Milford

Diversified

Milford Active Growth Fund

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.

Risk indicator

4 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge

1.25% 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

$7.0172

As at 02/11/2026. Buy/sell spread 0.10%*.

Download unit price history (CSV)

About this fund

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.

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

Diversified

Management style

Active

Inception date

01/10/2007

Fund size

$5907.95M as at 02/11/2026

Distributions

–

Regular Investment Plan

Not available

InvestNow KiwiSaver

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 Active Growth Fund

1 month

3 months

1 year

3 years

5 years

10 years

Since inception

Milford Active Growth Fund

0.06%

0.77%

1.36%

12.12%

6.70%

9.62%

11.25%

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 shares

59.6%

International fixed interest

11.8%

Australasian fixed interest

8.7%

Australasian shares

5.6%

Listed property

5.3%

Cash

10.4%

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

1.25% 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

0.10%*

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