Using the most recent returns from 31 December 2021, we will examine Pathfinder’s recent KiwiSaver Performance.
Pathfinder focuses on investing in areas like renewable energy, energy efficiency, and fair access to safe water to contribute to the United Nations Sustainability Goals. They rate potential investments on how well they score in categories such as labour standards, community impact, ecological footprint, shareholder rights, and anti-corruption.
Overall, the annual returns of Pathfinder’s KiwiSaver Funds had been relatively lower compared to the since inception returns. This might be caused by the new Covid-19 variant outbreak and the vaccine mandate in New Zealand. However, it is important for investors to note that past performance is not indicative of future performance.
Table of Contents
Performance of Pathfinder KiwiSaver Funds
News about Pathfinder
Pathfinder’s KiwiSaver Plan is carbon neutral, does not invest in fossil fuel companies, and has a core theme of renewable energy. They strive to be carbon-neutral as they believe that ethical investing can generate good financial returns. Moreover, they were also awarded the Best Ethical KiwiSaver Fund by Mindful Money in 2021.
Performance of Pathfinder KiwiSaver Funds
|
1 month |
6 months |
1 year |
Since Inception |
|
|
Conservative |
-0.8% |
-1.5% |
2.6% |
4.4% |
|
Balanced |
-1.9% |
-3.1% |
5.9% |
8.8% |
|
Growth |
-2.7% |
-4.3% |
8.2% |
13.7% |
Sourced from Pathfinder fund performance report
* These returns are to 28 February 2022 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from Pathfinder Quarterly Fund updates published on 14th February 2022.
Pathfinder Conservative Fund
The Fund is an ethical portfolio with more exposure to income assets and less exposure to growth assets. This fund’s value is unlikely to fluctuate as much as the Pathfinder KiwiSaver Balanced Fund or Pathfinder KiwiSaver Growth Fund. The Conservative Fund has had a 1-year return of 2.6%, which is lower than the since inception return of 4.4%. The lower returns could due to increasing market volatility as a result of Covid-19.
*The following is Sourced from Pathfinder Conservative Fund Update
Returns
Fees
The total annual fees for investors in the Pathfinder Conservative Fund are 0.84% per year, with no performance or individual action fees.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Pathfinder’s top 10 investments in the Conservative KiwiSaver Fund, which make up 57.67% of the fund.
Pathfinder Balanced Fund
The Fund is an ethical portfolio with a balanced exposure to growth assets and income assets. This fund’s value is likely to be more volatile than the Pathfinder KiwiSaver Conservative Fund and less volatile than the Pathfinder KiwiSaver Growth Fund. The return of since inception is significantly higher than the current 1-year return of this fund (8.8% and 5.9% respectively).
*The following is Sourced from Pathfinder Balanced Fund Update
Returns
Fees
The total annual fees for investors in the Pathfinder Balanced Fund are 1.14% per year, with no performance or individual action fees.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Pathfinder’s top 10 investments in the Balanced KiwiSaver Fund, which make up 35.12% of the fund.
Pathfinder Growth Fund
The Fund is an ethical portfolio with a higher exposure to growth assets and lower exposure to income assets. This fund’s value is likely to fluctuate more than the Pathfinder KiwiSaver Balanced Fund or Pathfinder KiwiSaver Conservative Fund. Like the Pathfinder Conservative and Balanced funds, Pathfinder Growth Fund also shows a lower 1-year return compared to the since inception return (8.2% and 13.7% respectively).
*The following is Sourced from Pathfinder Growth Fund Update
Returns
Fees
The total annual fees for investors in the Pathfinder Growth Fund are 1.29% per year, with no performance or individual action fees.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Pathfinder’s top 10 investments in the Growth KiwiSaver Fund, which make up 19.55% of the fund.
Data for Pathfinder KiwiSaver funds has been sourced from Pathfinder KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if Pathfinder has the appropriate fund that aligns with your values, retirement goals and situation, complete National Capital’s KiwiSaver Healthcheck.