Pathfinder Global Responsibility Fund

Join this fund »
Mindful Fund
Type: Aggressive fund
Past Returns: *2.51%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.93%

Annual fees, including any membership and % management fee.

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.


Human Rights & Environmental Violations

Animal Testing

Henkel Ag & Co Kgaa 0.520%
Kao Corporation 0.520%
Colgate-Palmolive Co 0.510%
Unilever Nv-Cva 0.490%
Kimberly-Clark Corp 0.490%
Johnson Matthey Plc. 0.450%
Reckitt Benckiser Group Plc 0.370%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 2020 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 and research organisations.

A summary of this fund and its details.

Number FND7234
Name Pathfinder Global Responsibility Fund
Risk profile Aggressive fund
Description The Fund invests in global equities that satisfy Pathfinder’s socially responsible screening. It achieves this by investing in Pathfinder’s wholesale Responsible Investment Fund which targets a portfolio of 250 stocks.
Value $5.8M NZD
Members 21
Market index description Morningstar Developed Markets Index 50% hedged to NZ dollars
Period of data report Tue June 30th 2020
Fund started Mon Oct. 2nd 2017
Three-year average return *2.51%
Market index past year return -4.98%
Past year return net of charges and tax 2.35%
Past year return net of charges gross of tax 2.29%
Market index return since fund started 2.00%
Return since fund started net 2.39%
Total annual fund fees 0.93%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Administration charges 0.63%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

  • John Berry

    Currently: Pathfinder Asset Management - Chief Executive Officer (11 years, 0 months)
    Previously: Deutsche Bank - Consultant (4 years, 9 months)

  • Paul Brownsey

    Currently: Pathfinder Asset Management - Chief Investment Officer (11 years, 0 months)
    Previously: Deutsche Bank - Director (5 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

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
2020 -7.57% 2.35%
2019 10.01% 2.67%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Cash At Bank - NZD - Om Financial
    New Zealand Cash and Equivalents
    27.78%
  • Cash At Bank - Jpy - Om Financial
    Japan Cash and Equivalents
    1.18%
  • Goldman Sachs Group Inc/The
    United States International Equities
    1.16%
  • Nintendo Co Ltd
    Japan International Equities
    0.81%
  • Solaredge Technologies Inc
    United States International Equities
    0.79%
  • Cash At Bank - AUD - Om Financial
    Australia Cash and Equivalents
    0.75%
  • Keyence Corp
    Japan International Equities
    0.68%
  • Sap Se
    Germany International Equities
    0.67%
  • Zurich Insurance Group Ag
    Switzerland International Equities
    0.66%
  • Gilead Sciences Inc
    United States International Equities
    0.66%

This information has been sourced from the quarterly data that each fund has filed with Disclose register 30 June 2020 .

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 1.04%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 98.96%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30 June 2020 .

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    3.35%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.88%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words: "The Fund invests in global equities that satisfy Pathfinder’s socially responsible screening. It achieves this by investing in Pathfinder’s wholesale Responsible Investment Fund which targets a portfolio of 250 stocks."

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.