Milford Australian Absolute Growth Complex ETF Sets DRP Price at $9.8696 for Fiscal Year Ending 30 June 2026

Confirmed DRP Price of $9.8696 for MFO’s June 2026 Distribution Period

Equity Trustees Limited has officially confirmed the Distribution Reinvestment Plan price for the Milford Australian Absolute Growth Complex ETF as $9.8696 for the distribution period ending 30 June 2026. This price determines how distributions will be reinvested into additional units for unitholders who opted into the DRP, replacing cash payments. Setting the DRP price is a routine but critical process for funds offering reinvestment options, providing participating investors with transparency regarding the value at which their distributions convert to units.

The June 2026 distribution amount was previously disclosed in an earlier company announcement. This latest update from Director Andrew Godfrey specifically addresses the DRP price component following that prior disclosure. For unitholders not enrolled in the DRP, this announcement serves as an informational confirmation of the fund’s income distribution process for the fiscal year ended 30 June 2026. The total distribution per unit was not restated here, as it was covered in the earlier update for the same period.

Overview of Milford Australian Absolute Growth Complex ETF and Its Responsible Entity

Listed on the Australian Securities Exchange under ticker MFO, the Milford Australian Absolute Growth Complex ETF operates under a responsible entity framework with Equity Trustees Limited (ACN 004 031 298, AFSL 240975) serving in this role. Equity Trustees Limited is a well-established Australian financial services provider responsible for compliance, administration, and regulatory disclosures for various managed investment schemes and ETFs, including MFO.

Milford acts as the fund manager and can be contacted directly at +61 1800 161 310 or [email protected]. The "Complex ETF" designation indicates that MFO’s structure or strategy may involve features beyond a standard index-tracking ETF, requiring investors to have a higher level of financial understanding or to seek professional advice. The fund aims for "absolute growth" within an Australian-focused mandate, though specific strategies and holdings were not detailed in this update.

Functionality of the Distribution Reinvestment Plan for MFO Investors

The Distribution Reinvestment Plan enables unitholders to receive distributions as additional units rather than cash. The DRP price of $9.8696 per unit is used to calculate how many new units participants receive by dividing their distribution entitlement by this price. This approach benefits income-focused investors who prefer to compound their holdings without incurring brokerage fees from market purchases.

Participation in the DRP requires prior election before the distribution record date. Those not enrolled receive cash distributions. The disclosed DRP price applies to the full financial year ended 30 June 2026. Details such as the number of units issued, total reinvested distribution value, and record/payment dates were included in the earlier company update for the June 2026 period and are not repeated here.

Andrew Godfrey’s Authorisation of the DRP Price Announcement

Andrew Godfrey, Director of Equity Trustees Limited as Responsible Entity for MFO, authorised the release of this DRP pricing update to the Australian Securities Exchange. This authorisation complies with ASX Listing Rules and the Corporations Act, ensuring the information’s accuracy and appropriateness for public disclosure.

His approval reflects Equity Trustees Limited’s regulatory and administrative responsibilities on behalf of MFO unitholders. While the update is operationally straightforward—confirming a single pricing figure—it is vital for transparent fund administration. All formal communications about distributions and DRP pricing for MFO are issued through Equity Trustees Limited, with Milford serving as the primary contact for investor inquiries regarding fund management.

Implications of the $9.8696 DRP Price on MFO Unit Valuation

The DRP price of $9.8696 per unit offers a valuation reference for MFO units for reinvestment purposes at the end of the June 2026 distribution period. Typically, DRP prices are based on the market price or net asset value (NAV) around the distribution date, though the specific calculation method for MFO’s DRP price was not disclosed. Investors should note this price reflects a point-in-time valuation rather than a live market price.

The immediate effect on MFO’s market price was not specified. Investors seeking to compare the DRP price with current trading prices should consult live market data via brokers or the ASX website. This DRP price announcement does not provide guidance on future distributions, unit valuations, or fund performance. No forward-looking statements or portfolio commentary were included in this update.

MFO’s Absolute Growth Strategy within the Australian ETF Landscape

The Milford Australian Absolute Growth Complex ETF participates in Australia’s expanding ETF market, which has grown significantly in product offerings and assets under management. ETFs provide investors with on-exchange access to managed strategies combined with transparent pricing. MFO’s "absolute growth" mandate suggests a goal of positive returns across market cycles, appealing to investors seeking capital appreciation with some downside protection. However, detailed strategy and portfolio information were not provided in this announcement.

The "Complex ETF" classification indicates that MFO may employ active management, leverage, derivatives, or other sophisticated features differing from traditional index funds. Australian regulators require enhanced disclosure for such products to ensure investor awareness of associated risks. Prospective investors should review MFO’s product disclosure statement (PDS) and target market determination (TMD), available from the responsible entity or fund manager, before investing.

Contact Information for MFO Distribution and DRP Queries

Unitholders with questions about distribution entitlements, DRP participation, or the $9.8696 reinvestment price can contact Milford directly at +61 1800 161 310 or via email at [email protected]. These channels provide personalized assistance beyond public disclosures.

Equity Trustees Limited retains formal legal and regulatory responsibilities as Responsible Entity, while Milford manages day-to-day investor relations and fund operations. This dual structure is common in Australia’s managed funds sector. Unitholders unsure of their DRP status or wishing to change distribution preferences should promptly contact Milford to ensure timely processing before the next distribution period.

Investment Risks for MFO Unitholders in the Current Market Environment

As with any ETF, investing in the Milford Australian Absolute Growth Complex ETF involves risks related to the fund’s structure, strategy, and market conditions. The "Complex ETF" status signals potential additional risks from active management, derivatives, liquidity, and possible performance divergence from benchmarks. Past distributions and unit prices do not guarantee future results.

The DRP price of $9.8696 is a snapshot and does not assure future unit values. Distribution amounts may fluctuate based on investment returns and management decisions. This update did not include guidance on future distribution levels or frequency. Investors uncertain about MFO’s suitability for their financial goals or risk tolerance should seek advice from a qualified financial adviser prior to investing.