Annual fund charge
1.05%
vs peer avg 1.23%
Risk indicator
4/7
1 = lower risk · 7 = higher risk
5-year return p.a.
6.79%
peer avg 5.16%
Fund size
NZ$5.98b
78% growth · 22% income
The Fund's objective is to provide annual returns of 10% after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of seven years. It is a diversified fund that primarily invests in equities, with a moderate allocation to fixed interest securities.
Key facts
Fund start date
1 October 2007
Min. investment
NZ$1,000
Tax structure
PIE
Capped at your PIR (max 28%)
Top 10 holdings
As at the latest published quarterly fund update.
| Holding | % of fund |
|---|---|
| New Zealand Government 4.5% 15/05/2035 | 3.43% |
| SSE Plc | 2.82% |
| National Grid Plc | 2.46% |
| NatWest Group Plc | 2.41% |
| Aramark Corporation | 2.32% |
| Contact Energy Ltd | 1.94% |
| NZD Cash Current Account (HSBC) | 1.90% |
| New Zealand Government 0.25% 15/05/2028 | 1.79% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 1.79% |
| CRH Plc | 1.76% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- MILFORD ACTIVE GROWTH FUND (FND753) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 1.48 KB
- Milford Investment Funds Product Disclosure Statement 18 June 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 3.26 MB
- Milford Active Growth Fund Mar 26.pdf The quarterly update published by the provider PDF, 122.29 KB
- Milford Investment Funds Other Material Information June 2025.pdf This document provides additional information about the organisations who are responsible for providing and overseeing the Milford Inv
- Milford Investment Funds Investor Guide June 2025.pdf This document provides additional information about investing, distributions, withdrawals and switching your investment and should be read with th
- Milford Investment Funds SIPO June 2025.pdf Statement of investment policy and objectives PDF, 397.00 KB
About this category
Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
About Milford
New Zealand active manager with diversified, equity and fixed-income strategies.
See all funds from Milford →Head-to-head
Compare Milford Active Growth Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
