Funds

This is a Mindful fund Pathfinder KiwiSaver High Growth Fund

Fund type: Aggressive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 1.27%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Total Ethical Concerns: 1.29%

The average total concerns of all KiwiSaver aggressive funds is 10.67%.

Companies of Concern

  • Human Rights Violations 0.45%

    • Uber Technologies, Inc.
      0.45%
      0.45%

  • Fossil Fuels 0.84%

    • Contact Energy Ltd.
      0.84%
      1.5°C
      This company is on a 1.5°C pathway
      0.84%

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Aggressive fund

    Past Returns: No 3 year data yet
    Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
    Annual Fees: 1.27%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    An ethical portfolio with a higher exposure to growth assets than income assets. The value of the Fund could move up or down significantly and is likely to fluctuate more than the other Funds in the Pathfinder KiwiSaver Plan.

    Pathfinder is a boutique fund manager based in Auckland. We started investing ethically in 2010, and now manage 9 funds, with our research and expertise focused on investing responsibly and ethically in global markets. We seek out companies actively making a positive difference and believe these kinds of companies also make better long-term financial investments. Investing ethically to us means making conscious choices for doing good with the money we manage. We want our investors to both do good and do well.

    Value $5.25M NZD
    Period of data report 30th June 2025
    Members 229
    Fund started 11th April 2025
    Total annual fund fees 1.27%
    Total performance based fees 0.0%
    Manager's basic fee 1.25%
    Other management and administration charges 0.02%
    Total other charges 27.0
    Total other charges currency NZD

    Key Personnel

    John Berry

    Currently: CEO (16 years, 3 months)
    Previously: Deutsche Bank - Consultant (5 years, 0 months)

    David Lewis

    Currently: CIO (0 years, 2 months)
    Previously: Milford Asset Management Limited (8 years, 5 months)

    Kent Fraser

    Currently: Chair of Investment Committee (8 years, 9 months)
    Previously: (None years, None months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

    • No attachments

  • Past Returns

    Past Returns

    Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

    Year Market Average Fund Annual Return

    The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

  • Investments

    Top 10 Investments

    • Cash At Bank - Westpac

      New Zealand Cash and Equivalents AA-

      5.3%

    • Microsoft Corporation

      United States International Equities

      2.69%

    • Cash At Bank - ANZ

      New Zealand Cash and Equivalents AA-

      1.6%

    • Infratil Ltd

      New Zealand Australasian Equities

      1.34%

    • Nvidia Corp

      United States International Equities

      1.3%

    • Fisher & Paykel Healthcare Ltd

      New Zealand Australasian Equities

      1.21%

    • Broadcom Inc

      United States International Equities

      1.06%

    • Meridian Energy Limited

      New Zealand Australasian Equities

      0.96%

    • Digital Realty Trust Inc

      United States International Equities

      0.93%
    Type Target Actual
    Cash and Cash Equivalents 4.0% 20.73%
    New Zealand Fixed Interest 2.0% 1.47%
    International Fixed Interest 4.0% 2.8%
    Australasian Equities 19.0% 18.31%
    International Equities 59.0% 50.93%
    Listed Properties 5.0% 5.71%
    Unlisted Properties 0.0% 0.0%
    Other 7.0% 0.05%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th June 2025 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.45% Human Rights Violations
  • 0.0% Social Harm
  • 0.84% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

  • Human Rights Violations

    • Uber Technologies, Inc.
      0.45%
      0.45%

  • Fossil Fuels

    • Contact Energy Ltd.
      0.84%
      1.5°C
      This company is on a 1.5°C pathway
      0.84%

About this Fund

Fund type: Aggressive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 1.27%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

An ethical portfolio with a higher exposure to growth assets than income assets. The value of the Fund could move up or down significantly and is likely to fluctuate more than the other Funds in the Pathfinder KiwiSaver Plan.

Pathfinder is a boutique fund manager based in Auckland. We started investing ethically in 2010, and now manage 9 funds, with our research and expertise focused on investing responsibly and ethically in global markets. We seek out companies actively making a positive difference and believe these kinds of companies also make better long-term financial investments. Investing ethically to us means making conscious choices for doing good with the money we manage. We want our investors to both do good and do well.

Value $5.25M NZD
Period of data report 30th June 2025
Members 229
Fund started 11th April 2025
Total annual fund fees 1.27%
Total performance based fees 0.0%
Manager's basic fee 1.25%
Other management and administration charges 0.02%
Total other charges 27.0
Total other charges currency NZD

Key Personnel

John Berry

Currently: CEO (16 years, 3 months)
Previously: Deutsche Bank - Consultant (5 years, 0 months)

David Lewis

Currently: CIO (0 years, 2 months)
Previously: Milford Asset Management Limited (8 years, 5 months)

Kent Fraser

Currently: Chair of Investment Committee (8 years, 9 months)
Previously: (None years, None months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

  • No attachments

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

Top 10 Investments

  • Cash At Bank - Westpac

    New Zealand Cash and Equivalents AA-

    5.3%

  • Microsoft Corporation

    United States International Equities

    2.69%

  • Cash At Bank - ANZ

    New Zealand Cash and Equivalents AA-

    1.6%

  • Infratil Ltd

    New Zealand Australasian Equities

    1.34%

  • Nvidia Corp

    United States International Equities

    1.3%

  • Fisher & Paykel Healthcare Ltd

    New Zealand Australasian Equities

    1.21%

  • Broadcom Inc

    United States International Equities

    1.06%

  • Meridian Energy Limited

    New Zealand Australasian Equities

    0.96%

  • Digital Realty Trust Inc

    United States International Equities

    0.93%
Type Target Actual
Cash and Cash Equivalents 4.0% 20.73%
New Zealand Fixed Interest 2.0% 1.47%
International Fixed Interest 4.0% 2.8%
Australasian Equities 19.0% 18.31%
International Equities 59.0% 50.93%
Listed Properties 5.0% 5.71%
Unlisted Properties 0.0% 0.0%
Other 7.0% 0.05%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30th June 2025 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.