Morningstar Fund Report
Milford Balanced Fund
Fund Report | Report generated 23 Apr 2021 | 
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Performance
31 Mar 2021
Growth of $10,000
Fund: Milford Balanced Fund
Index: Morningstar NZ Msec Balanced TR NZD
Category: Multisector - Balanced
Financial Year Total Returns
| Mar-19 | Mar-20 | Mar-21 | Mar-21 | |
|---|---|---|---|---|
| Fund | 6.61 | -0.38 | 24.77 | 24.77 |
| +/- Cat | 0.61 | 1.84 | 4.51 | 4.51 |
| +/- Index | -2.47 | -2.04 | 7.29 | 7.29 |
Trailing Total Returns
as at 31 Mar 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 2.36 | 0.14 | -1.05 | 32 / 70 |
| 3 Month | 2.12 | 0.75 | -0.01 | 14 / 70 |
| 1 Year | 24.77 | 4.49 | 7.29 | 9 / 69 |
| 3 Year | 9.84 | 2.21 | 0.62 | 4 / 63 |
| 5 Year | 9.62 | 2.22 | 1.20 | 2 / 50 |
Risk Analysis
as at 31 Mar 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 8.28 | 8.13 | 7.71 |
| Sharpe Ratio | 1.06 | 0.84 | -- |
| R-Squared | 89.13 | 86.96 | -- |
| Beta | 1.02 | 0.98 | -- |
| Alpha | 0.5 | -1.23 | -- |
Fund Details
| Fund Inception | 01 Apr 2010 |
| Responsible Entity | Milford Funds Limited |
| Fund Manager | Milford Funds Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 21 Apr 2021) |
1,308.16 |
| Minimum Investment $ | 10,000 |
| Regular Savings Plan (Yes/No) |
Yes |
| Cash Distributions | -- |
Current Investment Style
as at 31 Mar 2021
Size | Large Style | Blend
Asset Allocation
% as at 31 Dec 2019
| Domestic Equity | 21.908 |
| International Equity | 29.438 |
| Listed Property | 8.657 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 6.425 |
| International Fixed Interest | 23.943 |
| Cash | 9.629 |
| Other | 0.000 |
Morningstar Sustainability Rating 
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Quick Stats
as at 21 Apr 2021
| APIR Code | -- |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Multisector - Balanced |
| Entry Price $ | 2.8069 |
| Exit Price $ | 2.8069 |
| Exit Price 1 Week Change $ |
-0.0077 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Fees & Expenses
One-Time
| Entry Fee/Contribution Fee | 0.00% |
| Exit Fee/Withdrawal Fee | 0.00% |
| Buy/Sell Spread | 0.0000 |
Annual
| MER pa (31 Mar 2021) | 1.5000 |
| Max Management Fee pa |
1.05% |
| Max Admin Fee pa |
-- |
| Max Brokerage | 0.0000 |