MILFORD FUNDS LIMITED KiwiSaver Review
Independent analysis of MILFORD FUNDS LIMITED's KiwiSaver scheme based on FMA data, performance metrics, and fee structures. Last updated: May 2026.
Quick Summary
✅ Key Highlights
- • Established provider: $14.6B in total assets
- • Good choice: 6 fund options available
- • Highest 5-yr return: Milford Kiwisaver Active Growth Fund (6.82% over 5 years)
- • Premium KiwiSaver options
- • Focused on long-term wealth growth
📊 At a Glance
- • Average fees: 0.88% per year
- • 5-year returns: 4.47%
- • Fund options: 6 funds
- • Total members: 214k+
- • Assets under management: $14.6B
Milford provides premium investment and KiwiSaver options focused on long-term wealth growth.
Performance Analysis
All Milford KiwiSaver Scheme Funds
| Fund Name | Type | 5-Year Return | Fees | Risk | Members |
|---|---|---|---|---|---|
| Milford Kiwisaver Active Growth Fund | Growth | 6.82% | 1.05% | 4/7 | 103,069 |
| Milford Kiwisaver Aggressive Fund | Aggressive | 6.37% | 1.15% | 5/7 | 57,626 |
| Milford Kiwisaver Balanced Fund | Balanced | 4.88% | 1.05% | 4/7 | 33,149 |
| Milford Kiwisaver Moderate Fund | Conservative | 3.63% | 0.95% | 3/7 | 6,964 |
| Milford Kiwisaver Conservative Fund | Conservative | 2.57% | 0.85% | 3/7 | 9,299 |
| Milford Kiwisaver Cash Fund | Defensive | 2.55% | 0.20% | 1/7 | 3,610 |
Is Milford Right For You?
✅ Good Fit If You:
- •Want proven fund management
- •Want choice between multiple fund types
- •Prefer an established, large-scale provider
- •Have 20+ years until retirement
🔍 Compare Alternatives If:
- •You want the absolute lowest fees (check Simplicity, Kernel)
- •You want providers with stronger performance (check Milford, Fisher Funds)
- •You prefer ethical/sustainable investing
- •You're buying your first home soon
Compare Alternatives
Consider these alternatives to find a match for your goals:
AE KIWISAVER LIMITED
Always Ethical provides ethical KiwiSaver and investment funds that focus on responsible investing.
AMP WEALTH MANAGEMENT NEW ZEALAND LIMITED
AMP offers KiwiSaver and investment solutions with a strong track record and flexible options.
ANZ NEW ZEALAND INVESTMENTS LIMITED
ANZ provides a wide range of KiwiSaver and investment funds tailored for diverse financial goals.
AROTAHI TRUST LIMITED
Arotahi delivers KiwiSaver and investment solutions with a focus on secure and sustainable growth.
Ready to Compare All Providers?
See how Milford stacks up against all 30+ KiwiSaver providers side-by-side.
Disclaimer: This analysis is based on publicly available data from the FMA and provider disclosures as of October 2025. Past performance does not guarantee future results. This is not financial advice. Please consult a licensed financial adviser before making investment decisions.
Data sources: FMA KiwiSaver Quarterly Reports, MILFORD FUNDS LIMITED Product Disclosure Statements, provider websites.
