In the recently released Morningstar Survey of KiwiSaver fund performance, all of Milford’s funds ranked either first or second for 1 year returns, and retained the top spots for both 3 and 5 year periods.
For the year December 2015:
- The Milford KiwiSaver Conservative Fund was ranked 2nd for 1 year performance and retained it’s 1st position for 3 year returns (it does not have a 5 year history).
- The Milford KiwiSaver Balanced Fund retained its top ranking for 1, 3 and 5 year performance.
- Our flagship fund, the Milford KiwiSaver Active Growth Fund was 2nd in the Australasian equity category with a 14.0% 1 year return, ahead of the top 1 year Growth Fund performance of 11.6% and top Aggressive Fund performance of 13.0%. The Milford KiwiSaver Active Growth Fund retained its 1st ranking of ANY KiwiSaver fund (over $50m of FUM) over 3 and 5 years with 16.2% and 15.5% annual returns respectively.
Morningstar also noted that “Milford’s returns were propelled by prudent stock picking on both sides of the Tasman”
Please click below for the full results.
http://www.morningstar.com.au/s/documents/kiwisaver_survey2015Q4.pdf
Past performance is not a guarantee of future returns. Prior to making any financial decisions, you may wish to seek independent financial advice.