Portfolio Manager Jonathan Windust notes the Fund was up 0.4% this month, against negative returns for both the Fixed Interest market and New Zealand market. Jonathan also discusses the Australian companies contribution to the Income Fund performance.
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.
Milford Income Fund — July 2012
Disclaimer: This is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a guarantee of future performance.
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