IDEAS home Printed from https://ideas.repec.org/a/ags/jasfmr/190690.html
   My bibliography  Save this article

The Financial Benefits to Investors in a Canadian Farmland Mutual Fund

Author

Listed:
  • Painter, Marvin

Abstract

An analysis of Canadian farmland risk and return on investment shows that a Farmland Mutual Fund (FMF) would have been a reasonably good investment over the past 15 years. Investors at the very low or very high end of risk spectrum would not include FMF in their portfolios, Financial gains from a FMF result from low level risk with an expected yield that is greater than bonds and low correlation with other financial asset returns. Non-farm families gained from improvements to their pension and non-pension investment portfolios. Farm families gained from having more external non-farm equity entering the agricultural industry.

Suggested Citation

  • Painter, Marvin, 2006. "The Financial Benefits to Investors in a Canadian Farmland Mutual Fund," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2006, pages 1-9.
    • Handle: RePEc:ags:jasfmr:190690
    DOI: 10.22004/ag.econ.190690
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/190690/files/242_Painter.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.190690?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Libbin, James D. & Kohler, Jeremy D. & Hawkes, Jerry M., 2004. "Does Modern Portfolio Theory Apply to Agricultural Land Ownership? Concepts for Farmers and Farm Managers," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-12.
    2. Libbin, James D. & Kohler, Jeremy D. & Hawkes, Jerry M., 2004. "Financial and Real Estate Investments in Mixed-Asset Agricultural Portfolios," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-11.
    3. Bigge, Holly M. & Langemeier, Michael R., 2004. "Relative Profitability and Risk of Kansas Farms and S&P 500," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-7.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Painter, Marvin, 2009. "PR - Equity Financing And Investment, Opportunities In Canadian Primary Agriculture," 17th Congress, Illinois State University, USA, July 19-24, 2009 345514, International Farm Management Association.
    2. Painter, Marvin J., 2011. "PR - Improving Investment Diversification: Is Farmland As Good As Gold? (p396-405)," 18th Congress, Methven, New Zealand, 2011 345588, International Farm Management Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Painter, Marvin J., 2013. "Gold, black gold, and farmland: should they all be part of your investment portfolio?," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 2(2), pages 1-13, January.
    2. Painter, Marvin J., 2010. "Equity financing and investment opportunities in Canadian primary agriculture," AFBM Journal, Australasian Farm Business Management Network, vol. 7(1), pages 1-8, October.
    3. Painter, Marvin J., 2013. "PR - North American Farmland Investment Performance Assessment Using E-V Analysis, CAPM And Value At Risk," 19th Congress, Warsaw, Poland, 2013 345689, International Farm Management Association.
    4. Painter, Marvin J., 2011. "PR - Improving Investment Diversification: Is Farmland As Good As Gold? (p396-405)," 18th Congress, Methven, New Zealand, 2011 345588, International Farm Management Association.
    5. Painter, Marvin, 2009. "PR - Equity Financing And Investment, Opportunities In Canadian Primary Agriculture," 17th Congress, Illinois State University, USA, July 19-24, 2009 345514, International Farm Management Association.
    6. Painter, Marvin J., 2015. "Assessing the Required Risk Premium for North American Farmland Investment," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2015, pages 1-19.
    7. Williams, John & McSweeney, Peter & Salmon, Robert, 2014. "Australian Farm Investment: Domestic and Overseas Issues," Papers 234408, University of Melbourne, Melbourne School of Land and Environment.
    8. Li, Xin, 2016. "The Farmland Valuation Revisited," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(2), pages 1-14, April.
    9. Libbin, James D. & Kohler, Jeremy D. & Hawkes, Jerry M., 2004. "Does Modern Portfolio Theory Apply to Agricultural Land Ownership? Concepts for Farmers and Farm Managers," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-12.
    10. Kabir, Md. Jahangir & Cramb, Rob & Alauddin, Mohammad & Gaydon, Donald S., 2019. "Farmers’ perceptions and management of risk in rice-based farming systems of south-west coastal Bangladesh," Land Use Policy, Elsevier, vol. 86(C), pages 177-188.
    11. Libbin, James D. & Kohler, Jeremy D. & Hawkes, Jerry M., 2004. "Financial and Real Estate Investments in Mixed-Asset Agricultural Portfolios," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-11.
    12. Noumir, Ashraf & Langemeier, Michael R., 2021. "Farm Size and the Cross-Section of Farm Returns," 2021 Annual Meeting, August 1-3, Austin, Texas 313880, Agricultural and Applied Economics Association.
    13. Tóth, M. & Lančarič, D. & Piterková, A. & Savov, R., 2014. "Systematic Risk in Agriculture: A Case of Slovakia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(4), pages 1-9, December.
    14. Langemeier, Michael & Fang, Xiaoyi & Yeager, Elizabeth, 2020. "Relative Profitability and Risk of Kansas Farms," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 9, July.
    15. repec:ags:aoeisl:170464 is not listed on IDEAS
    16. Toth, Marian & Lancaric, Drahoslav & Piterkova, Andrea & Savov, Radovan & Rabek, Tomas, 2014. "Measuring Systematic Risk Of Unquoted Agricultural Farms," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra, vol. 17(1), March.

    More about this item

    Keywords

    Financial Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jasfmr:190690. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/asfmrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.