Investments
AF currently manages 4 impact, forestry investment funds, Fideicomiso Forestal Financiero Bosques del Uruguay I, II, III and IV (BDUs) and a separate account in Chile.
The purpose of the BDUs is to develop sustainable eucalyptus and pine plantations to produce high-quality sawlogs and capture carbon.
Forestry Funds: BDUs
Bosques del Uruguay (BDUs) funds are Financial Trusts regulated by the Central Bank of Uruguay. AF is the manager and EF Asset Management is the Trustee.
The 4 funds are listed in the local stock exchanges: Bolsa Electronica de Valores del Uruguay (BEVSA) and Bolsa de Valores de Montevideo (BVM). The securities issued are called Participation Certificates which trade in BEVSA and BVM, and the main investors are domestic pension funds and insurance companies.
BDU I
Greenfield Ecucalyptus
August 2011 | 2031
SIZE (USDM)
50
TOTAL AREA (ha)
9,544
PLANTED AREA (ha)
5,344
BDU II
Greenfield Ecucalyptus
January 2015 | 2035
SIZE (USDM)
70
TOTAL AREA (ha)
14,703
PLANTED AREA (ha)
9,304
BDU III
Brownfield Ecucalyptus & Pine
December 2016 | 2036
SIZE (USDM)
190
TOTAL AREA (ha)
45,229
PLANTED AREA (ha)
27,739
BDU IV
Brownfield Ecucalyptus & Pine
April 2019 | 2039
SIZE (USDM)
330
TOTAL AREA (ha)
59,880
PLANTED AREA (ha)
38,357
All of our funds are certified by an independent third-party and contribute to the following UN Sustainable Development Goals (SDGs).
AF Group is FSC® certificate license holder FSC® C129543. FSC® is not responsible for and does not endorse any financial claims on returns on investments
