cattle. The herd weight as at 30.11.2021 was 1.9 million kg’s. 1.3 million kg’s of this herd is available for investment in the Trust.
Read MoreWhat happens if all the current 1.3 million Kg’s are fully subscribed?
The Trust is an open ended Trust. This means there is no limit to how the Trust assets can grow. The existing herd comprises of approximately 300 heifer calves to date, 700 weaner heifers and 250 yearling heifers. The natural organic weight growth of this young breeding stock together with the annual calving from these…
Read MoreHow often is the Trust valued and on what basis is it valued?
The Trust is valued at each Valuation Point, which is on a Wednesday every 2 weeks. The price which determines the unit value of your investment is the latest weighted average CC Sales Auction price per Kg. The Valuation Point is published on the Silverback Website the day after each Valuation Point.
Read MoreIs my Investment transferrable?
Investments acquired in The Mombe Mari Unit Trust may be acquired for the purpose of selling, transferring, granting, issuing or transfering interest in, or options over, in accordance with the provisions of the Companies and Other Business Entities Act (Chapter 24:31), at the consent of the Management Company.
Read MoreOn redemption of my investment, can I opt to redeem part of my investment?
Yes you can chose to redeem part of your investment, provided the redemption equates to whole units and not fractional units.
Read MoreWhen can I redeem my investment and what is the cost of redemption?
Your investment is redeemable at any time you chose after an initial holding period of 3 months. On redemption, a 2% redemption fee is payable.
Read MoreWhat is the cost of investing in The Trust?
Each investment into the Trust will attract a 1% fee on investment.
Read MoreWhat returns can I expect from my Investment?
Your investment in The Mombe Mari Unit Trust is expected to earn 8% per annum, compounded. The interest is payable annually in Kg’s of live cattle, at the valuation point just prior to the annual interest declaration. The interest earned will be credited to your account as a fractional unit.
Read MoreWhat documentation will I receive to support my investment?
At the time you invest in The Mombe Mari Unit Trust you will receive an investment certificate which states the number of units you have invested in and the value of your initial investment. You will receive a monthly statement of your account which will indicate the initial investment, valuation movements, interest accruals and capital…
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