The Milford Australian Absolute Growth Fund builds on Milford’s absolute return investing capability with an Australian Unit Trust, modelled on the company’s flagship Active Growth Fund.
The Fund aims to generate investment returns 5% higher than the RBA cash rate by investing in a diversified portfolio of predominantly Australian equities, complemented by selective exposure to international equities and cash. The Fund may use derivatives.
| Key Fund Facts | |
|---|---|
|
Benchmark |
RBA Cash Rate + 5% p.a. |
|
Fund’s Inception Date |
02 October 2017 |
|
ASX Listed Class Inception Date |
16 January 2023 |
|
Ticker Code |
MFOA |
|
Recommended investment timeframe |
7 years + |
|
Risk level |
Medium to High |
|
Management fee |
0.90% |
|
Performance fee |
15.35% p.a. of returns above the Fund Benchmark to be paid annually |
|
Income distribution |
Bi-annually at 31 December and 30 June |
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Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the responsible entity for the Milford Investment 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).
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current product disclosure statement (PDS) and Target Market Determination (‘TMD’) of the Fund and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
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