10 December 2009
LA TROBE'S POOLED MORTGAGES OPTION WINS 'BEST MORTGAGE FUND'
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:
- Top Mortgage Fund (our Pooled Mortgages Option); and
- 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.
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
The Pooled Mortgages Option - a consistent winner for investors
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.
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.
> About Us
> PDS - Want to invest?
> Subscribe Free
> Independent Ratings
> Mortgage Shopping List
Head of Funds Management
t +61 3 8610 2811
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