The RBA’s overnight cash rate target remained unchanged at 4.35% in August. 3-month BBSW fell 10bps to 4.39% while 6-month BBSW finished the month 25bps lower at 4.53%. Cash futures contracts at the end of the month implied the actual cash rate is likely to be cut once by February 2025. The actual cash rate at the end of August was 4.34%.
| FUND NAME | 1m (%) | 3m (%) | 6m (%) | 1y (%) | 3y (%) | 5y (%) |
|---|---|---|---|---|---|---|
| La Trobe Australian Mortgage- 12 Month Term | 0.54 | 1.67 | 3.41 | 6.81 | 5.59 | 5.24 |
| La Trobe Australian Mortgage -Classic | 0.45 | 1.33 | 2.89 | 5.22 | 3.56 | 2.69 |
| La Trobe Australian Mortgage - Select | 0.71 | 2.19 | 4.43 | 9.04 | 8.19 | 8.07 |
*End of August 2024. Return in AUD after fees.