Milford's growth KiwiSaver fund still clocking double-digit returns after a decade

Wed, 01 Nov 2017

By Paul McBeth Nov. 1 (BusinessDesk) - Milford Asset Management's active growth KiwiSaver fund is the only one to deliver annualised double-digit growth over the 10-year life of the state-sponsored savings scheme, Morningstar research shows. The research analysis firm's quarterly KiwiSaver report has included annual 10-year returns for the funds with the scheme, whose principle legislated purpose is to "encourage a long-term savings habit and asset accumulation by individuals who are not in a position to enjoy standards of living in reti...

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