11th June 2019
Following closely on from the addition of the 8 new Smartshares funds last week, we are really pleased to announce that Milford Asset Management have joined InvestNow.
Milford Diversified Income Fund
Initially we are offering the Milford Diversified Income Fund, but knowing how popular Milford funds are with Kiwi investors we are looking to expand the range as quickly as we possible can.
Here is how Milford describe the fund:
“The Fund’s objective is to provide income and capital growth after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of three years. It is a diversified fund that primarily invests in fixed interest and equity income-generating securities.
This Fund is for investors seeking:
- Capital growth over at least 3 years
- Quarterly income from their investment
- A low to medium risk investment
- Diversified exposure to primarily fixed interest securities and equity income-generating securities”