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Follow on Google News | Agcapita today released financial results for the year ended December 31, 2011.Agcapita today released financial results for the year ended December 31, 2011.
"2011 was another successful year. Agcapita Farmland Fund II finished its medium term acquisition program and as we predicted when we first began researching the asset class in 2007, Saskatchewan farmland continued to appreciate significantly faster than its neighbors with a gain of approximately 22% in 2011 alone – a compounded rate of appreciation of over 12% since 2007. We also opened Agcapita Farmland Fund III to investors with a $20 million offering – it is the only RRSP eligible farmland fund in Canada.” said Stephen Johnston, founder and CIO. About Agcapita Farmland Funds: Agcapita’s funds directly hold diversified portfolios of farmland in western Canada, and in particular in the highly competitive province of Saskatchewan. Investors are provided with the comfort of a direct investment in farmland combined with a model of front-end loaded cash rents. Agcapita is part of a family of alternative investment funds with a focus on generating commodity-linked returns. Agcapita’s series of farmland funds continue to show great appeal to conservative investors concerned with inflation and the volatility of their existing public equity investments. Agcapita's analysis shows the risk of inflation increasing hence a continued interest in farmland investments. Farmland has similar inflation hedging qualities to gold but with an ongoing cash yield that gold lacks. Farmland returns exhibit low volatility and this combined with the high absolute returns from farmland equate to a favorable Sharpe ratio. Agcapita is one of Canada's most experienced farmland fund managers, launching its first fund in Q1 2008. Disclaimer: The opinions, estimates, projections and other information contained herein are not intended and are not to be construed as an offer to sell, or a solicitation to buy, any securities including those of Agcapita and its affiliates, nor shall such opinions, estimates, projections and other information be considered as investment advice or as a recommendation to enter into any transaction. There shall not be any sale of Agcapita securities outside of Canada or in any province of Canada in which such offer, solicitation or sale would be unlawful, and any such sale may only be made to prospective investors who meet certain eligibility criteria and who first receive any applicable offering documentation. Forward Looking Statements: This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," End
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