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  5. La Trobe Classic Notice Account - Managed fund profile

La Trobe Classic Notice Account - Managed Fund

Fund Objective
The Cash & Mortgages Option aims to provide Investors with a reasonably stable and predictable income based on a monthly variable rate of return, investing in loans secured by mortgages, cash, term deposits, bonds issued by a state or federal government or an Australian financial institution, negotiable certificates of deposit and bank bills, retaining higher cash than other Options in the Fund.
Fund Strategy
The Fund aims to provide Investors with a reasonably stable and predictable income based on a monthly variable rate of return, investing in loans secured by mortgages including, in some cases, aged care and reverse mortgage loans, cash, term deposits, bonds issued by a State or Federal Government or an Australian financial institution, negotiable certificates of deposit and bank bills, retaining a higher cash allocation than other Investment Accounts in the Fund.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.43% 1.29% 2.6% 5.26% 4.91% 3.81% 2.78% 3.03%
Growth return 0% 0% 0% 0% 0% 0% 0% 0%
Income return 0.43% 1.29% 2.6% 5.26% 4.91% 3.81% 2.78% 3.03%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.12% 2.23% 4.45% 4.05% 2.94% 1.87% 1.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

La Trobe Classic Notice Account
Cash
9.68%
Fixed Interest
90.32%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.17%
Fixed Interest
73.37%
Australian Equities
0.39%
International Equities
0.05%
Alternatives
0.03%

General Information

Fund Details
Type Description
La Trobe Classic Notice Account
La Trobe Financial Asset Management Ltd
LTC0001AU
Mortgages Aggressive
starstarstarstar (as at 28 Feb 2011)
Investment Fund
16 Jun 1999
$1180.03 million (as at 31 Jul 2024)
$1 (as at 31 Oct 2024)
$1 (as at 31 Oct 2024)
Open
Offer information
Type Description
MER 2.69% (as at 21 Dec 2023)
Indirect Cost Ratio (ICR) 2.69% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the La Trobe Classic Notice Account

The objective of the La Trobe Classic Notice Account managed fund is The Cash & Mortgages Option aims to provide Investors with a reasonably stable and predictable income based on a monthly variable rate of return, investing in loans secured by mortgages, cash, term deposits, bonds issued by a state or federal government or an Australian financial institution, negotiable certificates of deposit and bank bills, retaining higher cash than other Options in the Fund.

The strategy of the La Trobe Classic Notice Account managed fund is The Fund aims to provide Investors with a reasonably stable and predictable income based on a monthly variable rate of return, investing in loans secured by mortgages including, in some cases, aged care and reverse mortgage loans, cash, term deposits, bonds issued by a State or Federal Government or an Australian financial institution, negotiable certificates of deposit and bank bills, retaining a higher cash allocation than other Investment Accounts in the Fund.

The APIR code of the La Trobe Classic Notice Account managed fund is LTC0001AU.

La Trobe Classic Notice Account’s total return last month was 0.43%. This was made up of a growth return of 0% and an income return of 0.43%. These returns were calculated as at 31 Oct 2024.

La Trobe Classic Notice Account’s total return for the last three months was 1.29%. This was made up of a growth return of 0% and an income return of 1.29%%. These returns were calculated as at 31 Oct 2024.

La Trobe Classic Notice Account’s one-year total return is 5.26%. This was made up of a growth return of 0% and an income return of 5.26%. These returns were calculated as at 31 Oct 2024.

La Trobe Classic Notice Account’s one-year total return is 3.81%. This was made up of a growth return of 0% and an income return of 3.81%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the La Trobe Classic Notice Account managed fund is :

Cash
9.68%
Fixed Interest
90.32%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the La Trobe Classic Notice Account managed fund is La Trobe Financial Asset Management Ltd.

The La Trobe Classic Notice Account managed fund belongs to the Mortgages Aggressive sector/asset class.

As at 31 Jul 2024, the size of the La Trobe Classic Notice Account managed fund was $1180.03 million.

The La Trobe Classic Notice Account managed fund has an inception date of 16 Jun 1999.

The current entry price of the La Trobe Classic Notice Account managed fund is $1 per unit and the current exit price is $1 per unit (as at 31 Oct 2024).

The current exit price of the La Trobe Classic Notice Account managed fund is $1 per unit and the current entry price is $1 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the La Trobe Classic Notice Account managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.