Milford

Fixed interest, International fixed interest

Milford Global Corporate Bond Fund

The Fund’s objective is to protect capital and generate a positive, NZD hedged return after management and administration charges but before tax that exceeds the relevant benchmark over the minimum recommended investment timeframe of three years.

Risk indicator

3 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge

0.85% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment

$250

Or $50 per fund with a Regular Investment Plan.

Unit price

$1.0333

As at 02/11/2026. Buy/sell spread 0.12%*.

Download unit price history (CSV)

About this fund

Invest in this fund

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager

Milford

Fund type

Managed fund (PIE)

Asset class

Fixed interest, International fixed interest

Management style

Active

Inception date

01/02/2017

Fund size

$413.89M as at 02/11/2026

Distributions

Quarterly

Regular Investment Plan

Not available

InvestNow KiwiSaver

Not available

View Milford

Fund performance

Returns are shown after fund fees and before tax, as at 31/10/2026. Periods longer than one year are annualised.

Growth of $10,000

Milford Global Corporate Bond Fund

1 month

3 months

1 year

3 years

5 years

10 years

Since inception

Milford Global Corporate Bond Fund

1.56%

-1.01%

-2.16%

4.71%

1.53%

–

2.89%

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

What the fund invests in

A snapshot of the fund’s investments, updated from the manager’s latest fund update.

Asset allocation

International fixed interest

87.5%

Australasian fixed interest

10.6%

Cash

6.3%

As at 30/09/2026. Source: Morningstar.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee

Amount

What it means

Estimated annual fund charge

0.85% p.a.

Includes management and administration fees, deducted from the fund.

Performance fee

None

This fund doesn’t charge a performance fee.

Buy/sell spread

0.12%*

A cost applied when you buy or sell units.

InvestNow account fees

None

No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement

PDF

Download

About the manager

Milford

Milford has 11 managed funds on the InvestNow platform – including diversified funds, a cash fund, international and New Zealand fixed interest funds, plus international and Australasian equities.

Learn more about Milford, their investment options available to InvestNow customers plus access their latest news & updates below.

View Milford