The product aims to provide investors with a reliable and tax-efficient income stream with the potential for capital growth through the acquisition and long-term leasing of land and water assets.
"We see the RiverBank structure of focusing on leasing assets rather than operating them has potentially significant merit," Zenith senior investment analyst Dugald Higgins said.
"While the fund currently faces risks from concentration in assets, location and to a certain extent tenants, we see the fund as a useful way to gain exposure to agriculture without most of the risks of direct operations or dilution and volatility associated with shares in agricultural companies."
