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
- Multiple asset, multiple tenant, unlisted unit trust open to wholesale investors
- 5.25-5.50% p.a. Target Quarterly Distribution
- 10-12% p.a. Target Total Return
- 5 Year Initial Fund Term
Summary of Portfolio
As of December 2023
| NET TANGIBLE ASSETS $ (NTA) | $1.03 per unit |
| NUMBER OF ASSETS | 11 Completed 2 in Development |
| PORTFOLIO VALUE (completed) | $67.9m |
| WEIGHTED AVG CAP RATE | 5.39% |
| WALE | 18.1 yrs |
| TARGET FY23 DISTRIBUTION YIELD | 5.25-5.50% |
| GEARING | 37.9% |
Quarterly Reports
Click to download the latest quarterly report