Milford Australian Active 100 Fund - Class A

Milford Australian Active 100 Fund
- Class A

APIR code: ETL3174AU

Class A – no performance fee

Fund Overview

The Milford Australian Active 100 Fund is an actively managed Australian equity fund that targets outperformance of the S&P/ASX 100 Equal Weight (TR) Index. The fund aims to be fully invested in a diversified portfolio of Australian equities that seeks to achieve greater stock specific returns by having the ability to deviate from traditional market capitalisation based weightings. Derivatives may be used for efficient portfolio management and for foreign currency hedging.

Portfolio Managers

This Fund is for investors seeking:

Why choose Milford Australian Active 100 Fund - Class A?

Enhanced Diversification – Commonly used market-capitalisation-weighted indexes can be dominated by a few large-cap shares. An actively managed equal weight benchmarked strategy aims to reduce concentration risk and provide exposure to a broader array of companies across various sectors.
Active Management Advantage – Milford’s active management approach allows for dynamic adjustments to the portfolio, enabling the Fund to capitalise on market opportunities and manage risks. This flexibility can be particularly beneficial in volatile or changing market conditions.
Liquidity – The Fund primarily invests in companies making up the S&P/ASX 100 Equal Weight Index which comprises highly liquid large and mid-cap stocks.

Key Fund Facts
Benchmark	S&P/ASX 100 Equal Weight (TR) Index
Inception Date	19 September 2025
APIR	ETL3174AU
Recommended investment timeframe	8 years +
Minimum investment	$1,000
Risk level	High
Management fee	0.90%
Performance fee	Not applicable
Income distribution	Annually at 30 June

Key Documents Download

Disclaimer

Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the responsible Entity for the Milford Australia Funds. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).

Milford Australia Pty Ltd (“Milford”) ABN 65 169 262 971 (AFSL 461253) has prepared this advertisement as investment manager of the Milford Australian Active 100 Fund to provide you with general information only. In preparing this advertisement, we did not take into account the investment objectives, financial situation or needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Milford, Equity Trustees nor any of its related parties, its employees or directors, provides any warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Please read the Fund’s Product Disclosure Statement at milfordasset.com.au/documents-and-forms before making a decision to invest in this product.

Past performance is not a reliable indicator of future performance. The Milford Australian Active 100 Fund – Class A Target Market Determination is available at milfordasset.com.au/documents-and-forms. The Target Market Determination is a document describing who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.

Invested in expertise, performance and trust

When you invest with Milford you get a world-class investment partner dedicated to delivering strong long-term returns and outstanding adviser engagement.

We take a hands-on approach to investing, constantly re-evaluating investments pursuing the best returns possible for our clients. Our ability to move quickly means we can take advantage of opportunities as they arise and manage risk along the way.

It’s our policy that our staff invest their own money in the same funds as our clients, so you can be certain our team is highly motivated to have your funds do the best that they can because we’re on the same journey.

In-depth research is the foundation upon which this is built. From top-down macro economic insights to bottom-up company research, our 40-strong investment team leaves no stone unturned.

We have a large and globally experienced investment team with an impressive track record, including winning the Morningstar Overall New Zealand Fund Manager of the Year 2023.

Ready to Invest Now?

Let’s get started. For individual and joint investors, the easiest way is to apply online. Alternatively, you can download the paper application form here.

Before you start, you must read the Fund’s Product Disclosure Statement (PDS) and Target Market Determination (TMD).