Introducing the Milford Family of Funds
We offer four unit trusts to investors; The Active Growth Fund (previously the Aggressive Fund), the Trans-Tasman Fund (previously the Peak Fund), the Income Fund and the Balanced Fund.
We also have a Milford KiwiSaver Plan which offers two funds: the Milford Active Growth Fund (previously known as the Milford Aggressive Fund) and the Milford Balanced Fund.
All our KiwiSaver Plan Funds and Unit Trust Funds are PIE (portfolio investment entity) registered. This has potential tax benefits to you, enabling your investment to be taxed at your own marginal tax rate (the rate of tax the IRD taxes you at individually for your last dollar of income) or at a top rate of 28%. Generally, gains made by any Milford Fund on the sale of shares in New Zealand resident companies or Australian resident listed companies (on an ASX approved Index) will not be liable for capital gains tax.
The Milford Balanced KiwiSaver Plan Fund invests into the Milford Balanced Unit Trust Fund which in turn invests into the Milford Income, Active Growth and Trans-Tasman Unit Trust Funds and into investments outside of Australasia with managers selected by Milford. The Milford Active Growth KiwiSaver Plan Fund invests into the Milford Active Growth Unit Trust Fund.
Investors using KiwiSaver that have additional funds to invest and wish to retain the option of accessing those funds prior to retirement may consider the option of our Unit Trust range.
