Milford Active Growth vs Fisher Funds Growth
Side-by-side comparison of fees, returns, and risk data
Last updated: May 2026
General Information Only: This page provides factual data for comparison purposes and does not constitute financial advice. Individual circumstances vary.Read our disclosure
Key Data Comparison
| Metric | Milford Active Growth | Fisher Funds Growth |
|---|---|---|
| 5-Year Average Return | 6.82% | 4.27% |
| Annual Fees | 1.05% | 1.13% |
| Risk Indicator (1-7) | 4 | 5 |
| Growth Assets | 74.8% | 79.49% |
| Fund Type | Growth | Growth |
| Provider | Milford | Fisher |
| Fund Size | $8447.3M | $2796.1M |
Data sourced from FMA Disclose Register. Past performance is not a reliable indicator of future returns.
Historical trend (1 quarter on record)
1-year return over time
Annual after-tax return as published in each FMA Quarterly Fund Update.
Annual fee over time
Total annual fund charges. Persistently lower fees compound to a meaningful difference in member balances.
Quarter-by-quarter observations
Mechanical comparison across the 1 quarter for which both funds have a published Quarterly Fund Update (2026-03-31 to 2026-03-31). Counts only — past performance is not a reliable indicator of future returns.
Lower annual fee
1/1
Quarters in which Milford Active Growth reported a lower annual fee than Fisher Funds Growth.
Higher 1-year return
1/1
Quarters in which Milford Active Growth's reported 1-year return was higher than Fisher Funds Growth's.
Milford Active Growth
Milford
Fisher Funds Growth
Fisher
Frequently Asked Questions
What are the fees for Milford Active Growth vs Fisher Funds Growth?
Milford Active Growth has fees of 1.05% while Fisher Funds Growthhas fees of 1.13%. Lower fees compound to significant savings over a lifetime of investing.
What is the risk level difference?
Milford Active Growth has a risk indicator of 4 while Fisher Funds Growthhas a risk indicator of 5. The risk indicator (1-7 scale) shows expected volatility - higher numbers mean more potential ups and downs.
Can I switch between these funds?
Yes. Switching providers takes 2-3 weeks and is completely free with no penalties. Your new provider handles the paperwork.
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Important Information
Disclaimer: This page provides general information only and does not constitute financial advice under the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider (FAP).
We do not assess suitability, make recommendations, or provide personalised advice. The information shown is sourced from publicly available data and may not reflect current offerings. Past performance is not a reliable indicator of future returns. Investment returns can be negative, and you may receive back less than you invested.
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FundCompare
Compare every fund within a KiwiSaver scheme on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
