At $10 billion in assets under management, milestones for our La Trobe Australian Credit Fund haven’t come any bigger. Comprising seven investment accounts, the Credit Fund provides a range of return and liquidity profiles for investors.
Having almost 100,000 customers+ placing investments into our Credit Fund makes us among the largest asset managers in Australia, and cements our position as Australia’s leading alternative asset manager.
It’s a journey that our investors have been on with us for many, many years. To this day, we have active investors who opened their accounts way back in the 1990s – a serious and generational partnership of asset management. But it’s not just everyday Australians investing in the fund. We hold investments from a range of institutional investors, and about 1 in 5 Australian financial advisers have an active investment placed into one of our strategies, either directly, or across 54 of Australia’s investment platforms.
When you look underneath the hood, you’ll see another reason why investors choose our products. Our investment fundamentals have been developed and refined over many years and remain the benchmark for diversification and transparency. Our monthly portfolio snapshot provides hundreds of datapoints of information to give you an insight into what makes the fund ‘tick’.
Perhaps what we are most proud of as a business is the impeccable performance we have delivered to our portfolio account investors for more than three decades. Three decades of delivering on our investment objectives for investors, providing low volatility income at all points along the economic cycle, with no investor ever having lost a cent of invested capital.
Its generational performance, recognised by investors who continue to vote with their feet and the market more broadly. Recently Our 12 Month Term Account, for example, obtained its fifteenth consecutive award for ‘Best Credit Fund – Mortgages’ from Money magazine. A significant milestone in its own right and evidence of the longevity and consistency of our strategies.
That’s looking out for you.
New website
Another recent milestone is the launch of our new corporate website. This may seem like a small update, but having taken onboard your feedback, we are proud to deliver for our customers and partners a cleaner, faster online experience. Located at www.latrobefinancial.com.au, it still provides access to your investor account via La Trobe Direct, and offers a printable PDF guide to help you navigate the new website.
La Trobe Global Asset Management
Finally, our rich history, our commitment to placing the customer at the heart of everything we do, and the continued growth of our in-house strategies has lead us to launching our global asset management strategy in late 2023. Our Global Asset Management strategy is aimed at bringing the best of the world to Australian investors.
Our debut strategy, La Trobe US Private Credit, was launched to market in late 2023 in partnership with Morgan Stanley. With almost $150m in assets under management, the product has provided wholesale investors with monthly returns in line with our target since inception.
We look forward to what 2024 will bring, and wish you a prosperous year ahead.
*The rates of return on your investment will be effective from 1 February 2024. 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.
#We will make every endeavour to release your funds after receiving your withdrawal request: 2 business days for the Classic Notice Account, 90 days for the 90 Day Notice Account, and 180 days for the 6 Month Notice Account. However, we have 12-months under the Fund’s Constitution to fulfil the request. When determining whether to honour your withdrawal within the specified timeframes we have to have regard to the Fund’s ability to realise for value the relevant assets and the best interests of investors. While there is a risk of not honouring your withdrawal request within 2 business days, 90 days or 180 days, it’s important to note that there has never been a case in the history of the Fund when we have not honoured a withdrawal request on time due to a lack of liquidity.
^ The offer to apply for Class A Units in the La Trobe US Private Credit Trust is open to wholesale investors only. Investors applying to invest less than $500,000 will need to produce an accountant’s certificate to support their wholesale status. For more information, please refer to the Application Form (Annexure 2 to the Information Memorandum).
+Total investors is calculated by adding all individual & joint investors (which includes some investors with a current zero balance in their account) to reasonable estimates of investors investing via platform, trusts or SMSFs.
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.
© 2024 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.