[youtube]https://www.youtube.com/watch?v=0GMvtg_YNG8[/youtube]

Portfolio Manager Jonathan Windust discuses the performance of the Balanced Fund, which was up 1.6% for the month and 19.2% for the past year.  Jonathan outlines the key contributors to this performance and notes the investment outlook 2013.
The Milford Balanced Funds target is to achieve capital growth over time by holding a diversified investment portfolio including New Zealand and overseas cash, bonds and shares.