[youtube]https://www.youtube.com/watch?v=7xLfws_bhOg[/youtube]

Portfolio Manager Jonathan Windust notes the Fund was up 1.7% this month.  Jonathan also the performance contributors for the past month and the investment outlook for the Fund.
The Milford Conservative Fund aims to generate above the 90-Day Bank Bill Index. The Fund achieves this by investment in a diversified portfolio of fixed interest and high dividend paying share holdings.