La Trobe Financial’s 12 Month Term Account given ‘Recommended’ rating by Lonsec

La Trobe Financial, Australia’s leading alternative asset manager, has announced that leading independent rating agency Lonsec has affirmed its ‘Recommended’ rating of the flagship 12 Month Term Account of the La Trobe Australian Credit Fund+.

This marks the twelfth consecutive ‘Recommended’ rating that the 12 Month Term Account has received from Lonsec, a testament to the resilience and longevity in performance of the offering, and its ability to generate risk adjusted-returns across the economic cycle.

The 12 Month Term Account, Australia’s fastest growing fund in the twelve months to 31 May 2023, has delivered impeccable performance for investors since inception. A history of performance recognised by Lonsec, who highlighted the 12 Month Term Account’s “relatively conservative loan-to-value ratio and [that it] has yet to register a negative monthly return”.

In the research report Lonsec also reiterated their “conviction in [La Trobe Financial’s] credit approval process and large and experienced team”, recognising that the portfolio fundamentals embedded within the 12 Month Term Account are effective in managing the illiquid nature of the underlying asset class.

Chris Paton, La Trobe Financial’s Chief Investment Officer commented “we are proud to once again be recognised by Lonsec for the outstanding performance of our flagship 12 Month Term Account. We remain committed to the highest standards of investment discipline and portfolio construction, and deeply value the reservoir of trust our 93,000 investors have placed in us as the stewards of their capital. This ongoing endorsement from Lonsec is a testament to the underlying fund quality, our commitment to our investment fundamentals and the value it generates”.