Money magazine has named specialist lender La Trobe Financial the Best Mortgage Fund in Australia for its pooled mortgages option.

“Contrary to many of its peers within the mortgage sector, the fund has remained open and has fulfilled all maturity redemption requests since its inception,” said Louis Christopher, one of the award’s judges.

Meanwhile, La Trobe Financial’s chief investment officer Randal Williams said “we are delighted to receive our sixth consecutive ‘Best of the Best’ award. It is a vindication of a focused business strategy that has been developed over a period of more than 60 years.”

The lender also recently won the International Finance Magazine Awards for Best Investment Management Company Australia and Best Mortgage Fund Australasia.