Morningstar have recently released their KiwiSaver Performance Survey for the September Quarter 2011.
Milford is very proud to say that the Milford Active Growth KiwiSaver Fund was named the best performing KiwiSaver Fund overall with a return of 9.45% per annum* for the four years KiwiSaver has been operating. This is out of the 137 KiwiSaver Funds included in the Morningstar Survey.
We were also the best performing Fund over the three year time period, which reflects the longer term consistency of results that the Milford Active Growth Fund has been able to deliver.
We are very pleased to have achieved such a result, and hope to continue delivering strong performance returns for our investors.
*It is important to note that the 9.91% return per annum achieved for the 3 year time frame and the 9.45% return per annum achieved for the 4 year time frame are after all fund fees (except the $36 per annum registry fee) and before tax.
Morningstar categorises the Milford Active Growth Fund in the single sector category, under Australasian Equity.