The RBA’s overnight cash rate target remained unchanged at 4.35% in October. 3-month BBSW declined 1bp to 4.42% while 6-month BBSW finished the month 2bps higher at 4.64%. Cash futures contracts at the end of the month implied the actual cash rate is likely to be cut once by May 2025 and possibly twice by November 2025.
| FUND NAME | 1m (%) | 3m (%) | 6m (%) | 1y (%) | 3y (%) | 5y (%) |
|---|---|---|---|---|---|---|
| La Trobe Australian Mortgage- 12 Month Term | 0.56 | 1.67 | 3.40 | 6.90 | 5.73 | 5.29 |
| La Trobe Australian Mortgage -Classic | 0.43 | 1.32 | 2.62 | 5.26 | 3.81 | 2.78 |
| La Trobe Australian Mortgage - Select | 0.72 | 2.16 | 4.40 | 9.03 | 8.28 | 8.10 |
*End of October 2024. Return in AUD after fees.