Morningstar Fund Report
Milford Global Corporate Bond Fund
Fund Report | Report generated 27 Sep 2021 | 
Performance
31 Aug 2021
Growth of $10,000
Fund: Milford Global Corporate Bond Fund
Index: Bloomberg Global Aggregate TR Hdg NZD
Category: Global Bond
Financial Year Total Returns
| Mar-19 | Mar-20 | Mar-21 | Aug-21 | |
|---|---|---|---|---|
| Fund | 3.37 | 1.48 | 9.45 | 1.17 |
| +/- Cat | -0.19 | -2.29 | 5.91 | -0.55 |
| +/- Index | -1.26 | -4.54 | 8.06 | -0.91 |
Trailing Total Returns
as at 31 Aug 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -0.10 | -0.04 | 0.09 | 22 / 30 |
| 3 Month | 0.65 | -0.55 | -0.93 | 25 / 30 |
| 1 Year | 3.20 | 2.32 | 2.45 | 2 / 29 |
| 3 Year | 4.83 | 0.78 | 0.31 | 6 / 27 |
| 5 Year | -- | -- | -- | -- |
Risk Analysis
as at 31 Aug 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 4.09 | 3.48 | 3.14 |
| Sharpe Ratio | 0.98 | 0.98 | -- |
| R-Squared | 39.58 | 71.68 | -- |
| Beta | 0.83 | 0.92 | -- |
| Alpha | 0.96 | -0.12 | -- |
Fund Details
| Fund Inception | 01 Feb 2017 |
| Responsible Entity | Milford Funds Limited |
| Fund Manager | Milford Funds Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 23 Sep 2021) |
770.85 |
| Minimum Investment $ | 5,000,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Quarterly |
Current Investment Style
as at 30 Sep 2018
Style Box is unavailable.
Asset Allocation
% as at 31 Aug 2021
| Domestic Equity | 0.000 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.964 |
| International Fixed Interest | 89.558 |
| Cash | 7.845 |
| Other | 1.633 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 23 Sep 2021
| APIR Code | -- |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Global Bond |
| Entry Price $ | 1.1046 |
| Exit Price $ | 1.1046 |
| Exit Price 1 Week Change $ |
-0.0032 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year | |
| 10 Year |
Prosective Fees & Costs
as at 28 Feb 2021
| Total Cost Ratio (Prospective) | 0.88% |
| Investment Management Fee | 0.87% |
| Performance Fee Costs | 0.00% |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | -- / -- |