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Milford
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International shares, Shares

Milford Global Equity Fund

The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming the relevant share market index over the minimum recommended investment timeframe of eight years.

Risk indicator
5 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge
1.35% 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
$3.4321

As at 02/11/2026. Buy/sell spread 0.07%*.

About this fund

The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming the relevant share market index over the minimum recommended investment timeframe of eight years. It is primarily invested in international equities.

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

Fund facts

Investment manager
Milford
Fund type
Managed fund (PIE)
Asset class
International shares, Shares
Management style
Active
Inception date
12/04/2013
Fund size
$3008.17M as at 02/11/2026
Distributions
–
Regular Investment Plan
Not available
InvestNow KiwiSaver
Not available

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 Equity Fund
 
1 month
3 months
1 year
3 years
5 years
10 years
Since inception
Milford Global Equity Fund
-0.42%
2.75%
6.55%
16.63%
7.00%
11.05%
–

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
94.9%
Listed property
1.9%
Australasian shares
0.9%
Cash
3.9%

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
1.35% 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
0.07%*
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
Milford logo
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
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Ready to invest in Milford Global Equity Fund?

Read the Product Disclosure Statement, then invest from $250, or from $50 per fund with a Regular Investment Plan.