Portfolio Manager Jonathan Windust notes the Fund was up 1.8% this month, and is producing a 9.3% annualised result since inception.   Jonathan discusses a new stock acquisition for the Fund and the outlook moving forward for the economy.
The Milford Income Fund aims to generate above what investors could expect from a bank rate of return, as well as a capital growth component. The Fund achieves this by investment in a diversified portfolio of fixed interest and high dividend paying share holdings.