La Trobe Financial, Australia’s leading alternative asset manager, has today announced that leading independent rating agency Lonsec has affirmed its ‘Recommended’ rating of the flagship 12 Month Term Account of the La Trobe Australian Credit Fund+.
This marks the twelfth consecutive ‘Recommended’ rating that the 12 Month Term Account has received from Lonsec, a testament to the resilience and longevity in performance of the offering, and its ability to generate risk adjusted-returns across the economic cycle.
The 12 Month Term Account, Australia’s fastest growing fund in the twelve months to 31 May 2023, has delivered impeccable performance for investors since inception. A history of performance recognised by Lonsec, who highlighted the 12 Month Term Account’s “relatively conservative loan-to-value ratio and [that it] has yet to register a negative monthly return”.
In the research report Lonsec also reiterated their “conviction in [La Trobe Financial’s] credit approval process and large and experienced team”, recognising that the portfolio fundamentals embedded within the 12 Month Term Account are effective in managing the illiquid nature of the underlying asset class.
Chris Paton, La Trobe Financial’s Chief Investment Officer commented “we are proud to once again be recognised by Lonsec for the outstanding performance of our flagship 12 Month Term Account. We remain committed to the highest standards of investment discipline and portfolio construction, and deeply value the reservoir of trust our 93,000 investors have placed in us as the stewards of their capital. This ongoing endorsement from Lonsec is a testament to the underlying fund quality, our commitment to our investment fundamentals and the value it generates”.
Learn more about the La Trobe Australian Credit Fund and view the latest rates here.
About La Trobe Financial
La Trobe Financial is Australia’s leading alternative asset manager and a proven and trusted investment partner for institutional and retail investors with c. A$18 billion AUM. Established in 1952, La Trobe Financial has been building the wealth of its investors across seven decades through careful attention to quality, discipline and consistent performance across the economic cycle. Today, La Trobe Financial manages assets on behalf of 93,000 investors – including some of the world’s largest financial institutions – and 3,200 supporting financial advisers. La Trobe Financial’s retail asset management business is spearheaded by the $9.6bn Credit Fund, the largest retail credit fund across Australia. Its flagship 12 Month Term Account has been recognised as “Best Credit Fund – Mortgages” for 14 consecutive years by Money magazine, and was Australia’s fastest growing fund (per Rainmaker) across the Australian wealth management industry in the 12 months to 31 May 2023.
To find out more visit www.latrobefinancial.com.au
Viran Azad +61 437 123 880
Chris Paton +61 421 046 942
La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL to operate the Credit Fund, place RMBS issuances, and provide credit services. To the extent that any statement constitutes financial product advice, that advice is general advice only and has been prepared without considering your objectives, financial situation or needs.
La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 Australian Credit Licence 222213 is the responsible entity of the La Trobe Australian Credit Fund ARSN 088 178 321. It is important for you to consider the Product Disclosure Statement for the Credit Fund in deciding whether to invest, or to continue to invest, in the Credit Fund. You can read the PDS and Target Market Determinations on our website www.latrobefinancial.com, or ask for a copy by calling us on 1800 818 818.
La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence 392385.
+The rating issued 28/09/2023 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2023 Lonsec. All rights reserved.
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