Private Portfolio Service
Investors with more than $300,000 to invest have a choice of:
- Advice Service
A tailored and discretionary Private Portfolio with initial and ongoing advice from a fully qualified Authorised Financial Adviser (AFA) employed by Milford;
or
- Non-Advice Service
Accessing an investment in Milford’s Unit Trust PIE Funds (Portfolio Investment Entities) without receiving advice from a Milford AFA.
What is Milford’s Private Portfolio Advice Service?
Milford provides investment portfolios tailored to a client’s risk profile, investment objectives, and requirement for growth, income and capital preservation. These consist of Milford Unit Trust PIE Funds for Australasian investments with external managers for investments outside of Australasia. PIE Funds are utilised as they bring advantages to investors including tax* and investment efficiencies.
Private Portfolios are suitable for individuals, family trusts, charities or institutions with $300,000 or more to invest who require an ongoing advisory service to actively manage their portfolio. A Private Portfolio will generally hold a diversified portfolio of Unit Trust PIE funds which, in turn, will have allocations to shares, fixed income, cash and property designed to meet a client’s investment objectives.
Please click here for further information on Milford’s Private Portfolio Advice Service.
What if I don’t want advice from a Milford AFA but want to invest into the Milford funds?
For investors with excess of $300,000 to invest, Milford can provide ‘information only’ on our Unit Trust PIE Funds from a qualified Authorised Financial Adviser (AFA).
Please click here for more information on Milford’s Non-Advice Service.
* A summary statement of the tax situation for the Milford Unit Trust PIE Funds is set out in the taxation section (pg 24) of the Milford Unit Trust PIE Funds Investment Statement.
