[youtube]https://www.youtube.com/watch?v=9w77O54wUhM&feature=plcp[/youtube]

Portfolio Manager Jonathan Windust discuses the performance of the Balanced Fund, which was up 1.8% for the month and the movements in the international markets over the past month.  Jonathan also discusses his outlook for the market in the short term and mid term future.
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.