APHA Breeders Trust Point Value Increases For 2015, First Time Since 2008
Image courtesy of APHA.
PHJ release by: Jessica Hein
The results are in: the APHA Breeders’ Trust program saw an increase in point value for 2015, the first in a number of years.
In 2015, Breeders’ Trust-nominated horses earned 73,729 points worth $7.85 each—a .5% increase over 2014. The stabilization is testament to new efforts designed to arrest declining point values of between 4% to 20% over the last seven years.
“This represents the first year since 2008 that the Breeders’ Trust point value has increased, and we can directly attribute that achievement to the re-enrollment policy following the sale of a Breeders’ Trust horse; these fees, along with a portion of earnings by horses whose owners or lessees chose not to reenroll, were applied directly to the total Breeders’ Trust purse available for payback,” APHA Executive Director Billy Smith said.
Beginning in 2015, Breeders’ Trust-enrolled horses were subject to a $100 re-enrollment fee following sale or lease of the horse; the fee is optional, but it’s required to be eligible for the owner/lessee’s share of Breeders’ Trust payouts earned by the horse.
Full 2015 Breeders’ Trust statistics will be featured in the April 2016 Paint Horse Journal.
Established in 1994, the APHA Breeders’ Trust program was created to help offset the cost of showing and to add value to American Paint Horses. It’s a program that pays cash dividends for points earned by nominated horses at APHA-approved events. The program is designed to financially reward everyone responsible for the success of an outstanding foal: the stallion subscriber, foal nominator and horse owner. To learn more, visit apha.com/programs/breederstrust.
