Each month, La Trobe Financial produces a series of short videos. Watch now to stay up to date with our business, our portfolios and what we are seeing in the economy. This month, we provide an update on our portfolio performance, and share our current thinking on the property market and economy.

Business & Portfolio Update: Chris Paton, Chief Investment Officer

Our investment portfolios remain in excellent health, supporting delivery of low-volatility income for investors. This month, we investigate:

  • From 1 November 2023, the distribution rates of our 12 Month Term Account and 2 Year Accounts will increase by 20 basis points.
  • Our average borrower credit scores recently surpassed the Big 4 banks.
  • Credit Fund arrears fell in September 2023 to conclude the month at 3.6%, well within our historic arrears band.

Economic Update: Michael Watson, Head of Distribution

The economic landscape continues to shift as we navigate the narrow path to economic recovery. In this month’s webinar, we discuss:

  • Geopolitical risks continue to drive economic volatility, with oil prices front-and-centre.
  • Current inflation numbers gives no comfort the RBA has finished hiking rates.
  • Borrowers continue to demonstrate resilience, and new mortgage credit quality is strong.


Property Market Update: Lilian Chin, Director of Client Partnerships

The property market continues to defy, with positive monthly growth across major markets still present. In this month’s webinar, we outline:

  • How a surge in population is driving demand, and keeping stock-on-market low.
  • Distressed sales numbers are falling, demonstrating underlying market resilience.
  • Underbuilding of new stock will maintain an environment supportive of stable prices.

The rates of return on your investment will be effective from 1 November 2023. The rates of return are reviewed and determined monthly and may increase or decrease each month. The applicable distribution 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 the Target Market Determinations on our website or ask for a copy by calling us on 13 80 10.

La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence 392385.

To the extent that any statement in this article 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.

© 2023 La Trobe Financial Services Pty Limited. All rights reserved. No portion of this may be reproduced, copied, or in any way reused without written permission from La Trobe Financial.

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