AMP Milford Conservative Fund
Milford Conservative Fund is a conservative KiwiSaver fund managed by AMP. It has 387 members and holds $19 million. It opened in 2022.
Fees and returns
- Annual fee
- 1.25% of your balance each year
- Return over 1 year
- +1.6% a year
- Return over 3 years
- +4.2% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International fixed interest 36%, new zealand fixed interest 34%, cash and cash equivalents 14%, international equities 7%.
Largest holdings
- Milford Conservative Fund 100.0%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +1.6% |
| 2024/25 | +5.1% |
| 2023/24 | +5.9% |
| 2022/23 | +0.2% |
About this fund
This is AMP's wrapper providing access to the Milford Conservative Fund, managed by Milford. It is a diversified fund investing mainly in fixed interest with a moderate allocation to shares, aiming for moderate returns and capital protection over at least three years. Accessed through AMP's scheme, it has an annual fund charge of 1.25%.