CQuest Forestry Fund vs MyFarm KiwiFruit Fund

The most material structural difference between these two funds is their legal form and liquidity profile. CQuest Forestry Fund is structured as a Limited Partnership with an inception date of 2025 and no redemption mechanism disclosed in the extracted data, implying capital is locked up for the investment's lifetime — consistent with forestry's long biological growth cycles. MyFarm KiwiFruit Fund, by contrast, offers quarterly redemptions and quarterly cash distributions, providing meaningfully more liquidity for investors who may need periodic access to capital.

Both funds are managed by the same entity, MyFarm Investments (FSP1003795, Christchurch), and are restricted to wholesale investors only. Their return targets are broadly comparable: CQuest targets "9-12% p.a. IRR (target internal rate of return over the investment's lifetime)" while KiwiFruit targets a "Targeted long-term total return, including cash distributions and capital growth, of 10% p.a." — though these metrics are not directly equivalent, as IRR and total-return figures measure performance differently.

Asset classification also diverges: CQuest is categorised as forestry, while KiwiFruit is classified as property, reflecting its kiwifruit orchard and land exposure. KiwiFruit discloses AUM of approximately NZD 210 million and AIP eligibility; CQuest's IM does not specify AUM or AIP status. The minimum investment for CQuest is NZD 50,000; KiwiFruit's IM does not specify a minimum in the extracted data. Neither fund is structured as a PIE.

Verify all details against the source IM or PDS before making any investment decision.