PATHFINDER KIWISAVER PLAN
Pathfinder Kiwisaver Growth Fund
Recent material changes
Diffs we track across PDS, SIPO, holdings + fee history
- View SIPO history →SIPOMATERIALMar 2026Asset allocation ranges: changedMaterial policy change in SIPO dated Mar 2026
- View holdings changes →HoldingsMATERIALMar 2026Top-10 turnover: 6 new, 6 droppedQuarter-on-quarter (Sept 2025 → Mar 2026)
About this growth fund
The Pathfinder Kiwisaver Growth Fund is a growth-focused scheme fund within the PATHFINDER KIWISAVER PLAN. It holds 69 percent in growth assets and 28 percent in income assets, with the remainder in cash and other holdings. This allocation positions the fund toward capital growth over the medium to long term, sitting at the growth end of Pathfinder's fund range.
Over the five-year period to 31 March 2026, the scheme fund delivered an average annual return of 5.56 percent. The fund charges an annual fee of 1.37 percent, which sits above the peer-median fee of 1.11 percent for growth-type funds in its cohort. The fund manages $381.9 million across 7,753 members. Past performance is not a reliable indicator of future returns.
A risk indicator of 4 out of 7 on the FMA scale places this scheme fund in the moderate-to-higher risk range. Funds at this risk level typically suit members with a medium to long investment timeframe who can tolerate moderate fluctuations in their balance. Members should consider their own circumstances and investment horizon before selecting any KiwiSaver scheme fund. Past performance is not a reliable indicator of future returns.
Holdings
As of 2026-03-31 Pathfinder Kiwisaver Growth Fund reports an asset mix of 69% growth assets (shares, listed property, alternatives) and 28% income assets (cash, bonds, fixed interest). This split is typical for a growth fund. The full asset-mix breakdown including overseas vs domestic and listed vs unlisted exposure appears in the asset-allocation chart below.
Performance
Pathfinder Kiwisaver Growth Fund's most recent QFU is dated 2026-03-31. The 5-year average annual return reported in the most recent QFU is 5.56%. Past performance is not a reliable indicator of future returns.
Fees
At 1.37% in annual charges, Pathfinder Kiwisaver Growth Fund's fee sits 0.26 percentage points above the median for Growth KiwiSaver scheme funds in our coverage (median 1.11%). 51 of the 67 funds in this cohort charge a lower annual fee (this fund ranks 52 cheapest of 67). Fee level is a mechanical signal — does not factor in returns, risk, or manager skill.
Risk and suitability
Pathfinder Kiwisaver Growth Fund carries a risk indicator of 4/7 on the FMA risk scale. Risk indicator 3-4 funds are typically considered for members with a medium investment horizon (3-10 years) or those balancing growth potential against shorter-term volatility. FundCompare does not provide personalised advice; consult a licensed financial adviser to understand whether this risk profile fits your circumstances.
Returns
5.56%
Five Year Average Return
Returns (green) show the fund’s growth over the five years to 31 March 2026, after fees and taxes. Compare these results with the average Growth KiwiSaver scheme fund (light green).
5.56% for this fund — category median 5.46% across 43 Growth KiwiSaver scheme funds at 31 March 2026. This fund ranks 15 of 43 (65th percentile) by five-year after-fee return.
Past performance is not an indicator of future performance.
Fees
1.37%
One Year Average Fees
Fees shown here (blue) represent what you would pay over a year if you had $30,000 invested in this fund. Compare them with the average fees for Growth KiwiSaver scheme funds (light blue).
Asset Mix
The fund’s mix of growth assets (shares, property) and income assets (bonds, cash) as of 31 March 2026. The average mix forgrowth KiwiSaver scheme funds is shown in light blue.
Key Takeaways
Here’s the provider’s overview of the managed fund:
“ An ethical portfolio with a higher exposure to growth assets and a lower exposure to income assets. This Fund’s value is likely to fluctuate more than the Balanced Fund or Conservative Fund. ”
When can I get my money out?
This is a fund within a KiwiSaver scheme, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.
Asset mix
This fund's asset mix
Average for Growth funds
Your investment mix shapes your outcome
The balance of assets you choose — your asset allocation, has the biggest impact on how your investments perform and how much their value may rise or fall along the way. Selecting that balance is crucial. By adjusting the proportion of growth-oriented investments you include, you’re effectively setting your preferred level of risk. Generally, taking on more risk can increase the potential for higher returns, but there’s never a guarantee — that’s the nature of risk. To find an allocation suited to your personal circumstances (sometimes called your risk profile), you can start with an investor risk questionnaire or a KiwiSaver-specific guide.
Top 10 investments
These assets make up 21.68% of this fund.
| Asset | Asset Class | Type | Country | % of Fund | |
|---|---|---|---|---|---|
 | ANZ | 6.00 | |||
 | Westpac | 3.65 | |||
 | Microsoft Corporation | 1.99 | |||
 | Healthcare Ltd | 1.94 | |||
 | NVIDIA Corp | 1.87 | |||
 | Apple Inc | 1.78 | |||
 | Alphabet Inc Class A | 1.49 | |||
 | Infratil Ltd | 1.02 | |||
 | Broadcom Inc | 0.98 | |||
 | Bank Ltd | 0.96 |
Holdings changes
We have one quarter of holdings data on file (31 Mar 2026). The first comparison appears once the next Quarterly Fund Update is ingested.
Fees
1.37%
This Fund
1.04%
Average Growth Kiwisaver funds
The blue segment shows the annual fees you’d pay if you invested $30,000 in this fund. The grey segment represents the typical yearly fees for an average Growth KiwiSaver scheme fund, so you can compare them directly.
Smaller Fees, Bigger Potential
When it comes to investing, spending more doesn’t automatically lead to stronger results. In fact, higher fund fees can often eat into your returns. Remember, what you keep is calculated after fees and taxes are deducted. Because no one can predict how any fund will perform, it’s generally wise to look for options with lower costs whenever you can.
Fees breakdown
| Fee Type | % Over a year | Amount paid on a 30k balance |
|---|---|---|
| total Total fund charges | 1.28% | — |
Returns
5.56%
This Fund
5.21%
Average Growth Kiwisaver funds
Over the past five years, this fund delivered the average annual return shown here (in green) to investors, after fees and taxes (28% PIR) were applied. For comparison, the average return over the same period for all Growth KiwiSaver scheme funds is shown in grey.
Returns: Reflecting the Past
Investing is about seeking returns, but the figures shown here represent historical performance—they cannot be relied upon to continue in the future. Selecting a fund solely based on past performance is not advisable. A well-informed decision should consider factors such as an appropriate investment mix for your goals and reasonable fees.
Risks
Risk indicator
This indicator reflects how much the investment’s value has fluctuated over time. It is calculated from the fund’s five-year performance, or from a comparable market index if the fund has a shorter history.
Additional details
Manager information
| Name | PATHFINDER ASSET MANAGEMENT LIMITED |
| Type | NZ Limited Company |
| Website | path.co.nz |
| NZBN | 9429032418927 |
| FSP Number | FSP34682 |
Fund information
| Asset liquidity ratio | 1.00% |
| Total value of fund | $381932809.74 |
| Debt ratio | 0.24% |
Fee + return history
View detailed history →Quarterly fees and after-tax returns recorded against this fund since inception. Sourced from FMA Disclose Quarterly Fund Updates. The detailed view shows the full chart + per-quarter data table.
PDS changes
View detailed PDS history →Material changes to the Product Disclosure Statement over time — fee adjustments, asset-allocation shifts, scheme-rule amendments. Diff against the previous PDS shown side-by-side in the detailed view.
Holdings changes
View detailed holdings diff →Top-10-holdings additions, removals, and weight changes across quarters. Shows the manager's actual portfolio decisions over time, sourced from the fund's Quarterly Fund Update.
SIPO changes
View detailed SIPO history →Statement of Investment Policy and Objectives revisions — investment objective rewrites, asset-class target shifts, ESG policy changes, derivatives policy changes. The detailed view diffs against prior SIPO versions.
AI · API · Markdown
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Identifiers
- FMA fund code
- FND14930
- FSP number
- FSP34682
- NZBN
- 9429032418927
- Provider
- Pathfinder
- Scheme
- PATHFINDER KIWISAVER PLAN
Endpoints for Pathfinder Kiwisaver Growth Fund
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print(data["fund_name" if "fund" == "fund" else "name"])MCP (Claude Desktop / ChatGPT)
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claude mcp add --transport http fundcompare https://fundcompare.co.nz/mcp
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# URL: https://fundcompare.co.nz/mcp
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{ "mcpServers": { "fundcompare": {
"command": "npx", "args": ["-y", "mcp-remote", "https://fundcompare.co.nz/mcp"]
} } }
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