OTTAWA, Canada, September 14, 2012 – Investors in Bonnefield Canadian Farmland LP I experienced a 10.4 per cent return during the first six months of 2012 including cash distributions. Earlier this year Bonnefield announced a policy of 5% cash distributions payable semi-annually. Total compounded returns to date have been 25.78 per cent since the fund’s inception in April 2010.
Bonnefield, a national farmland investment manager, provides individuals, family offices and institutional investors with opportunities to invest in Canadian farmland through pooled limited partnerships and individually managed accounts.
Bonnefield Canadian Farmland LP I currently holds a portfolio of more than 15,000 title acres of farmland located in Alberta, Saskatchewan, Manitoba and Ontario and generates a return for investors through a combination of lease income and capital gains.
Bonnefield Canadian Farmland LP I is now closed to new investment and completed its farmland acquisition program in early 2012.
The company recently began a private offering for Bonnefield Canadian Farmland LP II, a private, unlisted, limited partnership open to accredited investors who are Canadian citizens or qualified Canadian residents as defined by relevant farmland ownership regulations.