The RBA’s overnight cash rate target remained unchanged at 4.35% in November. 3-month BBSW added 1bp to 4.43% while 6-month BBSW finished the month 2bps higher at 4.66%. Cash futures contracts at the end of the month implied the actual cash rate is likely to be cut once by June 2025 and possibly twice by November 2025.
| FUND NAME | 1m (%) | 3m (%) | 6m (%) | 1y (%) | 3y (%) | 5y (%) |
|---|---|---|---|---|---|---|
| La Trobe Australian Mortgage- 12 Month Term | 0.55 | 1.68 | 3.38 | 6.93 | 5.81 | 5.32 |
| La Trobe Australian Mortgage -Classic | 0.41 | 1.28 | 2.62 | 5.26 | 3.93 | 2.83 |
| La Trobe Australian Mortgage - Select | 0.71 | 2.16 | 4.39 | 9.02 | 8.33 | 8.11 |
*End of November 2024. Return in AUD after fees.