NZ Funds Growth vs Milford Active 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 | NZ Funds Growth | Milford Active Growth |
|---|---|---|
| 5-Year Average Return | -0.83% | 6.82% |
| Annual Fees | 1.95% | 1.05% |
| Risk Indicator (1-7) | 6 | 4 |
| Growth Assets | 99.91% | 74.8% |
| Fund Type | Aggressive | Growth |
| Provider | NZ Funds | Milford |
| Fund Size | $940.5M | $8447.3M |
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.
NZ Funds Growth
NZ Funds
Milford Active Growth
Milford
Frequently Asked Questions
What are the fees for NZ Funds Growth vs Milford Active Growth?
NZ Funds Growth has fees of 1.95% while Milford Active Growthhas fees of 1.05%. Lower fees compound to significant savings over a lifetime of investing.
What is the risk level difference?
NZ Funds Growth has a risk indicator of 6 while Milford Active Growthhas a risk indicator of 4. 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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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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