Using the most recent returns from May 2022, we will examine Pathfinder’s recent KiwiSaver Performance.
Pathfinder KiwiSaver Scheme, formerly known as Caresaver Kiwisaver, is an independent fund manager with a strong focus on Responsible Investment (RI). A conservative fund is one of three actively-managed KiwiSaver funds offered by the company, which range from low-risk to high-risk. Pathfinder is a big believer in ethical investing and only invests in companies with high ESG ratings. They believe that these businesses are beneficial for our planet and its people.
During the first week of May, a global sell-off commenced, led by U.S. technology firms, which recorded their largest one-day fall since June 2020. Investors across the world are frightened by high inflation and rising interest rates after the US Federal Reserve’s decision to increase interest rates by 0.50% compared to its prior projection, putting pressure on other central banks around the world to perform aggressive hikes to combat inflation.
Table of Contents
Performance of Pathfinder KiwiSaver Funds
Performance of Pathfinder KiwiSaver Funds
|
1 month |
6 months |
1 year |
Since Inception |
|
|
Conservative |
-0.2% |
-1.3% |
1.8% |
4.2% |
|
Balanced |
-1.4% |
-0.8% |
5.4% |
9.1% |
|
Growth |
1.8% |
-1.2% |
8.2% |
13.7% |
Sourced from Pathfinder fund performance report
* These returns are to April 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 3 May 2022.
Pathfinder Conservative Fund
The Pathfinder Conservative Fund aims to provide exposure to a portfolio of ethical income assets and a lower exposure to growth assets. The Conservative Fund has a 1-month return of -0.2% and a 1-year return of 1.8% lower since the inception of the fund return of 4.2%.
*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.
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 53.87% of the fund.
Pathfinder Balanced Fund
The Pathfinder Balanced Fund aims to provide exposure to a portfolio of ethical growth assets and income assets. The Balanced Fund has a 1-month return of 1.4% and a 1-year return of 5.4% lower since the inception of the fund return of 9.1%.
*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.
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 33.41% of the fund.
Pathfinder Growth Fund
The Pathfinder Growth Fund aims to provide exposure to a portfolio of ethical growth assets and a lower exposure to income assets. The Growth Fund has a 1-month return of 1.8% and a 1-year return of 6.8% lower since the inception of the fund return of 14%.
*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.
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 23.45% 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.