CQuest Forestry Fund vs MyFarm Solar Fund

The most material structural difference between these two funds is their underlying asset class and return profile. CQuest Forestry Fund invests in forestry, targeting "9-12% p.a. IRR (target internal rate of return over the investment's lifetime)" — a long-horizon, illiquid asset where returns are realised over an extended growth cycle. MyFarm Solar Fund invests in renewable energy infrastructure, with "forecast cash distributions of 10-12% p.a., paid quarterly" and a tax-adjusted equivalent return described as "an average 15% p.a. return on a fully taxable investment, from years two to ten, assuming a tax rate of 33%" — a meaningfully different proposition given its quarterly income cadence and depreciation-driven tax benefits.

Both funds are managed by MyFarm Investments (FSP1003795, Christchurch), share a NZD 50,000 minimum investment, launched in 2025, and are restricted to wholesale investors only. Both are not identified as PIE structures in the available data.

Beyond these shared features, the documents diverge on several disclosures. The Solar Fund specifies an LVR cap of 35% and confirms AIP eligibility; the Forestry Fund's IM does not specify either. The Solar Fund discloses current AUM of NZD 13.9 million; no AUM figure is available for the Forestry Fund. The Forestry Fund is structured as a Limited Partnership; the Solar Fund's legal structure is not specified in the available factsheet data.

Always verify these details against the source IM, PDS, or SIPO for each fund before relying on any of this information.