KiwiSaver Funds
Awarded Mindful Money's Best Ethical KiwiSaver five years running
Let’s get started
What makes us different?
We invest for the world we want.
With a strong focus on quality returns.
Leaders in ethical investing for over a decade, we’re working to leave things better than how we found them.
Strong Ethical Credentials
Our Growth, Balanced and Conservative KiwiSaver funds are independently certified by the Responsible Investment Association of Australasia (RIAA). A form of quality control, RIAA verify our investment process is fit-for-purpose, that our Funds are true-to-label and that we’re active stewards of your money.
Mindful Money (an independent charity providing transparency for investors in NZ) certifies the Pathfinder KiwiSaver Growth & Balanced Funds as: Animal Cruelty Free, Weapons Free, Climate Friendly, Human Rights Violations Free and Social Harm Free. Our High Growth Fund is too new for certification currently & our Conservative Fund is just as friendly but not included in the verification.
Compare our funds:
Choose the right fund for your risk tolerance.
| KiwiSaver Conservative | KiwiSaver Balanced | KiwiSaver Growth | KiwiSaver High Growth | |
|---|---|---|---|---|
| Return focus | Modest | Medium | Medium to High | High |
| Risk focus | Lower | Medium | Higher | Higher |
| Likely fluctuation in value | Less than the Balanced, Growth and High Growth Funds | More than Conservative Fund but less than Growth and High Growth Funds | More than the Balanced or Conservative Funds but less than the High Growth Fund | More than the Growth, Balanced or Conservative Funds |
| Minimum suggested time frame | 3+ years | 5+ years | 8+ years | 10+ years |
| Estimated fund fees | 0.96% p.a. | 1.17% p.a. | 1.28% p.a. | 1.27% p.a. |
| Fund return since inception | 4.2% p.a. | 7.4% p.a. | 9.8% p.a. | 11.7% |
Find the fund for you:
Our Product Disclosure Statement (PDS) contains information to help you decide whether to invest in our funds. We review and update it regularly. Our latest PDS dated 3 April 2025 (which replaces the PDS dated 25 July 2024) has been lodged with the Registrar and is available to download here or on request from us. Units in the Funds are issued by Pathfinder Asset Management Limited.
Inception date for our Conservative, Balanced and Growth Funds is July 2019. Inception date for our High Growth Fund is April 2025.
We're proud of our strong returns
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 21/08/2025 |
|---|---|---|---|---|---|---|---|---|
| KiwiSaver ConservativeVS | 0.1% | 1.43% | 4.08% | 4.7% | 4.1% | - | 4.2% | $1.28 |
| Benchmark: Morningstar® Target Allocation Index: Conservative Multisector for New Zealand | 0.45% | 2.06% | 4.57% | 3.7% | 2.6% | - | 3.06% | |
| KiwiSaver BalancedVS | 0.82% | 1.14% | 5.33% | 7.25% | 7.75% | - | 7.36% | $1.53 |
| Benchmark: Morningstar® Target Allocation Index: Balanced Multisector for New Zealand | 1.85% | 2.4% | 8.14% | 7.8% | 7.66% | - | 7.36% | |
| KiwiSaver GrowthVS | 1.14% | 0.81% | 5.65% | 8.13% | 9.43% | - | 9.75% | $1.74 |
| Benchmark: Morningstar® Target Allocation Index: Growth Multisector for New Zealand | 2.58% | 2.5% | 9.86% | 9.84% | 10.29% | - | 9.54% | |
| KiwiSaver High GrowthVS | 0.89% | - | - | - | - | - | - | $1.12 |
| Benchmark: Morningstar® Target Allocation Index: Aggressive Multisector for New Zealand | 3.43% | - | - | - | - | - | - |
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 is used to calculated market index returns for performance period after 1 April 2025.
Performance and market index comparison as at 31/07/2025 (after fees, 0% PIR)
Pick Pathfinder and you’ll be investing in...
We focus on investing positively. This includes selecting well-managed, quality companies that meet our ethical standards and, where we can, private companies that have real-world impact.
Emily
Emily O'Hara, Auckland
"Pathfinder helps me feel optimistic about what the future can hold.”
Are you ready to invest in better?
Grab your IRD number, drivers license, or passport.
It'll take around 3 minutes.
Ready to start?
Join or Switch