Assetora Limited (ASX:AOH) Announces Launch of Australian Homeowner Equity Fund
Launch of the Australian Homeowner Equity Fund
Assetora Limited has officially launched the Australian Homeowner Equity Fund, now available to wholesale investors. This marks a strategic expansion beyond the original DomaCom Fund, supporting the Bricklet Homeowner Program by providing a shared equity solution to help Australians access the property market.
Fund Details
The Homeowner Fund offers investors access to a diversified residential property portfolio by contributing up to 20% of the property purchase price in exchange for a co-ownership stake. Homeowners finance the remaining 80% through a traditional mortgage, typically with top-tier partners such as AMP Bank, and pay the Fund an occupancy fee. The fund targets a 12% Internal Rate of Return per annum, combining income and capital growth, supported by a risk-managed framework including geographic diversification, robust credit assessment processes, and strong legal protections.
Pilot Phase and Demand
After a successful two-year pilot phase in collaboration with AMP Bank, over 25 homeownership transactions have been completed using this model. The program now has a waitlist of homeowners ready to participate, demonstrating proven demand and readiness for scale. The initial fund size is $100 million, with capacity for growth.
Strategic Partnerships and Revenue
The Fund enhances Assetora’s funds under management and drives new recurring revenues via the Bricklet platform. Under a previously announced agreement, Assetora receives a 50% revenue share from Bricklet’s deposit funding operations, enabling a scalable, aligned growth model with no upfront acquisition cost and significant long-term upside.
Executive Comments
CEO Darren Younger commented: “The Homeowner Fund brings together everything Assetora stands for: innovation, impact, and performance. We’ve proven the model through our pilot, built a strong pipeline of homeowner demand, and structured a fund that delivers attractive returns while helping Australians buy homes. This fund is not only a growth engine for Assetora but a powerful tool for societal benefit.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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