La Trobe Financial has been awarded winner of Australia’s Best Mortgage Fund in Money magazine’s ‘Best of the Best 2010′ Awards.

The La Trobe Mortgage Fund is particularly pleased to be recognised as Australia’s Best Mortgage Fund in a year when conditions severely tested the veracity of all mortgage fund models.

Chief Executive Officer, Greg O’Neill said, “We are very satisfied with the win following last year’s second place. A fundamental objective of a mortgage investment is to perform soundly and predictably in both good and hard times. Our Fund has done just that.

La Trobe is evidence that the widespread ‘freezing’ of Australian fund investors did not need to happen, and in fact reflects questionable design decisions by other mortgage funds.”

Mr Paul Wells, Head of Funding & Strategy at La Trobe said, “Clearly our Fund liquidity has proven its performance. The other important indicator in 2009 was the increase in our investment return’s ongoing outperformance over competitors and alternate investments. This reflects the long term stability of our historic monthly returns between 7% and 8% per annum, whilst others have dropped away with the cash rate.”

La Trobe has almost 60 years experience in mortgage funds, and a history of having lent over $10 billion to over 100,000 individuals cumulatively. The La Trobe Australian Mortgage Fund Pooled Mortgages Option is independently rated 3 stars by Standard & Poors and 31/4 stars by Adviser Edge.