PRLog - Dec. 5, 2014 - MELBOURNE, Australia -- Today, it was announced that La Trobe Financial’s Pooled Mortgages Option (“the Fund”) was judged the Best Mortgage Fund in Australia by the personal finance journal Money magazine. No other mortgage fund in Australia has achieved such an accomplishment.
The objective of the Fund has long been to provide investors with a choice of capital-stable, reliable income generating investment options. The Fund’s continued performance in times of low interest rates continues to attract attention across the market.
One of the award judges for Money magazine, Louis Christopher commented, "Contrary to many of its peers within the mortgage sector, the fund has remained open and has fulfilled all maturity redemption requests since its inception."
La Trobe Financial’s Chief Investment Officer, Randal Williams commented, "We are delighted to receive our sixth consecutive ‘Best of the Best’ award. It is a vindication of a focused business strategy that has been developed over a period of more than sixty years."
He further added, "La Trobe Financial’s driving principle is that it is far more important to be solid than to be big. We have adopted this philosophy in managing over $10 billion for institutional investors without loss since 1952 and have applied it with equal force to our retail offerings."
Chris Andrews, La Trobe Financial’s Head of Funds Management stated, "Our strong organisational history of success was an important contributing factor in the Fund’s sustained performance. Our role as a Fund Manager is not to be 'all things to all people' but to be clearly focused and to remain committed to our investment philosophy. Our team is driven by the need for consistency and repeatability of performance."
Only a few weeks ago the Fund won the prestigious International Finance Magazine Awards (IFM Awards) for Best Investment Management Company Australia and Best Mortgage Fund Australasia. The IFM Awards represent the highest standards of innovation and performance. These include path-breaking initiatives in corporate responsibility, better governance and other achievements that impact the global finance community.
The Fund is independently rated by Australia Ratings, Zenith, SQM Research and Lonsec. In February 2014 the Fund was also recognised on an international platform having won International Alternative Investment Review (IAIR) Awards for Excellence in Mortgage Fund Management Australia.
La Trobe Financial will be making further announcements shortly.
Visit http://www.latrobefinancial.com.au for more information.
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Fund Manager Receives Sixth Consecutive National Award
December 05, 2014 at 02:05 AM EST
