{
  "@context": "https://schema.org",
  "@type": "Dataset",
  "name": "Product Disclosure Statement history — milford KiwiSaver Scheme",
  "description": "Every extracted PDS version for the milford KiwiSaver Scheme with consecutive-pair diffs. Sourced from FMA Disclose register + provider websites. Updated when a new PDS reissue is ingested.",
  "url": "https://fundcompare.co.nz/api/pds/milford/facts.json",
  "creator": {
    "@type": "Organization",
    "name": "FundCompare NZ",
    "url": "https://fundcompare.co.nz"
  },
  "isBasedOn": {
    "@type": "Dataset",
    "name": "FMA Disclose register",
    "url": "https://disclose-register.companiesoffice.govt.nz/"
  },
  "license": "Information only — not financial advice (FMCA s23 / Schedule 1).",
  "scheme": "milford",
  "count": 7,
  "earliest_period": "2017-03-31",
  "latest_period": "2025-06-18",
  "pds_versions": [
    {
      "period_date": "2017-03-31",
      "management_fee": null,
      "member_fee": null,
      "buy_sell_spread": "0.20",
      "performance_fee": "15.35% p",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": "BNZ",
      "supervisor": "Public Trust",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-17T01:50:25.008+00:00"
    },
    {
      "period_date": "2019-03-31",
      "management_fee": "0.95",
      "member_fee": "113",
      "buy_sell_spread": null,
      "performance_fee": "10%** over the minimum\nrecommended investment\ntimeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-21T14:28:39.26+00:00"
    },
    {
      "period_date": "2020-03-31",
      "management_fee": "0.20",
      "member_fee": "36",
      "buy_sell_spread": null,
      "performance_fee": "10%* over the minimum\nrecommended investment\ntimeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-21T14:28:42.662+00:00"
    },
    {
      "period_date": "2021-06-30",
      "management_fee": "0.20",
      "member_fee": "18",
      "buy_sell_spread": null,
      "performance_fee": "10%* over\nthe minimum recommended investment\ntimeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-21T14:28:47.959+00:00"
    },
    {
      "period_date": "2023-06-30",
      "management_fee": "0.20",
      "member_fee": "105",
      "buy_sell_spread": null,
      "performance_fee": "10%* over the minimum recommended\ninvestment timeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-21T14:28:52.874+00:00"
    },
    {
      "period_date": "2024-06-30",
      "management_fee": "0.20",
      "member_fee": "105",
      "buy_sell_spread": null,
      "performance_fee": "10%* over the minimum recommended\ninvestment timeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-21T14:29:00.424+00:00"
    },
    {
      "period_date": "2025-06-18",
      "management_fee": "0.20",
      "member_fee": "105",
      "buy_sell_spread": null,
      "performance_fee": "10%* over the minimum recommended\ninvestment timeframe",
      "currency_hedging": null,
      "external_manager": null,
      "custodian": null,
      "supervisor": "Trustees Executors Limited",
      "raw_summary": "Milford PDS extracted: 4 fields populated.",
      "extracted_at": "2026-05-17T01:50:21.97+00:00"
    }
  ],
  "consecutive_changes": [
    {
      "from_period": "2017-03-31",
      "to_period": "2019-03-31",
      "changed_fields": [
        {
          "field": "management_fee",
          "prior": null,
          "current": "0.95"
        },
        {
          "field": "buy_sell_spread",
          "prior": "0.20",
          "current": null
        },
        {
          "field": "member_fee",
          "prior": null,
          "current": "113"
        },
        {
          "field": "performance_fee",
          "prior": "15.35% p",
          "current": "10%** over the minimum\nrecommended investment\ntimeframe"
        },
        {
          "field": "custodian",
          "prior": "BNZ",
          "current": null
        },
        {
          "field": "supervisor",
          "prior": "Public Trust",
          "current": "Trustees Executors Limited"
        }
      ],
      "is_material_fee_change": true
    },
    {
      "from_period": "2019-03-31",
      "to_period": "2020-03-31",
      "changed_fields": [
        {
          "field": "management_fee",
          "prior": "0.95",
          "current": "0.20"
        },
        {
          "field": "member_fee",
          "prior": "113",
          "current": "36"
        },
        {
          "field": "performance_fee",
          "prior": "10%** over the minimum\nrecommended investment\ntimeframe",
          "current": "10%* over the minimum\nrecommended investment\ntimeframe"
        }
      ],
      "is_material_fee_change": true
    },
    {
      "from_period": "2020-03-31",
      "to_period": "2021-06-30",
      "changed_fields": [
        {
          "field": "member_fee",
          "prior": "36",
          "current": "18"
        },
        {
          "field": "performance_fee",
          "prior": "10%* over the minimum\nrecommended investment\ntimeframe",
          "current": "10%* over\nthe minimum recommended investment\ntimeframe"
        }
      ],
      "is_material_fee_change": true
    },
    {
      "from_period": "2021-06-30",
      "to_period": "2023-06-30",
      "changed_fields": [
        {
          "field": "member_fee",
          "prior": "18",
          "current": "105"
        },
        {
          "field": "performance_fee",
          "prior": "10%* over\nthe minimum recommended investment\ntimeframe",
          "current": "10%* over the minimum recommended\ninvestment timeframe"
        }
      ],
      "is_material_fee_change": true
    }
  ],
  "related_surfaces": {
    "html_per_fund": "https://fundcompare.co.nz/funds/milford/{fund-slug}/pds-history",
    "mcp_tool": "get_pds_history (scheme=\"milford\") at https://fundcompare.co.nz/mcp",
    "markdown": "https://fundcompare.co.nz/api/pds/milford/timeline.md",
    "atom_feed": "https://fundcompare.co.nz/changes/milford/feed.atom"
  }
}