Nuveen Natural Capital builds diversified timberland portfolios with exposure to multiple geographies and crop types to mitigate risk. Our team utilizes in-house research and data, as well as reliable market sources to manage our global portfolio. Review our data, news and analysis to stay informed on timberland returns, timber and ecosystem service prices, research and recent market events.
Historical U.S. Timberland returns
The NCREIF total return index is a quarterly time series composite return measuring the performance of a large pool of individual timberland properties acquired in the private market for investment purposes only. The chart below provides the historical performance of timberland investments.
Please note, it is not possible to invest directly in an index. Performance data shown represents past performance and does not predict or guarantee future results. Investing involves risk; principal loss is possible.
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Important information on risk
Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.
Investors should be aware that alternative investments are speculative, subject to substantial risks including the risks associated with limited liquidity, the potential use of leverage, potential short sales and concentrated investments and may involve complex tax structures and investment strategies. Alternative investments may be illiquid, there may be no liquid secondary market or ready purchasers for such securities, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits.
Timberland investments are illiquid and their value is dependent on many conditions beyond the control of portfolio managers. Estimates of timber yields associated with timber properties may be inaccurate, and unique varieties of plant materials are integral to the success of timber operations; such material may not always be available in sufficient quantity or quality. Governmental laws, rules and regulations may impact the ability of the timber investments to develop plantations in a profitable manner. Investments will be subject to risks generally associated with the ownership of real estate-related assets and foreign investing, including changes in economic conditions, currency values, environmental risks, the cost of and ability to obtain insurance and risks related to leasing of properties.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
Diversification does not assure a profit or protect against loss.
This information does not constitute investment research as defined under MiFID.