AMP Milford Balanced Fund
Milford Balanced Fund is a balanced KiwiSaver fund managed by AMP. It has 1,918 members and holds $72 million. It opened in 2022.
Fees and returns
- Annual fee
- 1.35% of your balance each year
- Return over 1 year
- +4.2% a year
- Return over 3 years
- +6.3% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 30%, international fixed interest 23%, australasian equities 17%, new zealand fixed interest 15%.
Largest holdings
- Milford Balanced Fund 100.0%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.2% |
| 2024/25 | +4.6% |
| 2023/24 | +10.2% |
| 2022/23 | −0.8% |
About this fund
This is AMP's wrapper providing access to the Milford Balanced Fund, managed by Milford. It is a diversified fund investing mainly in shares with a significant fixed-interest allocation, aiming for capital growth over at least five years. Accessed through AMP's scheme, it has an annual fund charge of 1.35%.