29 September 2022

Ten consecutive years of La Trobe Financial’s 12 Month Term Account being rated “Recommended” by leading rating agency, Lonsec

The $15 billion La Trobe Financial Group has today announced that leading independent fund rating agency Lonsec has affirmed its ‘Recommended’ rating of the 12 Month Term Account, the flagship offering within the La Trobe Australian Credit Fund.

This marks the tenth consecutive “Recommended” rating that the 12 Month Term Account has received from Lonsec, and is a testament to the resilience and longevity in performance of the offering, and its ability to generate risk adjusted-returns across the economic cycle.

Lonsec is one of Australia’s leading research houses. Its team of specialist fund analysts provide financial product ratings and market insights to assist the financial advice industry to deliver well informed and quality advice to their clients. In particular, their clients value the independent scrutiny that they bring to investment strategies across asset classes.

In the comprehensive research report accompanying the rating, Lonsec highlighted in particular La Trobe Financial’s:

  • structured and robust credit approval processes executed by a well-regarded team;
  • portfolio fundamentals embedded within the 12 Month Term Account, which can be effective in managing the illiquid nature of the underlying asset class;
  • approach to the construction and management of its portfolios, highlighted by its conservative maximum loan-to-value ratio of 75%; and
  • navigation of the COVID-19 induced market turmoil, with its flawless liquidity maintained throughout.

Chris Paton, La Trobe Financial’s Chief Investment Officer, commented:

“In periods of economic volatility, the underlying strength of any investment strategy is magnified. Now in its 20th year, the strength of our flagship 12 Month Term Account strategy is evidenced by its longevity in continuing to provide investors low-volatility income across all economic cycles. Achieving a tenth consecutive “Recommended” rating is pleasing, and a testament to the rigor and discipline which goes into building flawless conduct across the strategy’s 20 year history.

We remain committed to the highest standards of credit and investment discipline, and deeply value the reservoir of trust our 80,000 investors have placed in us as the stewards of their capital. This ongoing endorsement from Lonsec, one of Australia’s leading research houses, recognises the resilience and expertise of our credit approval process, our large and experienced team, and our unbroken seven-decade experience as an asset class specialist.”

La Trobe Financial’s Head of Fund Portfolio Management, Sandy Singh, added:

“Achieving repeated ‘Recommended’ ratings for the 12 Month Term Account is something we’re all immensely proud of. Actively conservative portfolio settings provide downside protection for investors and underpin our philosophy as cautious stewards of investor capital.”

About La Trobe Financial

Established in 1952 and with $15 billion of assets under management, La Trobe Financial is one of Australia’s oldest credit asset managers, specialising in credit investment solutions and real estate finance. La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors for seven decades, operating Australia’s largest retail Credit Fund with over $8 billion in assets under management and 80,000 retail investors. La Trobe Financial has 6,000 distribution points across its two divisional arms – Wealth products are distributed through 2,500 advice practices; and real estate credit finance is distributed through 4,800 brokers. La Trobe Financial employs over 450 staff over 4 offices.

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.

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.

Any rating of the Credit Fund is only one factor to be taken into account in deciding to invest in the Credit Fund.

To view our ratings and awards please visit our Awards and Ratings page on our website.

The Lonsec Rating (assigned 16 September 2022) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold La Trobe Financial’s product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

For further information regarding Lonsec’s Ratings methodology, please refer to the website at: https://www.lonsec.com.au/importantdocuments

For further details please visit our website www.latrobefinancial.com

Media enquires:

Chris Paton, Chief Investment Officer +61 421 046 942