The Fund invests into teak plantations in Brazil. Like any commodity supply and demand factors are crucial for the price trend. Despite its size Brazil is not a main producer of teak wood – yet. The market is dominated by Asian producers, mainly Myanmar that has introduced a log export ban due to come in force in April 2014. This as means of reducing harvests of natural teak forests. The market is stocking up supplies but the price trend is still positive. Since the export ban was proposed in October 2012 teak prices have soared. For instance, Grade 2 teak has increased by 21 % since October 2012 up until May 2013.