The fund provides investors with exposure to a highly diversified portfolio of real estate mortgage securities and aims to deliver consistently monthly income returns with a focus on capital stability.
"Although the mortgage fund sector has suffered significant damage as a result of extraneous events magnifying faults in many structures and lending practices, Zenith believes that there are still some solid investment opportunities in this space, albeit rare," Zenith senior investment analyst Dugald Higgins said.
"We believe the [La Trobe] fund represents a standout option in this sector as it has avoided the cardinal sins of freezing redemptions and cutting distributions."
