Milford's KiwiSaver funds lead the pack

Milford's active growth fund returned 7.6% in the March 2022 year. (Image: Deposit Photos)

Mon, 17 Oct 2022

Milford Asset Management’s KiwiSaver growth fund was the outstanding performer in the March 2022 year, and the manager’s balanced fund outperformed almost all other KiwiSaver growth funds.The fund manager also achieved the highest growth in managed assets over the year and moved up two places to rank sixth in total assets under management.Meanwhile, non-profit KiwiSaver provider Simplicity more than doubled the number of members in its scheme. But overall, annual returns after fund charges and before tax were far lower than the...

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