Milford
Milford funds available through InvestNow
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.

About Milford
Today, the Milford team comprises more than 200 passionate and talented individuals across offices in Auckland, Cambridge, Tauranga, Wellington, Christchurch, Wanaka, and Australia. We all share one common purpose – to grow the wealth of our clients and make a positive contribution to the community. We aim to deliver the best investment outcomes and client service. As of June 2025, Milford has over $25bn of funds under management.
For more information about us, please visit milfordasset.com
Milford funds available through InvestNow
Explore the Milford funds currently available through InvestNow.
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: 4/7
Management style: Active
Estimated fund charge: 1.25% p.a.
Milford Aggressive Fund
The Fund’s objective is to maximise capital growth after the base fund fee but before tax and before any indirect performance fee, over the minimum recommended investment timeframe of ten years.
Risk indicator: 5/7
Management style: Active
Estimated fund charge: 1.15% p.a.
Milford Australian Absolute Growth Fund
The Fund’s targets an absolute return with an annualised return objective of 5% above the New Zealand Official Cash Rate while seeking to protect capital after the base fund fee but before tax and before the performance fee, over rolling three year periods.
Risk indicator: 4/7
Management style: Active
Estimated fund charge: 1.3% p.a.
Milford Balanced Fund
The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee over the minimum recommended investment timeframe of five years.
Risk indicator: 4/7
Management style: Active
Estimated fund charge: 1.07% p.a.
Milford Cash Fund
The Fund’s objective is to provide a return above the New Zealand Official Cash Rate. It primarily invests in New Zealand cash, short-dates debt securities and term deposits.
Risk indicator: 1/7
Management style: Active
Estimated fund charge: 0.2% p.a.
Milford Conservative Fund
The Fund’s objective is to provide a moderate return and protect capital after management and administration charges but before tax over the minimum recommended investment timeframe of three years.
Risk indicator: 3/7
Management style: Active
Estimated fund charge: 0.85% p.a.
Milford Diversified Income Fund
The Fund’s objective is to provide income and capital growth after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of four years.
Risk indicator: 3/7
Management style: Active
Estimated fund charge: 0.85% p.a.
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: 3/7
Management style: Active
Estimated fund charge: 0.85% p.a.
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: 5/7
Management style: Active
Estimated fund charge: 1.35% p.a.
Milford Trans-Tasman Bond Fund
The Fund’s objective is to generate a positive, low 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: 3/7
Management style: Active
Estimated fund charge: 0.65% p.a.
Milford Trans-Tasman 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 a mix of two relevant share market indices over the minimum recommended investment timeframe of eight years.
Risk indicator: 5/7
Management style: Active
Estimated fund charge: 1.05% p.a.
Frequently asked questions
Who is 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.
What Milford funds are available through InvestNow?
You can see every Milford fund available through InvestNow in the list above. Select a fund to see its details, performance, fees and documents.
What is the minimum investment?
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What fees apply to Milford funds?
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Can I include Milford funds in a Regular Investment Plan?
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Explore Milford funds
Compare the Milford funds available through InvestNow, including their investment approach, risk, fees and historical performance.

