Funds

Pathfinder Global Property Fund

Companies of Concern

From the Fund Provider

  • About this fund

    About this Fund

    The Fund invests directly in listed property companies that satisfy Pathfinder’s ethical investment criteria. The Fund targets a portfolio of 50 to 100 property companies.

    Value $15.1M NZD
    Period of data report 31st March 2025
    Fund started 23rd July 2015
    Total annual fund fees 1.0%
    Total performance based fees 0.0%
    Manager's basic fee 1.0%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    John Berry

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

    Wayne Ross

    Currently: CIO (1 years, 2 months)
    Previously: Newton Ross - Founder and Director (20 years, 0 months)

    Kent Fraser

    Currently: Chair of Investment Committee (8 years, 6 months)
    Previously: (None years, None months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • 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
    2025 4.07% 1.67%
    2024 15.78% 14.96%
    2023 -4.85% -21.86%
    2022 3.53% 9.92%
    2021 35.55% 16.3%
    2020 -7.06% -18.87%
    2019 10.17% 15.97%
    2018 7.53% 1.01%
    2017 9.49% 0.99%

    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 fund has filed with Disclose register to 31st March 2025.

  • Investments

    Top 10 Investments

    • Welltower Inc

      United States Listed Property

      4.2%
    • Prologis Inc

      United States Listed Property

      3.79%
    • Digital Realty Trust Inc

      United States Listed Property

      3.55%
    • American Tower Corp

      United States Listed Property

      3.43%
    • Cash At Bank – NZD Westpac

      New Zealand Cash and Equivalents AA-

      3.3%
    • Ventas Inc

      United States Listed Property

      2.92%
    • Simon Property Group Inc

      United States Listed Property

      2.91%
    • Cash At Bank – USD Interactive Brokers

      United States Cash and Equivalents A-

      2.55%
    • Public Storage

      United States Listed Property

      2.52%
    • Avalonbay Communities Inc

      United States Listed Property

      2.51%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 6.47%
    New Zealand Fixed Interest 0.0% 1.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 4.02%
    International Equities 0.0% 0.0%
    Listed Properties 100.0% 88.51%
    Unlisted Properties 0.0% 0.0%
    Other 0.0% 0.0%
    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 fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 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
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

About this Fund

The Fund invests directly in listed property companies that satisfy Pathfinder’s ethical investment criteria. The Fund targets a portfolio of 50 to 100 property companies.

Value $15.1M NZD
Period of data report 31st March 2025
Fund started 23rd July 2015
Total annual fund fees 1.0%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

John Berry

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

Wayne Ross

Currently: CIO (1 years, 2 months)
Previously: Newton Ross - Founder and Director (20 years, 0 months)

Kent Fraser

Currently: Chair of Investment Committee (8 years, 6 months)
Previously: (None years, None months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 4.07% 1.67%
2024 15.78% 14.96%
2023 -4.85% -21.86%
2022 3.53% 9.92%
2021 35.55% 16.3%
2020 -7.06% -18.87%
2019 10.17% 15.97%
2018 7.53% 1.01%
2017 9.49% 0.99%

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 fund has filed with Disclose register to 31st March 2025.

Top 10 Investments

  • Welltower Inc

    United States Listed Property

    4.2%
  • Prologis Inc

    United States Listed Property

    3.79%
  • Digital Realty Trust Inc

    United States Listed Property

    3.55%
  • American Tower Corp

    United States Listed Property

    3.43%
  • Cash At Bank – NZD Westpac

    New Zealand Cash and Equivalents AA-

    3.3%
  • Ventas Inc

    United States Listed Property

    2.92%
  • Simon Property Group Inc

    United States Listed Property

    2.91%
  • Cash At Bank – USD Interactive Brokers

    United States Cash and Equivalents A-

    2.55%
  • Public Storage

    United States Listed Property

    2.52%
  • Avalonbay Communities Inc

    United States Listed Property

    2.51%
Type Target Actual
Cash and Cash Equivalents 0.0% 6.47%
New Zealand Fixed Interest 0.0% 1.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 4.02%
International Equities 0.0% 0.0%
Listed Properties 100.0% 88.51%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
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 fund has filed with Disclose register to 31st March 2025.