[youtube]https://www.youtube.com/watch?v=2N9QwIC4tI0&feature=plcp[/youtube]

Portfolio Manager Jonathan Windust notes the Fund was up 1.2% this month, and 10.4% per annum since inception.  Jonathan also discusses the fixed interest market outlook and portfolio rationale.
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.