FundRock NZ Limited
InvestNow Pathfinder Ethical Growth Fund
InvestNow KiwiSaver SchemeGrowth
What the provider says about this fund
Provides exposure to a diversified ethical portfolio with a higher exposure to growth assets and a lower exposure to income assets
1-year return
8.81%
5-year return p.a.
4.78%
Total annual fee
1.34%
Fund size ($m)
7.2
Members
407
Inception date
4 May 2021
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
71.96%
Income assets
28.04%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 18.28% | 18.00% | 20.20% |
| Cash and equivalents | 10.28% | 7.00% | 6.14% |
| Commodities | 0.00% | 0.00% | 0.14% |
| International bonds | 9.98% | 14.00% | 8.75% |
| International shares | 45.83% | 43.00% | 51.02% |
| Listed property | 5.28% | 4.00% | 3.65% |
| New Zealand bonds | 7.78% | 9.00% | 7.35% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.70% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Pathfinder Ethical Growth Fund | Fund | Fund | NZ | 100.00% |
Fees
1.34% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 1.27% | $381 | 0.92% |
| Other fees | 0.07% | $21 | 0.10% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 1.34% | $402 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2023 | -2.73% | -3.69% |
| 31 March 2024 | 14.25% | 14.25% |
| 31 March 2025 | 2.13% | 3.98% |
| 31 March 2026 | 8.81% | 7.60% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Anthony Sowerby | Investment Committee Member | 6 years |
| Jason Choy | Investment Committee Member | 3 years, 8 months |
| Kimi David | Investment Committee Member | 1 year, 1 month |
| Mike Heath | Investment Committee Member | 6 years |