Our 90 Day Notice Account invests in mortgage assets, Australian cash and other credit instruments.
The 90 Day Notice Account offers competitive variable rates of return reviewed monthly, monthly interest payments and access to your funds generally on 90 days of written withdrawal notice.
We will make every endeavour to provide you with access to your funds 90 days after receiving your redemption request. We however have 12 months under the Fund’s Constitution to honour that request. In determining whether to honour your redemption request within 90 days we have to have regard to the Fund’s cash position and the best interests of all investors. There is a risk that a redemption request will not be honoured within 90 days. However, there has never been a case in the history of the Fund when we have not honoured a redemption request on time due to a lack of liquidity.
As one of Australia’s leading diversified asset managers, we are uniquely positioned to make an impact when implementing our ESG initiatives across our business.
Read more about our ESG commitment and how we are making an impact.
*The rates of return on your investment are current at 1 December 2023, determined monthly, may change, not guaranteed (may be lower than expected) and applicable rate paid at start of the following month. Credit Fund investment is not a bank deposit & investors risk losing their principal investment. Withdrawal rights are subject to liquidity and may be delayed / suspended. Before deciding to invest, you should consider the PDS from the issuer La Trobe Financial Asset Management Limited AFSL 222213. You can read the PDS and the Target Market Determinations on our website or ask for a copy by calling us on 13 80 10.
Quick Facts
as at 31 October 2023
Access to funds
90 days #
Entry/exit fees
Nil
Min. investment
$10.00
Account Size
$294.7m
Cash & Liquid Investments
$25.8m
Credit Assets
n/a
Mortgages
$269.0m
No of Mortgages
423
Average LVR (%)
75.3%
No of Investors
2,349
Average Investment
$0.6m
Largest Investment
$7.9m
Fixed Rate Exposure
8.8%
Variable Rate Exposure
91.2%
Arrears (>90 days)
2.7%
Mortgage to Cash Ratio
91:9
Official Cash Rate +100 Basis Points Benchmark (1 Year)
4.63%
Historical Outperformance (1 Year)
+0.14%
Historical Performance
Return
Benchmark
Performance
1 month
0.44%
0.43%
+0.01%
3 months
1.32%
1.28%
+0.04%
6 months
2.55%
2.51%
+0.04%
1 year
4.77%
4.63%
+0.14%
3 years p.a.
3.05%
2.45%
+0.60%
5 years p.a.
n/a
n/a
n/a
Maturity Tenure
Amount
Percent
0-6 months
$18.3m
6.8%
7-12 months
$3.9m
1.4%
1-3 years
$16.9m
6.3%
3-5 years
$0.8m
0.3%
5+ years
$229.2m
85.2%
Past performance is not a reliable indicator of future performance.
Numbers are rounded for reporting purposes, so where sum of the numbers is immaterially different from the total, it is acknowledged that this is due to report rounding.
Please note: An investment in the La Trobe Australian Credit Fund is not a bank deposit.
*The rates of return on your investment are current at 1 December 2023. The rates of return are reviewed and determined monthly and may increase or decrease each month. The rate of return applicable for any given month is paid at the start of the following month. The rates of return are not guaranteed and are determined by the future revenue of the Credit Fund and may be lower than expected.
An investment in the Credit Fund is not a bank deposit, and investors risk losing some or all of their principal investment. Past performance is not a reliable indicator of future performance. Withdrawal rights are subject to liquidity and may be delayed or suspended.
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 or ask for a copy by calling us on 13 80 10.
#We will make every endeavour to release your funds 2 business days for the Classic Notice Account, 90 days for the 90 Day Notice Account and 180 days for the 6 Month Notice Account, after receiving your redemption request. We however have 12 months under the Fund’s Constitution to honour that request. In determining whether to honour your redemption request within 2 business days for the Classic Notice Account, 90 days for the 90 Day Notice Account or 180 days for the 6 Month Notice Account we have to have regard to the Fund’s cash position and the best interests of all investors. There is a risk that a redemption request will not be honoured within 2 business days, 90 days or 180 days. However, there has never been a case in the history of the Fund when we have not honoured a redemption request on time due to a lack of liquidity.
**We provide this risk classification as a guide and it describes the risk based on the investment strategy of the investment account and underlying asset base. In assessing the risks of each investment account, we have had reference to the categories of risk described in the Standard Risk Measure Guidance Paper for Trustees issued jointly by the Financial Services Council (of which we are a member) and the Association of Superannuation Funds of Australia dated July 2011.
To the extent that any statement on this website constitutes financial product advice, that advice is general advice only and has been prepared without considering your objectives, financial situation or needs. You should, before deciding to acquire or to continue to hold an interest in the La Trobe Australian Credit Fund, consider the appropriateness of the advice having regard to your objectives, financial situation or needs and obtain and consider the Product Disclosure Statement for the Fund.
When considering whether to acquire or to continue to hold an interest in the Fund, you should remember that (1) an investment in the Fund is not a bank deposit or a term deposit, and is not covered by the Australian Government’s deposit guarantee scheme. Investing in the Fund has a higher level of risk compared to investing in a term deposit issued by a bank and (2) there are other risks associated with an investment in the Fund. The key risks of investing in the Fund are explained in section 9 of the PDS.
Please refer to the Investor Disclaimers page for full disclaimers.
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Learn MoreDownload and fill in the following forms, once you have returned them to us (by post or email) we will be in touch to discuss.
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