2020 is coming to an end. It has been a difficult year for many, yet some nice things have taken place. Corekees has grown again this year, so we planted a lot of new trees. One of the main reasons for this has been the introduction of tree savings with the ‘Tree subscription’. Although there have been a lot of positive reactions to the subscription, it also raises questions with alot of people. This blog will discuss the most asked questions about the Corekees ‘Tree subscription’.
THE TREE SUBSCRIPTION
The ‘Tree subscription’ is a way to save trees every month at Corekees. Over a period of 20 years, Corekees trees yield an average return of 7.8% per tree per year. These returns can be paid out as returns or reinvested in new trees. Clients can choose this every year: right after the harvest (= the time of payment).
FREQUENTLY ASKED QUESTIONS ABOUT SAVING TREES
So, now that the subscription has been dealt with, let’s discuss 5 of the most frequently asked questions:
WHAT ARE THE DIFFERENT TREE SUBSCRIPTIONS AVAILABLE?
You can choose how many trees you save per month. If you save between 1 and 4 trees per month, one tree will cost €20,-. If you go for 5 to 9 trees per month it will be €19,50 per tree. From 10 or more trees per month, trees even cost €19,- per tree. Because the trees do produce the same, the ‘return on investment’ becomes higher the more trees are saved per month. At +5 trees/month the return goes to 8.1% and from 10 trees/month even to 8.5% annual average return (over the 20-year life of the tree).
WHEN AND HOW DO I GET PAID?
We expect the first harvest in the 3rd to 4th year after the initial investment (start of subscription). From then on, the return payment will also start. 7 Years after planting the trees they are considered adult (and they will yield full return). The payments take place annually because the trees are harvested once a year. The yield is paid on the account number that is known to us. For the payment you will receive a message from our team.
HOW LONG DOES THE SUBSCRIPTION LAST?
The subscription can be cancelled monthly after the first 3 months. All trees that are saved together during the duration of the subscription will remain in your possession for the next 20 years.
WHAT HAPPENS IF I STOP THE TREE SUBSCRIPTION?
If you no longer want to save for trees, the monthly depreciation stops. Of course, all trees that are saved at the time of quitting will remain in your possession and will benefit from the yield for another 20 years after the last tree was saved.
WHERE CAN I FIND THE OVERVIEW OF MY SAVED TREES?
All data is in the personal account. Here you can find everything you need to know, for example, when the subscription started and the serial numbers of the corresponding bonds.
These were the 5 most frequently asked questions. More questions take a look at the frequently asked questions. Are you still missing information or do you want more depth? Whatsapp or call us, we’d love to hear from you!
Have you become enthusiastic and want to start saving trees as soon as possible? Your tree-saving subscription starts here: corekees.com/investment