20 October 2014

La Trobe Financial celebrates 62 years in the game

One of Australia’s leading credit specialist fund managers, La Trobe Financial, recently celebrated 62 years in business. A business commenced from humble beginnings after the Second World War and which has seen off many competitors, businesses and economic cycles. It has not only survived but thrived now deploying 133 staff across offices in Melbourne, Traralgon, Sydney and also internationally in Shanghai, China.

Started by Ray O’Neill as a returned soldier after serving in Papua New Guinea during the Second World War, he formed the business with a desire to do more and produce something of lasting value for his country – or as he put it in his book “Job Fever”: a desire to create growth through a business focused on helping ‘others before self’ in the ANZAC tradition – and that business now celebrates 62 years of continuous service to the Australian economy.

According to his son Greg O’Neill, who now after thirty years in the business is President & CEO, La Trobe Financial was incorporated to focus on one thing – to help Australians achieve the goal of financial independence. Sixty-two years later that focus continues whether it be through finance for buying a home, setting up a business or obtaining quality investment grade opportunities.

For over six decades La Trobe Financial has focused on a very important mission of enabling families to obtain access to that very worthwhile goal of ‘financial independence’. The company has done so through affordable investment management and focusing on investment grade assets associated with homeownership. As a group, La Trobe Financial holds a high conviction that real estate is the bedrock for creating better families and better communities; La Trobe Financial truly believes it is a sanctuary, and a central form of wealth creation. Importantly their own experience suggests it is an important economic base from which thousands of businesses, like La Trobe Financial, are launched each year. La Trobe Financial is just one small example of a business that started when its founder borrowed against his first home.

Most research over the years confirms housing produces strong positive multiplier effects in the broader economy, and La Trobe Financial is very proud of its tangible contribution to Australia’s economic prosperity. It has been conservatively estimated that each dollar of the investment boosts economic activity by between $1.00 and $1.60. The International Monetary Fund (IMF) estimates the GDP multiplier from such investment measures as high as $1.80. With La Trobe Financial having managed over $10 billion of investment mandates since 1952, our indirect impact to Australia’s GDP could be the equivalent of an additional $18 billion being created in our economy.

In doing our job we believe we are truly assisting in the creation of safer communities, creating direct and indirect employment, adding to wealth creation opportunities for our countrymen and assisting newly arrived migrants and many other underserved clients obtain access to financial independence” said President and CEO Greg O’Neill.

Mr O’Neill went on to say ... ”Our job is not done. We must push ahead and assist more and more clients who remain underserved by mainstream financial services organisations – not solely for the purpose of benefiting our customers and company but more importantly to make our country a better place”.

Something must be working because the company’s contributions are now also beginning to receive independent recognition following their fifth consecutive Best of the Best Mortgage Fund In Australia Award judged by Money magazine, a 2011 Most Innovative Fund Award at the Melbourne Financial Services Symposium against very impressive international competition, and the 2013 & 2014 IAIR International Funds Management Awards.

All of these accomplishments would not have been possible without individual contributions by our staff.” said Mr O’Neill. "La Trobe Financial’s success story is simple. It stems from hard work and an adherence over 62 years to our four core values – Trust, Excellent Service, Accountability, and Motivated Staff."

At La Trobe Financial, I believe we have one of the best work cultures of any organisation in Australia”, said Mr O’Neill. “This is now being recognised by industry, media, our funders and investors. It simply shines through in the superior customer service we each deliver every day to over 20,000 customers. Our superior service and commitment as a team to truly make a difference by being leaders, innovators, and the best at what we do, rather than followers sets us apart.

We work together as one team on the principle that when staff feel valued they will value customers a whole different way, and we all look forward to celebrating many more birthdays together – staff and customers.


... That's Lending

Best regards,
Cory Bannister, Vice President, Head of Distribution
La Trobe Financial Asset Management Limited

La Trobe Financial is one of Australia's leading independent credit specialist Fund Managers. Its business includes residential mortgages, commercial mortgages, and investment services operating one of Australia's largest Mortgage Funds under AFSL 222213. It employs over 123 staff and has managed over AUD$10Billion covering over 100,000 investment grade assets since inception in 1952.

Copyright 2014 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

The following awards and ratings were given to the Pooled Mortgage Option within the La Trobe Financial Mortgage Fund and may be viewed on our website

Ratings And Awards

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Please Note: This publication is for accredited broker use only and is not for distribution to consumers.

^ Depends on risk grade of Borrower

All loan applications are fully assessed to ensure the loan is not unsuitable and that we meet our responsible lending obligations in accordance with our usual underwriting requirements. All features and interest rates are current as at the date of publication. Conditions, fees and charges apply. 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. 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. The rates of return from the Fund are not guaranteed and are determined by future revenue of the Fund, and may be lower than expected. Investors risk losing some or all of their principal investment. The investment is not a bank deposit.

La Trobe Financial Services Pty Limited - Australian Credit Licence Number: 392385
La Trobe Financial Asset Management Limited - Australian Credit Licence Number: 222213

Terms, conditions, fees, charges and La Trobe Financial lending criteria apply.

1. Zenith's "recommended" rating indicates that it has high confidence in the manager meeting its objectives. The Zenith Investment Partners ("Zenith") ABN 60 332 047 314 rating referred to in this document is limited to "General Advice" (as defined by section 766B of Corporations Act 2001) and based solely on the assessment of the investment merits of the financial product on this basis. It is not a specific recommendation to purchase, sell or hold the relevant product(s), and Zenith advises that individual investors should seek their own independent financial advice before investing in this product. To view the relevant research information, please visit www.latrobefinancial.com The rating is subject to change without notice and Zenith has no obligation to update this document following publication. Zenith usually receives a fee for rating the fund manager and product against accepted criteria considered comprehensive and objective.
2. SQM Research - 4 stars to 4.25 stars - superior, suitable for inclusion on most Approved Product Lists. To view the relevant research information, please visit www.latrobefinancial.com This rating will not take into account your, or your clients' objectives, financial situation or needs. It is up to investors to consider whether specific financial products are suitable for your objectives, financial situation or needs. Research houses receive a fee from La Trobe Financial for rating the product.
3. Lipper Leaders Rating Total Return (Score – 5) Lipper Ratings for Total Return reflect funds’ historical return performance relative to peers. The ratings are subject to change every month. The highest 20% of funds in each peer group are named Lipper Leader or a score of 5 for Total Return. Lipper Leader ratings are not intended to predict future results and does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Thomson Reuters Copyright, All Rights Reserved.
4. Australia Ratings (AFSL 346138) makes every effort to ensure the reliability of the views and rankings expressed in its reports and those published on its websites. Australia Ratings research is based upon information known to it or which was obtained from sources it believed to be reliable and accurate at time of publication. However, like the markets, it is not perfect. This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each rating for their own specific circumstances and realise that not all investments will be appropriate for all subscribers. To the extent permitted by law, Australia Ratings and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Australia Ratings hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.