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.
Past performance is not a guarantee of future returns. Prior to making any financial decisions, you may wish to seek independent financial advice.