10 December 2009

Dear Investor,


In March of this year, we were pleased to announce that Australia's pre-eminent financial journal, the Australian Financial Review, in its specialist investment magazine Smart Investor, had recognised La Trobe as having Australia's:

  1. Top Mortgage Fund (our Pooled Mortgages Option); and
  2. Top Cash Management Account (our Cash and Mortgages Option).

This followed the announcement in December last year that the popular and respected Money Magazine had awarded La Trobe 2nd in its 'Best Mortgage Fund' category, and 3rd in its 'Best Cash Management Trust' category (again, for the Pooled Mortgages Option and Cash & Mortgages Option respectively).

We are proud to announce that Money Magazine has now awarded La Trobe's Pooled Mortgages Option gold for having the 'Best Mortgage Fund' in Australia.

Award Table

Click image to enlarge

We are extremely happy to receive this latest award and are especially pleased that our performance is being consistently judged by independent experts as the best in Australia for investors year after year. It is doubly pleasing to receive these awards in difficult economic times. We believe that the awards are testament to the strength of our investment and management model and evidence of our reliability as an investment manager.

La Trobe's 55 year history of managing mortgages is based on consistently outperforming our often bigger-named competitors. We are pleased that this proud tradition is continuing.

The Pooled Mortgages Option - a consistent winner for investors

Stable Returns

Our Pooled Mortgages Option (currently paying 7.35%) has outperformed even the elite of our competition for Best Mortgage Fund whether you look at one year or three year investment periods1.

This reflects our commitment to our investors and the consistent performance generated by our internally managed asset pool. It also compares very favourably with the volatility experienced by investors in the equity markets.

Liquidity - no frozen redemptions

Unlike most other Mortgage Funds, our Pooled Mortgages Option has never frozen or restricted redemptions. We have met all redemption requests on time and in accordance with the requirements of the Fund. We continue to monitor liquidity daily.

Independent reviews

The Pooled Mortgages Option has also been reviewed by Standard and Poor's (3 star rating out of 5 - investment grade), Adviser Edge for van Eyk (3 and a quarter star rating out of 5) and Property Investment Research (AA-).

Morningstar research has awarded the Pooled Mortgages option a 5 star (out of 5 - the highest rating available) performance rating for its performance over the last 3 years.

You can access the independent research reports from Adviser Edge, Standard and Poor's or Property Investment Research from our website or call our Investor Liaison desk 1800 818 818 to request a copy of the reports.

The awards are featured in Money Magazine's latest release (December 2009 - January 2010) available now.

Best regards,
Chris Andrews


> Home
> About Us
> PDS - Want to invest?
> FAQs
> Subscribe Free
> Independent Ratings
> Mortgage Shopping List

Chris Andrews
Head of Funds Management

t  +61 3 8610 2811
e  candrews@latrobefinancial.com.au

Chris Andrews is the Head of Funds Management for the La Trobe Group and has responsibility for the La Trobe Australian Mortgage Fund.
Read full profile here.

La Trobe is one of Australia's leading independent specialist mortgage Financiers. Its business includes residential mortgages, commercial mortgages, and investment services operating one of Australia's largest Mortgage Funds under AFSL 222213. It employs over 115 staff and has raised over AUD$10Billion to assist over 100,000 customers since inception in 1952.

Copyright 2010 La Trobe Financial. All rights reserved. No portion of this may be reproduced, copied, or in any way reused without written permission from La Trobe Financial. Disclaimer

* La Trobe Financial Asset Management Limited ABN: 27 007 332 363 and AFSL No: 222213 is the issuer and manager of the La Trobe Australian Mortgage Fund. It is important for you to read the Product Disclosure Statement for the Fund before you make any investment decision. You can get a copy of the PDS by calling 1800 818 818. You should consider carefully whether or not investing in the Fund is appropriate for you.
(1) The rates of return from the Fund are not guaranteed and are determined by future revenue of the Fund, and may achieve lower than expected returns. Past performance is no guarantee of future performance. Investors risk losing some or all of their principal investment.
(2) Withdrawal rights are subject to liquidity and may be delayed or suspended.
(3) As at 30/11/10 the La Trobe Australian Mortgage Fund had received a Morningstar RatingTM of 5 stars. The Morningstar Rating is an assessment of a fund's past performance - based on both return and risk - which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. © 2010 Morningstar, Inc. All rights reserved. Neither Morningstar, nor its affiliates nor their content providers guarantee the above data or content to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant product disclosure statement, before making any decision. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.pdf
(4) 3.75 star rating out of a possible 5 star rating indicates that Adviser Edge believes that La Trobe has performed in line with its peers and exceeded its peers on some fronts.
(5) The Standard and Poors rating of 4 out of 5 stars indicates that S + P has high conviction that La Trobe Financial will consistently generate risk-adjusted fund returns in excess of its relevant investment objectives and relative to its peers.
(6) The award was given to the La Trobe Australian Mortgage Fund, Pooled Mortgages Option.
Research Ratings are subject to change. To view the latest research information please visit www.adviseredge.com.au or www.standardandpoors.com.au. Ratings issued by Adviser Edge Investment Research AFS Licence No. 236783 and Standard & Poors Information Services (Australia) Pty Ltd AFS Licence No. 258896 are solely statements of opinion and not statements of fact or recommendations to purchase, hold, or sell any securities or make any other investment decisions. The ratings are only one factor to be taken into account in deciding to invest. Research Houses receive a fee from La Trobe for rating the product. The Adviser Edge rating is generally a measure of the rated entity's capacity to meet its repayment obligations in all market circumstances.
IMPORTANT: This message, together with the La Trobe Financial website (www.latrobefinancial.com.au) and all its contents have been prepared for general information only and should not be taken as legal or financial advice, and as such the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before acting on any information present on this message or the La Trobe website.