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An ethical portfolio invested in growth and income assets. The Fund undertakes ethical investing to achieve medium to high returns with a higher risk focus.
Risk Indicator (volatility)
Target Asset Allocation
This number indicates the relative 'risk' level of this fund based on the types of assets it is invested in, ranging from level 1 (least risky) to 7 (most risky).
| Risk category | Description of volatility |
| 1 | Very low |
| 2 | Low |
| 3 | Medium |
| 4 | Medium to High |
| 5 | High |
| 6 | Very high |
| 7 | Extremely high |
The risk indicators are calculated using returns of the funds, the returns of the fund’s market index or a combination of both, for the previous five years. Index returns or a mix are used if the fund has existed for less than five years. All Managers are required to use the same methodology so you can compare the risk of different funds if you are researching more than one manager.
Pathfinder Asset Management, founded in 2009, is a New Zealand-based ethical fund manager owned by Alvarium Wealth New Zealand. Initially offering thematic equity funds, Pathfinder has since expanded into global equities and multi-asset products. After acquiring full ownership in 2021, founders John Berry and Paul Brownsey became CEO and CIO. Alvarium New Zealand, established in 2017, operates across property development, financial advice, and funds management.
| One month | Three months | One year | Three years (p.a) | Five years (p.a) | |
|---|---|---|---|---|---|
| Fund performance1 | 1.96% | 5.05% | |||
| Appropriate Market Index (AMI)2 | 2.84% | 4.56% |
AMI (appropriate market index) is a theoretical portfolio with similar underlying assets as the fund. This allows investors to see a comparison of how the value of those assets have changed in the market relative to the fund.
| Security Name | Percentage |
|---|---|
| Pathfinder Ethical Growth Fund | 98.75% |
| Cash and cash equivalents | 1.25% |
