Medtech key to new funds on InvestNow

Listing the Milford Aggressive Fund and Salt Sustainable Growth Fund platform, brings the number of InvestNow schemes to 40 funds from 15 different managers.

The Milford Aggressive Fund, which is all equities (around 70% global and 25% local) will sit on the platform alongside Milford’s Growth Fund.

During an InvestNow fund manager panel Milford’s Stephen Johnston said the fund follows a thematic style.

“We are looking for where the tailwinds are blowing the strongest. There are megathemes; our Aussie team talks about the three Ds: demographics (the ageing population), decarbonisation, which is driving an investment boom, and deglobalisation. Then there are more niche subthemes like precision agriculture and the cashless society.”