PATHFINDER KIWISAVER PLAN
Pathfinder Kiwisaver Conservative Fund — holdings changes
Top-10 portfolio holdings extracted from each FMA-mandated Quarterly Fund Update. The diff below shows what entered, exited, grew, or shrank between the two most recent quarters on file.
Comparing
7 September 2025 → 31 March 2026
Entered
9
Exited
10
Grew / Shrank / Held
0 / 0 / 0
Entered the top 10
- The top 10 investments make up29.60% of fund
- ANZ39.25% of fund
- Westpac35.94% of fund
- Bond 15/05/20542.61% of fund
- Agency Bond 15/04/20372.17% of fund
- Agency Ltd. 14/05/20321.79% of fund
- Bond 15/05/20341.73% of fund
- Agency Ltd. 15/05/20351.70% of fund
- KFW 28/02/20341.32% of fund
Exited the top 10
- CASH AT BANK - NZD - ANZCashwas 18.83%
- NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY LTD. 15/05/2054Bondswas 3.86%
- EUROPEAN INVESTMENT BANK BOND 14/02/2033Bondswas 2.95%
- KFW DEVELOPMENT BANK 28/02/2034Bondswas 2.72%
- CASH AT BANK- NZD- WESTPACCashwas 2.38%
- NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY BOND 15/04/2037Bondswas 2.03%
- COMMUNITY REFUGE TRUST 21/03/2026Bondswas 1.75%
- THE EXPORT-IMPORT BANK OF KOREA BOND 28/11/2029Bondswas 1.54%
- ANZ BANK BOND 17/09/2031Bondswas 1.21%
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| ANZ3 | — | — | 9.25% |
| Westpac3 | — | — | 5.94% |
| The top 10 investments make up | — | — | 29.60% |
| Bond 15/05/2054 | — | — | 2.61% |
| Agency Bond 15/04/2037 | — | — | 2.17% |
| Agency Ltd. 14/05/2032 | — | — | 1.79% |
| Bond 15/05/2034 | — | — | 1.73% |
| Agency Ltd. 15/05/2035 | — | — | 1.70% |
| KFW 28/02/2034 | — | — | 1.32% |
Data sources
- FMA Disclose register — Quarterly Fund Updates
- Provider websites — issuer-published QFU PDFs
Top-10 holdings are a snapshot only; funds may hold many more positions outside the top-10. General information only — not financial advice.