Performance and returns
We’ve been awarded for the quality of our returns by Research IP.
Pathfinder KiwiSaver Funds
Performance, Comparison Against Benchmark and Unit Price
To help you evaluate the performance of our funds, we compare them against a 'benchmark' that is independent and repetitive of the assets and markets that our funds invest in.
| Fund | 1 Month | 6 Month | 1 Year | 3 Years (p.a.) | 5 Years (p.a.) | 10 Years (p.a.) | Since Inception* (p.a.) | Unit Price 12/05/2026 |
|---|---|---|---|---|---|---|---|---|
| Pathfinder KiwiSaver ConservativeVS | 1.05% | -0.76% | 3.84% | 5.11% | 3.43% | - | 4.02% | $1.30 |
| Benchmark: Morningstar® Target Allocation Index: Conservative Multisector for New Zealand | 0.71% | -0.03% | 4.42% | 4.86% | 2.42% | - | 3.15% | |
| Pathfinder KiwiSaver BalancedVS | 3.54% | -0.09% | 11.35% | 8.97% | 5.88% | - | 7.33% | $1.60 |
| Benchmark: Morningstar® Target Allocation Index: Balanced Multisector for New Zealand | 2.74% | 1.55% | 13.82% | 10.01% | 6.39% | - | 7.69% | |
| Pathfinder KiwiSaver GrowthVS | 4.74% | 0.24% | 15.42% | 10.64% | 6.79% | - | 9.75% | $1.86 |
| Benchmark: Morningstar® Target Allocation Index: Growth Multisector for New Zealand | 3.73% | 2.36% | 18.72% | 12.47% | 8.43% | - | 9.99% | |
| Pathfinder KiwiSaver High GrowthVS | 5.99% | 1.01% | 18.02% | - | - | - | 20.60% | $1.22 |
| Benchmark: Morningstar® Target Allocation Index: Aggressive Multisector for New Zealand | 5.00% | 3.55% | 24.93% | - | - | - | 26.72% |
Past performance is no guarantee of future return. We encourage all investors to seek financial advice prior to making investment decisions. Learn more about the Research IP awards here. *Inception date for our Conservative, Balanced, and Growth Funds: July 2019. The inception date for the High Growth Fund is April 2025. Our High Growth Fund does not have a full year's performance; therefore, since inception performance is not annualised.
The Morningstar® Target Allocation Index: Growth Multisector for New Zealand (non-New Zealand Fixed Interest 100% hedged to NZD. The index is gross of dividends and tax except for International Equities and International Listed Properties, which are gross of dividends after deducting the tax withheld) is used to calculate market index returns for performance period after 1 December 2021. Earlier market index returns are calculated using the composite indices described here.
The Morningstar® Target Allocation Index: Balanced Multisector for New Zealand (non-New Zealand Fixed Interest 100% hedged to NZD. The index is gross of dividends and tax except for International Equities and International Listed Properties, which are gross of dividends after deducting the tax withheld) is used to calculate market index returns for performance period after 1 December 2021. Earlier market index returns are calculated using the composite indices described here.
The Morningstar® Target Allocation Index: Conservative Multisector for New Zealand (non-New Zealand Fixed Interest 100% hedged to NZD. The index is gross of dividends and tax except for International Equities and International Listed Properties, which are gross of dividends after deducting the tax withheld) is used to calculate market index returns for performance period after 1 December 2021. Earlier market index returns are calculated using the composite indices described here.
The Morningstar® Target Allocation Index: Aggressive Multisector for New Zealand (non-New Zealand Fixed Interest 100% hedged to NZD. The index is gross of dividends and tax, except for International Equities and International Listed Properties, which are gross of dividends after deducting the tax withheld.) is used to calculated market index returns for performance period after 1 April 2025.
Performance and market index comparison as at 30/04/2026 (after fees, 0% PIR)
Pathfinder Managed Funds
Performance, Market Index Comparison and Unit Price
To help you evaluate the performance of our funds, we compare them against a 'benchmark' that is independent and repetitive of the assets and markets that our funds invest in.
| Fund | 1 Month | 6 Month | 1 Year | 3 Years (p.a.) | 5 Years (p.a.) | 10 Years (p.a.) | Since Inception* (p.a.) | Unit Price 12/05/2026 |
|---|---|---|---|---|---|---|---|---|
| Ethical GrowthVS | 4.71% | 0.22% | 15.28% | 10.60% | 5.94% | - | 7.52% | $1.49 |
| Benchmark: Morningstar Target Allocation Index: Growth Multisector for New Zealand | 3.73% | 2.36% | 18.72% | 12.47% | 7.98% | - | 9.20% | |
| Ethical Trans-TasmanVS | 0.40% | -8.58% | -0.51% | 2.74% | 0.47% | - | 5.92% | $1.42 |
| Benchmark: NZX50/ASX200 Gross Index | 1.44% | -1.22% | 12.75% | 7.22% | 4.99% | - | 5.80% | |
| Global ResponsibilityVS | 8.69% | 4.75% | 29.87% | 16.70% | 11.08% | - | 11.27% | $2.46 |
| Benchmark: Morningstar Developed Markets Index | 8.02% | 5.80% | 29.97% | 20.44% | 13.05% | - | 13.17% | |
| Global PropertyVS | 5.85% | 3.13% | 11.39% | 8.77% | 2.00% | 2.77% | 2.82% | $1.28 |
| Benchmark: FTSE Developed Markets REIT Index | 7.78% | 9.70% | 17.29% | 9.51% | 3.33% | 4.23% | 4.19% | |
| Global WaterVS | 4.06% | -1.10% | 11.53% | 8.53% | 5.64% | 8.29% | 8.60% | $3.45 |
| Benchmark: NASDAQ OMX Global Water Index | 5.66% | 1.20% | 12.03% | 11.74% | 7.28% | 10.34% | 9.24% | |
| Green BondVS | 0.19% | -1.05% | 1.04% | 2.54% | - | - | 2.51% | $1.10 |
| Benchmark: Bloomberg Global Aggregate Index | 0.19% | -0.65% | 1.32% | 3.22% | - | - | 3.95% |
Past performance is no guarantee of future return. We encourage all investors to seek financial advice prior to making investment decisions. Details of each market index can be found in our SIPO.
*Inception dates: Pathfinder Global Water Fund April 2010 | Pathfinder Global Property Fund June 2015 | Pathfinder Global Responsibility Fund August 2017 | Pathfinder Ethical Trans-Tasman Fund September 2019 | Pathfinder Ethical Growth Fund August 2020 | Pathfinder Green Bond Fund January 2023
The Morningstar® Target Allocation Index: Growth Multisector for New Zealand is used to calculate market index returns for performance period after 1 October 2021. Earlier market index returns are calculated using the composite indices described here.
Global Responsibility Fund: For the period from Fund inception to 30 April 2026, benchmark hedged returns are assessed using a simplified proxy methodology which is calculated using monthly rebalancing. From 1 May 2026, we will use the Solactive GBS Developed Market Investable Universe Index ex Australia Large Mid Cap (on a net total return basis, including dividends and net of withholding tax, 50% hedged to NZD). For further details about this new index and the hedging methodology please refer to this blog.
Global Water Fund: For the period from Fund inception to 30 April 2026, benchmark hedged returns are assessed using a simplified proxy methodology which is calculated using monthly rebalancing. From 1 May 2026, we are going to use the Solactive GBS Developed Markets Water All Cap (net total return basis; that is, including dividends and net of withholding tax, 50% hedged to NZD). For further details about this new index and the hedging methodology please refer to this blog.
Performance and market index comparison as at 30/04/2026 (after fees, 0% PIR)