MILFORD KIWISAVER PLAN
Milford Kiwisaver Active Growth Fund — holdings changes
Top-10 portfolio holdings extracted from each FMA-mandated Quarterly Fund Update. The diff below shows what entered, exited, grew, or shrank between the two most recent quarters on file.
Comparing
7 September 2025 → 31 March 2026
Entered
5
Exited
5
Grew / Shrank / Held
2 / 3 / 0
Entered the top 10
- New Zealand Government4.50% of fund
- National Grid Plc2.37% of fund
- Aramark Corporation2.20% of fund
- Taiwan Semiconductor Manufacturing Co., Ltd.1.76% of fund
- USD Cash Current Account (HSBC)1.68% of fund
Exited the top 10
- NEW ZEALAND GOVERNMENT BOND 4.5% 15/05/2035Bondswas 3.68%
- AMAZON.COM INCShareswas 2.59%
- MICROSOFT CORPORATIONShareswas 2.34%
- FISERV INCShareswas 1.96%
- ARAMARK LTDShareswas 1.70%
Increased weighting
- SSE Plc1.70% → 2.69% (+0.99 pp)
- NatWest Group Plc2.16% → 2.30% (+0.14 pp)
Decreased weighting
- NZD Cash Current Account (HSBC)2.99% → 2.00% (-0.99 pp)
- Contact Energy Ltd2.34% → 1.88% (-0.46 pp)
- CRH Plc1.98% → 1.69% (-0.29 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| New Zealand Government | — | — | 4.50% |
| SSE Plc | — | — | 2.69% |
| National Grid Plc | — | — | 2.37% |
| NatWest Group Plc | — | — | 2.30% |
| Aramark Corporation | — | — | 2.20% |
| NZD Cash Current Account (HSBC) | — | — | 2.00% |
| Contact Energy Ltd | — | — | 1.88% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | — | — | 1.76% |
| CRH Plc | — | — | 1.69% |
| USD Cash Current Account (HSBC) | — | — | 1.68% |
Data sources
- FMA Disclose register — Quarterly Fund Updates
- Provider websites — issuer-published QFU PDFs
Top-10 holdings are a snapshot only; funds may hold many more positions outside the top-10. General information only — not financial advice.