If you would like to sell your assets and close your account, you can do so by contacting us.
It is important to keep in mind that Impact Farming is designed to be a long-term investment and the full value of your asset is only realised if you stay invested for the whole term. While your asset will continue to produce a growing return for you over time, it will start to lose value, as there is wear and tear on beehives and solar panels, and each asset has less years left in which it can generate a return. Therefore, the price at which you will be able to sell your asset continues to decrease.
Please also note that a transfer fee may be charged at our discretion, dependant on factors such as the size of the transfer and whether you have sold assets in the past. This rate will be communicated to you and if you accept it, we can proceed with the transfer process.
If, after careful consideration, you still decide to sell your asset, you have two options. You can find a willing buyer who is willing to purchase your asset at a price that you negotiate between yourselves. To effect the transfer, the relevant documentation will be sent to you for completion. If a transfer fee is applicable, Fedgroup would first have to receive these fees before the transfer can be finalised.
Alternatively, we will attempt to find a willing buyer for you at the calculated market value of your asset if you instruct us to do so. This process can take up to three months, or even longer. The larger the value of the assets you want to sell, the longer it usually takes to find a willing buyer. Fedgroup will subtract the transfer fees, if applicable, and pay the balance over to you.
Please email us at IFcontact@fedgroup.co.za.