Investors can be driven by a range of motives. Perhaps it is building wealth off a low base. Perhaps it is growing an existing portfolio. Perhaps it is investing to meet the lifestyle requirements of a dignified retirement. No matter what your goal, some simple steps make the task much easier. Invest into the right assets. Ensure you have the right structures around such matters as taxation, pensions, and estate planning. Surround yourself with the right people to assist you in reaching your goals.
Success in managing investments likewise ought to be simple: the right assets, the right structures, and the right people. Look for asset managers that avoid complex structures, assets and language.
At La Trobe Financial we are pleased to announce the further increase to the investment rates of our portfolio accounts effective from 1 July 2023. This is the result of our dedication to strong investment fundamentals, and never losing sight of the trust you have in us to be careful custodians of your wealth.
| Account | Current Rate | New Rate |
| Classic Notice | 4.70%*# | 4.95%*# |
| 90 Day Notice | 5.00%*# | 5.25%*# |
| 6 Month Notice | 5.25%*# | 5.50%*# |
| 12 Month | 6.00%* | 6.25%* |
| 2 Year | 6.10%* | 6.35%* |
| 4 Year | 7.50%* | 8.00%* |
Movements in the official cash rate, careful portfolio management and improvements in portfolio earnings see us meeting the aim of sustainably generating portfolio income, to begin the new financial year with a bang. We are pleased to deliver this rate increase for our 93,000 investors. Meeting the needs of our investors with low-volatility, consistent monthly variable income remains our central objective.
We thank you for your ongoing support.
*The rates of return on your investment will be effective from 1 July 2023. 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 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, after receiving your redemption request. We however have 12 months under the Fund’s Constitution to honour that request. In determining whether to honour your redemption request within 2 business days for the Classic Notice Account, 90 days for the 90 Day Notice Account or 180 days for the 6 Month Notice Account we have to have regard to the Fund’s cash position and the best interests of all investors. There is a risk that a redemption request will not be honoured within 2 business days, 90 days or 180 days. However, there has never been a case in the history of the Fund when we have not honoured a redemption request on time due to a lack of liquidity.
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.
© 2023 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.