Accord

Accord Early Learning Fund

Target $350m – Open for investment

The Accord Early Learning Fund is a ‘pure play’ investment fund, focused on providing investors with exposure to the Australian Early Learning sector. This sector is underpinned by significant bi-partisan Government support and is classified as a critical or ‘Essential’ service.

Key Fund Attributes

Summary of Portfolio

As of December 2023

NET TANGIBLE ASSETS $ (NTA)$1.03 per unit
NUMBER OF ASSETS11 Completed
2 in Development
PORTFOLIO VALUE (completed)$67.9m
WEIGHTED AVG CAP RATE5.39%
WALE18.1 yrs
TARGET FY23 DISTRIBUTION YIELD5.25-5.50%
GEARING37.9%