
Month in a Minute: May 2025
It’s all about the TACO (“Trump Always Chickens Out”)
After a volatile April, global share markets continued their climb in May
It’s all about the TACO (“Trump Always Chickens Out”)
After a volatile April, global share markets continued their climb in May
Still tarrified, or just a bump in the night?
The volatility seen in markets over the past month suggests investors were
Tarrified
In a volatile month Milford funds fared well, and although some of our fund returns were negative, we significantly outperformed
USA, a bit less exceptional
February saw a sharp change in tone for markets. Share markets sold-off, led by the US
Crosswinds
January saw its fair share of ups and downs across markets as investors were buffeted by policy uncertainties emanating from
Santa takes a breath
December saw a pullback in global share and bond markets with Milford’s funds also modestly lower. After
Santa likes election certainty
Milford funds continue to deliver strong returns, helped by the performance of underlying assets. Stock markets responded
Pre-election Jitters
October saw a mixed outcome for asset markets, with shares around the world modestly weaker, whilst bond markets had
Reassuringly expensive
September proved to be a solid month for returns, with broad gains across both bonds and shares. As a
Words: Mark Riggall, Portfolio Manager
Video: Stephanie Batchelor, Senior Analyst
August ended up being a modest month for returns, with most funds
Artificial Enthusiasm
July proved to be a whirlwind month, with large swings in stocks, bonds and currencies. Pleasingly, our funds fared
Video by Stephanie Batchelor
Article by Frances Sweetman
The politics behind performance
The performance of global share markets diverged in June as global
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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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