Morningstar Fund Report
Milford Balanced Fund
Fund Report | Report generated 28 Sep 2021 | 
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Performance
31 Aug 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 | Aug-21 | |
|---|---|---|---|---|
| Fund | 6.61 | -0.38 | 24.77 | 7.45 |
| +/- Cat | 0.61 | 1.84 | 4.51 | 1.72 |
| +/- Index | -2.47 | -1.94 | 7.37 | 1.29 |
Trailing Total Returns
as at 31 Aug 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 2.15 | 0.81 | 1.12 | 4 / 70 |
| 3 Month | 4.70 | 0.86 | -0.24 | 13 / 70 |
| 1 Year | 16.73 | 4.48 | 5.18 | 6 / 68 |
| 3 Year | 10.30 | 2.57 | 1.89 | 5 / 65 |
| 5 Year | 10.12 | 2.36 | 1.05 | 2 / 54 |
Risk Analysis
as at 31 Aug 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 8.37 | 8.19 | 7.73 |
| Sharpe Ratio | 1.12 | 0.88 | -- |
| R-Squared | 89.18 | 86.98 | -- |
| Beta | 1.02 | 0.99 | -- |
| Alpha | 1.62 | -0.33 | -- |
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 27 Sep 2021) |
1,669.61 |
| Minimum Investment $ | 10,000 |
| Regular Savings Plan (Yes/No) |
Yes |
| Cash Distributions | -- |
Current Investment Style
as at 30 Apr 2021
Size | Large Style | Blend
Asset Allocation
% as at 31 Aug 2021
| Domestic Equity | 25.080 |
| International Equity | 29.764 |
| Listed Property | 6.092 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 3.666 |
| International Fixed Interest | 19.914 |
| Cash | 14.513 |
| Other | 0.971 |
Morningstar Sustainability Rating 
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Quick Stats
as at 27 Sep 2021
| APIR Code | -- |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Multisector - Balanced |
| Entry Price $ | 2.9633 |
| Exit Price $ | 2.9633 |
| Exit Price 1 Week Change $ |
0.0304 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Prosective Fees & Costs
as at 28 Feb 2021
| Total Cost Ratio (Prospective) | 1.50% |
| Investment Management Fee | 1.05% |
| Performance Fee Costs | 0.44% |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | -- / -- |