Investment objective


The Specialist Residential Property Impact Fund (Fund) has been established to invest in a portfolio of high-quality specialised residential property assets for inclusion and operation in the Australian federal Government’s Specialist Disability Accommodation (SDA) scheme.

A summary of the SDA scheme, which is a sub-set of the National Disability Insurance Scheme (NDIS), is provided on this website. The Fund has completed its initial pilot program and is currently closed for new investment. When it reopens, you should read the PDS for a more detailed explanation.

The objective of the Fund is to provide regular distributions to Investors and to protect and grow your capital. In doing so it seeks to deliver quantifiable social impacts, as measured by the number of people with disabilities that are able to move from less suitable accommodation settings, and/or enjoy independent living for the first time as a result of investments made by the Fund. The Fund may not be successful in achieving its target distribution rate or regular distributions.

With the Government having legislated 20-year funding lines to support their target of seeing enough new properties registered into the SDA scheme to support the accommodation needs of around 12,000 SDA Participants, the Fund has been established as an open-ended fund to enable it to further grow its portfolio, with the objective of emerging as a leader in the provision of SDA property. Whilst the Fund is currently closed for new investment it is planned to reopen again.

The Fund adopts a conservative approach to capital management and normally debt (if any) will range from 0-15% of the Fund’s gross assets at the time of borrowing, but at times the Fund may borrow up to a maximum of 25% of the Fund’s gross assets at the time of borrowing. Where debt is used it will be used selectively to fund investments and capital expenditure where appropriate.

“The objective of the Fund is to provide regular income distributions at a target net rate of 8.25% p.a. (pre-tax, net of all fees and costs), and to protect and grow your capital, with a goal of achieving a positive quantifiable social impact for people living with disabilities, their carers, and families.”



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Disclaimer
The information on this website is general financial product advice only. It has been prepared without taking into account your objectives, financial situation or needs and because of that you should, before acting on the information, consider the appropriateness of the information having regard to your objectives, financial situation and needs. If and when the Fund is open for new investment, you should obtain the product disclosure statement (PDS) relating to the offer of units in the Specialist Resident Property Impact Fund (Fund) and consider the PDS and related documents and understand the Fund’s target market before making any decision about whether to acquire, or to continue to hold, units in the Fund. You should also review the Fund’s design and target market determination (Target Market) in the Fund Highlights section of this website to determine if the you fall within the Target Market. Spring FG Funds Management Pty Ltd (ABN 36 611 176 517) (authorised representative number 001274191) is the provider of the information on this website and the issuer of units in the Fund is One Managed Investment Funds Ltd (ABN 47 117 400 987) (AFSL 297 042).