Powered by MOMENTUM MEDIA
subscribe to our newsletter
Non-bank awarded for strong performance

Non-bank awarded for strong performance

La Trobe Financial has received its eighth consecutive award for Best Mortgage Fund in Australia with its 12-month term account.

The Money Magazine honour was awarded to the non-bank for its strong track record of performance.

“For the La Trobe Financial team, our eighth consecutive ‘best of the best’ award is a further vindication of a business strategy that has been six decades in the making. We remain committed to the same principles that have always driven us,” La Trobe Financial’s chief investment officer, Chris Andrews, said.

“Our proudest achievement is that we have never lost a cent of capital for any of the investors in our 12-month term account,” Mr Andrew said.

“This is largely due to the strength of our experienced management team and a rigorous adherence to our tested and proven investment philosophy. Most importantly, we understand the importance of the trust that our investors place in us. We look forward to delivering market-leading returns for many years to come.”

La Trobe’s 12-month term account is intended to provide investors with regular income streams, coupled with low to medium levels of risk. It outperforms the Bloomberg AusBond Bank Bill Index by 1.50 per cent.

[Related: Specialist lender signs sports sponsorship deal]

Non-bank awarded for strong performance
mortgagebusiness

Latest News

The group executive of a big four bank’s Australian division has resigned from his role.   ...

The decline in the banks’ risk appetite has been highlighted by the latest statistics from APRA, with low-deposit, low-doc and interest-on...

Australians increasingly favour “freedom” and “flexibility” over the traditional dream of homeownership, according to new research. ...

FROM THE WEB
podcast

LATEST PODCAST: Changing faces and bank growth slowdown

Is enough being done to ensure responsible lending?