Amp Kiwisaver Scheme
Milford Active Growth Fund
The Smiths take
Milford Active Growth Fund Smiths Rating B
Smiths' editorial rating, our internal opinion based on 10-year returns and risk band fit. Not a formal credit rating or regulated star rating.
Smiths reviews this fund against every other growth option in NZ on net-of-fees returns and band fit. The full Sorted snapshot is below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Milford Active Growth Fund fits your situation.
A 7+ years timeframe
This is a growth KiwiSaver fund. The provider's recommended minimum holding period sits in the 7+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.
Mostly growth assets
80% growth assets (shares, property) and 20% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
79.91% / 20.09%
Growth / Income · avg 77.80% / 22.20%
Past performance is not a reliable indicator of future performance. Data as at Q1 2026 (31 Mar 2026).
What the provider says
In their own words
“To provide a diversified portfolio that primarily invests in equities, with a moderate allocation to fixed interest securities. The fund's objective is to provide annual returns of 10% after fees (but before tax, cost and expenses), over the minimum recommended investment timeframe of seven years.”
- Fund start date
- 23 February 2022
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 79.91% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
70.85%
avg 71.16%
- Propertythis fundavg
9.06%
avg 4.53%
- Otherthis fundavg
0.00%
avg 2.11%
- Bondsthis fundavg
20.09%
avg 17.08%
- Cashthis fundavg
0.00%
avg 5.12%
What it owns
Top 10 holdings. 100.00% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Milford Active Growth Wholesale Fund No. 2
Fund
FundNZ100.00%
Yearly returns
3 years on the books
This fund hasn't had a full five-year history yet. Below is the year-by-year story so far, with the group average alongside.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation, not on past returns.
Risk indicator
Sorted risk rating: 4 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $109,387,917
- Members
- 3,180
- Asset liquidity ratio
- 100.00%
- Debt ratio
- 0.06%
- Default KiwiSaver fund
- No
- Fund reference
- FND36357
Manager
Amp Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429038259210
- FSP number
- FSP25061
Smiths Health Check
See whether the Milford Active Growth Fund fits your situation.
Take the 90-second Health Check. We'll grade your current setup and give you a personalised recommendation from our advised panel, benchmarked against every fund in the directory, not just amp.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →