Funds
Pathfinder Global Water Fund
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
This fund has no investments in issues of concern
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
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 2024 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.
About this fund
In their own words
The Fund invests directly in companies involved in the water industry globally that satisfy Pathfinder’s ethical investment criteria. The Fund targets a portfolio of 50 to 100 water companies.
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 | $71.0M NZD |
| Period of data report | 30th June 2024 |
| Fund started | 21st April 2010 |
| Total annual fund fees | 1.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.3% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
John Berry |
Currently: CEO (15 years, 3 months) |
|
Wayne Ross |
Currently: CIO (0 years, 5 months) |
|
Kent Fraser |
Currently: Chair of Investment Committee (7 years, 9 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.
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 |
|---|---|---|
| 2024 | 14.61% | 18.9% |
| 2023 | -4.85% | 1.39% |
| 2022 | 3.53% | 4.05% |
| 2021 | 35.55% | 32.63% |
| 2020 | -7.06% | -1.56% |
| 2019 | 10.17% | 7.39% |
| 2018 | 7.53% | 4.84% |
| 2017 | 9.49% | 9.73% |
| 2016 | 4.71% | 5.39% |
| 2015 | 14.67% | 6.78% |
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 30th June 2024.
Top 10 Investments
-
Cash At Bank-NZD- Westpac
New Zealand Cash and Equivalents AA-7.99% -
Veolia Environment
France International Equities5.37% -
Pentair Inc
United States International Equities5.37% -
Xylem Inc
United States International Equities5.22% -
Veralto Corp
United States International Equities4.91% -
Roper Industries Inc
United States International Equities4.21% -
Ferguson PLC
United Kingdom International Equities4.02% -
Itron Inc
United States International Equities3.33% -
Organo Corp
Japan International Equities3.04% -
Danaher Corp
United States International Equities3.02%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 7.52% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 2.04% |
| International Equities | 100.0% | 90.44% |
| Listed Properties | 0.0% | 0.0% |
| 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 against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.