Green Bond Fund
New Zealand's first dedicated Green Bond Fund. This fund invests exclusively in bonds that allocate money to green purposes including clean transportation, clean water access, increasing resilience to extreme weather events and renewable energy supply networks. A great option if you want a Fund aiming for above average bond market returns over a 3+ year period.
Returns
-1.8%
1 month
—
3 month
—
6 month
—
12 month
Performance figures as of 28/02/23, and are after fees before tax. Past performance is no guarantee of future returns. We encourage all investors to seek independent financial advice prior to making investment decisions. *23/01/23 (date of inception)
Investor Documents
View & download these investor document packs
Investor Notes
We encourage all investors to seek financial advice prior to making investment decisions. 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 28 December 2022 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.
Ethical Approach
The Green Bond Fund invests in fixed income securities that have been classified by Affirmative Investment Management (our sub-investment manager) as Green Bonds. Green Bonds are a type of financing where the money borrowed is used for a specific project targeting climate and environmental solutions.
Diversification
A diversified selection of global companies that score highly on environmental, social and governance ratings.
Target Investment
International Fixed Income 100%
Holdings
The Fund will invest in a global portfolio of predominantly bonds, other fixed or floating rate debt securities and debt securities issued by sovereign, government-related corporate or supranational entities.
Asset Class
International Fixed Income
Fees
Annual Management Fee: 0.6%
Buy/Sell spread
Not applicable for this Fund
Investment Horizon
3+ years
Benchmark
Bloomberg Global Aggregate Index, 100% hedged to New Zealand dollar (gross of dividends)
Current Hedging Target
100%
Risk Level
This fund is suited to investors with a medium-high tolerance to risk and a minimum timeframe of 7+ years.
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. This risk indicator is not a guarantee of a fund’s future performance. As the fund does not have a five year history, the risk indicator was prepared using the relevant market index returns (when the fund was not in existence) and the fund's returns since then. As a result, the risk indicator may provide a less reliable indicator of the potential future volatility of the fund.
