La Trobe Financial’s 12 Month Term Account has been judged Australia’s “Best Credit Fund – Mortgages”, for the 14th consecutive time in Money magazine’s prestigious 2023 ‘Best of the Best Awards.’
Money magazine’s Best of the Best awards are Australia’s best regarded consumer finance awards. Winners are selected by a panel of expert, independent judges following a thorough assessment of the best offerings in each sector.
Chief Investment Officer Chris Paton accepted the award on behalf of La Trobe Financial, commenting: “We’re honoured that our 12 Month Term Account has been recognised as Australia’s Best Credit Fund – Mortgages for the 14th consecutive year. To receive this accolade and continue to be recognised as Australia’s best is a testament to our impeccable track record of delivering low-volatility, consistent monthly returns for each of our investors in our portfolio accounts.
We have long spoken about the importance of diversification and it is through sound investment strategies, deliberately conservative settings within our portfolios and an incredible team that we have been able to help insulate and protect our investors during these times of market volatility and stress.”
In the managed funds category, Money are aware that investors are looking for a balance of strong investment returns, investment risk management and capital protection. This multi-phase process required judges to identify factors including the variability in performance month to month, how performance compared with the market and peers, and which funds achieved the highest returns per unit of risk. This review was done over the short, medium and long term to June 30, 2022.
In announcing La Trobe Financial’s landmark achievement, Money reported that: “Investors in La Trobe Financial’s credit fund have benefited from the group’s consistent returns and its 30 years of operation since 1989. The fund has pulled $8.5 billion in assets from more than 82,000 investors around the country and overseas.
A study of the fund’s 12 Month Term Account in the past two decades shows it did what it said on the tin, faring better than cash and fixed interest, but no more than equities.”
La Trobe Financial’s Chief Executive Officer, Chris Andrews, commented “This win – our fourteenth in a row – is just as pleasing as was our first back in 2009. The La Trobe Financial team is as committed and determined as ever to put our investors at the heart of everything that we do. That’s been our way since 1952 and this latest award is a reminder that our disciplines continue to perform for investors.”