La Trobe Private Credit Fund · ASX:LF1
La Trobe Private Credit Fund — Investor Presentation (July 2026)
23 slides from La Trobe Private Credit Fund's investor presentation, Jul 20, 2026
Slide 1: La Trobe Private Credit Fund (ASX: LF1) Webinar Update
For personal use only La Trobe Private Credit Fund (ASX: LF1) Webinar Update 21 July 2026 13 13 57 | latrobefinancial.com.au
Slide 2: Introduction to La Trobe Financial
Introduction to La Trobe Financial La Trobe Financial has been managing investment mandates for investors since 1952. We provide high-quality investments focused on Australia’s wealthy and rapidly growing pre and post retirement investor cohorts. We form decade-long customer relationships through pe
Slide 3: LF1 Constructed with Two Flagship Strategies
Constructed LF1 withwith Constructed TwoTwo Flagship Strategies Flagship Strategies La Trobe Australian Credit Fund US Private Credit Fund For personal use only Class A Wholesale 12 Month Investment Account 6.75 %*# p.a. 7.50 %†‡ p.a. Annualised target distribution yield, net of fees and costs curre
Slide 4: Experienced Leadership Team
Experienced Leadership Team Chris Paton Contents For personal use only Chief Investment Officer Chris is a well-recognised financial services executive and is a thought leader and regular La Trobe US Private Credit Fund 10 commentator in the asset management industry. He leads Australia’s fastest gr
Slide 5: Our Not So Secret to Success
Not-So Our Not So Secret to Success Our history of strong performance^ and the delivery of low-volatility income is driven by our commitment to our investment fundamentals. For personal use only Quality Assets Focussing on high-quality borrowers that meet our stringent credit criteria. Critical to d
Slide 6: Mortgage Credit a Powerful Option: Multi-decadal Outperformance
Mortgage Credit Multi-decadal a Powerful Option Outperformance for Investors A compounding engine across real estate private credit, US private credit, listed credit and real estate. 23 Year Performance History: 12 Month Investment Account For personal use only Continuing to Outperform Benchmark and
Slide 7: Quality Assets Driving Performance
Quality Assets Driving Performance Borrower Credit Score of Applicants by Lender This graph shows that the average credit score of borrowers applying for a loan with La Trobe Financial is in line with the Big 4 banks and well in-excess of non-bank financial institutions. For personal use only 900 87
Slide 8: Snapshot: Diversified Portfolios
Snapshot: 12 Diversified Month Investment Account Portfolios 12 Month Investment Account 0.2% For personal use only Development Finance Cash 11% 2% 15.6% Industrial 4.3% 7% 43.7% Residential Commercial 61% 1.0% 11% Vacant Land 3.4% 31.1% 8% 0.7% Loan Number Largest Average Metro Weighted Portfolio o
Slide 9: Data Transparency Showing Strong Performance
Data Transparency Showing Strong Performance 12 Month Investment Account Arrears History Annualised Shortfall (% of AUM) (% of AUM) As at 30 June 2026 For personal use only Annual Loss 12 Month Investment AREPC 7.00% Rate Over Account Fund 1 Year 0.02% 0.02% 6.00% Investor 3 Years 0.03% 0.03% Reserv
Slide 10: La Trobe US Private Credit Fund
La Trobe US Private Credit Fund For personal use only
Slide 11: USPC – The Rebuild of Middle America
USPC – The Rebuild of Middle America What is the U.S. Middle Market Backbone of the 200,000+ EBITDA of Accounts for 1/3 of total jobs For personal use only U.S. economy companies USD$25m - $1bn and 40% of U.S.’ GDP Source: U.S. Chamber of Commerce May 2025, Blackrock September 2024. U.S Chamber of C
Slide 12: High Quality Borrowers for a Defensive Portfolio
High Quality Targeting High-Quality Assets to Deliver Borrowers for Investors for a Defensive Portfolio Defensive Exposure to Private Credit Pillars of Investment Strategy Defensively Constructed Portfolio Distressed Investing Long-Term Credit Performance For personal use only First-Lien Built for R
Slide 13: La Trobe US Private Credit Fund – A Pure Play Portfolio
La Trobe US Private Credit Fund – A Pure Play Portfolio Providing income-focussed investors an opportunity to participate in a generational investment thematic: the rebuild of the U.S. middle market. The La Trobe US Private Credit Fund provides a defensive exposure to U.S. mid-market corporate priva
Slide 14: US Private Credit – Highly Diversified Portfolio
US PrivateUS La Trobe Credit – Portfolio Private Composition Credit Fund – Highly Diversified Portfolio Industry Allocation Borrower Diversification 23.5% Software Other 2.2% 1.8% For personal use only 18.8% Insurance Services (136 Borrowers) 2.2% 1.8% Health Care Providers & Services 82.1% 1.8% Pro
Slide 15: Why Have Allocators Tilted to Private Credit?
Why Have Which Attributes Allocators CanTilted? Benefit Investors Direct Lending has the Potential for Many Positive Attributes for Investors Public Asset Class Comparison, 10-Year Returns to Volatility Matrix1,2,3 For personal use only Favourable Dynamics for Investors4 10% Private Credit 8% 1.4x F
Slide 16: La Trobe US Private Credit Fund vs Peers
MSPC Potentially Presents a Compelling Risk-Adjusted La Trobe Return US Private Credit Fund vs Peers Proposition USPC Underlying Fund BDC as at 31 March 26 Peer Average* For personal use only First Lien Focus1 First lien focus may mitigate loss severity in defaults 99.5% 88.6% Investment Strategy No
Slide 17: La Trobe US Private Credit Fund vs Peers
La Trobe US Private Credit Fund vs Peers Percent First Lien vs Average Borrower EBITDA1,2 La Trobe US Private Credit Fund Avoids Cyclical and Less Defensive Industries1 For personal use only First Lien (%) La Trobe US Private Credit Fund Peer 4 100% Limited cyclical exposure Peer 3 at 2.3% of portfo
Slide 18: La Trobe Private Credit Fund (ASX: LF1)
La Trobe Private Credit Fund For personal use only (ASX: LF1)
Slide 19: LF1: Key Facts
LF1: Key Facts At 30 June 2026: Unit Price (ASX) NTA per Unit† NTA Market Cap Annualised Distribution Yield* $1.84 $1.97 $270m $252m 7.60% For personal use only Key Terms LF1 Asset Allocation Ratings ASX Ticker Code LF1 12 Month Investment Cash & Net Platform Availability Account Receivables Approve
Slide 20: Risks Associated with the Fund
La Trobe Private Credit Fund For personal use only (ASX:LF1) Risks Associated with the Fund As with any type of investing, there are risks associated with an investment in the Fund. We encourage prospective investors to consider these risks as outlined within the Product Disclosure Statement, some o
Slide 21: Important Notices & Disclaimers
Important Notices & Disclaimers This document dated 21 July 2026 has been prepared by La Trobe Financial Asset Management Limited ACN 007 332 363, AFSL 222 213 (La Trobe Financial) and is provided for information purposes only. This document does not constitute an offer, invitation, solicitation or
Slide 22: Important Notices & Disclaimers
Important Notices & Disclaimers Distribution yield: The target cash distribution yield is calculated based on the RBA Official Cash Rate as at the last Business Day of each month. The target cash distribution yield is an objective target only and may not be achieved. Any shortfall in net income gene
Slide 23: latrobefinancial.com.au
For personal use only 13 13 57 latrobefinancial.com.au 04B_082_200726
La Trobe Private Credit Fund — Investor Presentation (July 2026) on 6ix