Get Involved

Get a Weapons Free Fund

Most Kiwis want to avoid weapons in their KiwiSaver or Investment funds. Here are weapons-free options.

Cut ties with Weapons Investment

80% of Kiwis don’t want firearms, cluster bombs, nuclear weapons or other military weapons in their KiwiSaver or other investment fund. A growing number of investors recognise the massive human suffering and environmental damage that results from weapons and choose not to invest in weapons producers.

In 2016, after a public outcry, many KiwiSaver providers excluded manufacturers of cluster bombs and landmines. In the wake of the Christchurch shootings, some have excluded firearms, such as semi-automatic weapons. But these exclusions are narrowly-drawn categories. For many investors, the issue is broader. They don’t want their KiwiSaver fund to include any companies that make profits from weapons manufacturers. 

From Mindful Money's analysis of fund investments at end March 2026, $612 million of KiwiSaver money and $791 million of retail investments was invested in companies involved in the manufacture of weapons.

The proportion of weapons in overall investment has risen significantly over the past year, with many investors unwittingly investing in companies that produce nuclear weapons, firearms or other weapons categories.

What does Weapons Free mean?

Weapons free means no investments in the following: 

Nuclear Weapons – Where companies are involved in the manufacturing or sale of nuclear weapons or components or services thereof.

Controversial Weapons - Where companies are involved in the manufacturing or retail of controversial weapons (e.g., landmines and cluster munitions) or components or services thereof.

Firearms - Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.

Military Weapons - Where companies derive >10% of revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.

Read more about our methodology for identifying weapons companies here.

Weapons Free Funds

The following funds hold our Weapons Free badge, meeting our criteria above. 



CONSERVATIVE FUND

BALANCED FUND

GROWTH FUND

HIGH GROWTH FUND

Pathfinder KiwiSaver Funds offer you ethical investments that aim to respect people, our planet and animals, without compromising on returns. Pathfinder is a boutique fund manager based in Auckland. They started investing ethically in 2010, and now manage 10 funds, with their research and expertise focused on investing responsibly and ethically in global markets. Pathfinder seeks out companies actively making a positive difference and believes these kinds of companies also make better long-term financial investments. To Pathfinder, investing ethically means making conscious choices for doing good with the money they manage. They want their investors to both do good and do well.

The Pathfinder KiwiSaver funds have no investments in companies in weapons category.

KiwiSaver & Investment Funds free from Weapons

The following is a list of the funds that have fully excluded weapons from their portfolio (Mindful Money measures the level of investment down to 0.01% of the portfolio).

Note: the list focuses on funds that are invested globally and avoid weapons. In addition to these funds, Australasian-focused funds are not invested in weapons since there are no major listed weapons companies in NZ and Australia. The list includes only aggressive, growth or balanced funds that have at least 35% in equities. There are other weapons free funds beyond these requirements - use the Fund Checker to be sure.

KiwiSaver Funds free from Weapons (based on March 2026 data)

  • AMP KiwiSaver Australasian Shares Fund
  • Aurora KiwiSaver Balanced Strategy
  • Aurora KiwiSaver Growth Fund
  • Aurora KiwiSaver RetirementPlus Age 50
  • Aurora KiwiSaver RetirementPlus Age 65
  • Fisher Funds KiwiSaver Plan Aggressive Fund
  • Fisher Funds KiwiSaver Plan Default Fund
  • Fisher Funds KiwiSaver Plan GlidePath Age 25
  • Fisher Funds KiwiSaver Plan GlidePath Age 40
  • Fisher Funds KiwiSaver Plan Growth Fund
  • Fisher Funds KiwiSaver Scheme GlidePath Age 30
  • Fisher Funds KiwiSaver Scheme Growth Fund
  • Fisher Funds Two KiwiSaver Scheme Equity Fund
  • Fisher Funds Two KiwiSaver Scheme GlidePath Age 25
  • Fisher Funds Two KiwiSaver Scheme GlidePath Age 40
  • Fisher Funds Two KiwiSaver Scheme Growth Fund
  • Generate KiwiSaver Australasian Fund
  • GoalsGetter KiwiSaver Amova SRI Equity Fund
  • Goalsgetter KiwiSaver Pathfinder Ethical Growth Fund
  • Goalsgetter KiwiSaver Salt Capital Growth Fund
  • InvestNow KiwiSaver Castle Point Trans-Tasman Fund
  • InvestNow KiwiSaver Fisher Funds Growth Fund
  • InvestNow KiwiSaver Harbour Australasian Equity Focus Fund
  • InvestNow KiwiSaver Mercer Responsible Balanced Fund
  • InvestNow KiwiSaver Mint Australasian Equity Fund
  • InvestNow KiwiSaver Mint Diversified Growth Fund
  • InvestNow KiwiSaver Pathfinder Ethical Growth Fund
  • InvestNow KiwiSaver Salt Capital Growth Fund
  • Kernel KiwiSaver Global ESG (NZD Hedged) Fund
  • Kernel KiwiSaver Global ESG Fund
  • Kernel KiwiSaver S&P Global Dividend Aristocrats Fund
  • Kōura KiwiSaver Emerging Markets Equities Fund
  • NZ Funds KiwiSaver Balanced Fund
  • NZ Funds KiwiSaver Inflation Strategy
  • OneAnswer KiwiSaver Australasian Share Fund
  • Pathfinder KiwiSaver Balanced Fund
  • Pathfinder KiwiSaver Growth Fund
  • Pathfinder KiwiSaver High Growth Fund
  • QuayStreet KiwiSaver Altum Fund
  • QuayStreet KiwiSaver Australian Equity Fund
  • Sharesies KiwiSaver Fisher Funds Growth Fund
  • Sharesies KiwiSaver Pathfinder Ethical Growth Fund
  • Summer KiwiSaver Australian Equities
  • Supereasy KiwiSaver Aggressive Fund
  • Supereasy KiwiSaver Automatic Fund (Age 20)
  • SuperLife KiwiSaver Australian Dividend Fund

Investment Funds free from Weapons (based on March 2026 data)

  • Amova Concentrated Equity Fund
  • Amova Core Equity Fund
  • Amova SRI Equity Fund
  • AMP Australasian Shares Fund
  • Betashares Australian Sustainability Leaders Fund
  • Betashares Global Sustainability Leaders Fund
  • Betashares Global Sustainability Leaders Fund (NZD Hedged)
  • BNZ Private Wealth Series Australasian Equity Active Fund
  • BNZ Private Wealth Series Australasian Equity Fund
  • Booster Income 99 Fund
  • Castle Point Ranger Fund
  • Castle Point Trans-Tasman Fund
  • Clarity Dividend Yield Fund
  • Clarity Trans-Tasman Value Fund
  • Devon Alpha Fund
  • Devon Australian Fund
  • Devon Dividend Yield Fund
  • Devon Sustainability Fund
  • Devon Trans-Tasman Fund
  • Epoch Global Quality Select Equity (Hedged) Fund
  • Epoch Global Quality Select Equity Fund
  • First Sentier Global Listed Infrastructure Fund
  • Fisher Funds Aggressive Fund
  • Fisher Funds Australian Growth Fund
  • Fisher Funds Global Fund
  • Fisher Funds Growth Fund
  • Fisher Funds International Growth Fund
  • Fisher Funds Investment Balanced Fund
  • Fisher Funds Investment Growth Fund
  • Fisher Funds Lifesaver Equity Fund
  • Fisher Funds Lifesaver Growth Fund
  • Fisher Funds Lifesaver Trans Tasman Equity Fund
  • Fisher Funds Premium Australian Fund
  • Fisher Funds Premium Diversified International Equity Fund
  • Fisher Funds Premium International Fund
  • Fisher Funds Trans Tasman Equity Trust
  • Forsyth Barr Global Sustainability Fund
  • Franklin Templeton Brandywine Global Opportunistic Equity Fund
  • Generate Australasian Managed Fund
  • Harbour Australasian Equity Focus Fund
  • Harbour Australasian Equity Fund
  • Harbour Australasian Equity Income Fund
  • Harbour Income Fund
  • Hyperion Australian Growth Companies PIE Fund
  • Hyperion Global Growth Companies PIE Fund
  • Kernel Global ESG (NZD Hedged) Fund
  • Kernel Global ESG Fund
  • Kernel Global Infrastructure (NZD Hedged) Fund
  • Kernel Global Infrastructure Fund
  • Kernel S&P Global Dividend Aristocrats Fund
  • Mercer Macquarie Global Listed Infrastructure Fund
  • Mercer Responsible Trans-Tasman Shares Fund
  • Milford Trans-Tasman Equity Fund
  • Mint Australasian Equity Fund
  • Mint Diversified Growth Fund
  • Nanuk New World Active PIE
  • Norfolk Mortgage Trust
  • NZ Funds Global Infrastructure
  • NZ Funds Global Macro
  • NZ Funds Income Generator
  • NZ Funds New Zealand and Australian Shares
  • NZ Funds Wealth Builder - Inflation Strategy
  • Octagon Australian Equities Fund
  • OneAnswer SAC Australian Share Fund
  • OneAnswer SAC International Listed Infrastructure Fund
  • Pathfinder Ethical Growth Fund
  • Pathfinder Ethical Trans-Tasman Fund
  • Pathfinder Global Responsibility Fund
  • Pella Global Generations PIE Fund
  • PG Income Opportunities Fund
  • Pie Australasian Dividend Growth Fund
  • Pie Australasian Growth 2 Fund
  • Pie Australasian Growth Fund
  • QuayStreet Altum Fund
  • QuayStreet Australian Equity Fund
  • Resolution Capital Global Listed Infrastructure PIE Fund
  • Russell Investments Global Listed Infrastructure Fund
  • Salt Capital Growth Fund
  • Salt Global Listed Infrastructure Fund
  • Salt Income Fund
  • Salt Select Global Shares Fund
  • Smart Australian Dividend ETF
  • Smart Australian ESG ETF
  • Smart Australian Mid Cap ETF
  • SuperLife Australian Dividend Fund
  • SuperLife Australian Mid Cap Fund
  • TAHITO Te Tai O Rehua Fund
  • Tempo Aus Companies Fund
  • The Curve Fund
  • Trust Management - ESG Australasian Share Fund

Want to know more?

Check out our seminar on Getting Our Money Out of Nuclear Weapons

You can find all our articles on weapons free investing here.