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About

Morningstar Fund Report

Milford Trans-Tasman Bond

Retail

Fund Report | Report generated 19 Apr 2021 |  Read the Analyst Research Report

Performance

31 Mar 2021

Growth of $10,000

Fund
Fund: Milford Trans-Tasman Bond
Index
Index: S&P/NZX NZ Composite Invest Grade NZD
Category
Category: NZ Bonds

Financial Year Total Returns

Mar-19 Mar-20 Mar-21 Mar-21
Fund 5.05 3.80 4.58 4.58
+/- Cat -0.40 0.72 2.72 2.72
+/- Index -1.93 -1.11 4.83 4.83

Trailing Total Returns

as at 31 Mar 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month 0.18 -0.22 -0.36 26 / 33
3 Month -1.19 0.97 1.71 6 / 33
1 Year 4.58 2.72 4.83 2 / 33
3 Year 4.47 1.02 0.64 1 / 31
5 Year 4.63 1.41 1.09 1 / 27

Risk Analysis

as at 31 Mar 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 2.35 3.14 3.64
Sharpe Ratio 1.46 0.82 --
R-Squared 63.02 81.68 --
Beta 0.52 0.79 --
Alpha 1.95 0.22 --

Fund Details

Fund Inception 02 Dec 2013
Responsible Entity Milford Funds Limited
Fund Manager Milford Funds Limited
Base Currency $NZ
Net Assets $Mil
(as at 16 Apr 2021)
882.57
Minimum Investment $ 5,000,000
Regular Savings Plan
(Yes/No)
--
Cash Distributions Quarterly

Current Investment Style

 

Style Box is unavailable.

Asset Allocation

% as at 31 Dec 2019

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 49.062
International Fixed Interest 41.974
Cash 8.964
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 16 Apr 2021

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.2004
Exit Price $ 1.2004
Exit Price
1 Week Change $
-0.0009

Morningstar Ratings

Overall 5
3 Year 5
5 Year 5
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) 0.6800
Max Management Fee pa 0.67%
Max Admin Fee pa --
Max Brokerage 0.0000