Pathfinder Kiwisaver Plan
Pathfinder Kiwisaver Conservative Fund
The Smiths take
Pathfinder Kiwisaver Conservative Fund Smiths Rating B+
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
The fund matches or beats the group average on the standard Sorted measures. Read the full breakdown below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Pathfinder Kiwisaver Conservative Fund fits your situation.
A 3+ years timeframe
This is a conservative KiwiSaver fund. The provider's recommended minimum holding period sits in the 3+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 3 on a 1–7 scale. Smaller swings, lower long-term returns.
Mostly income assets
13% growth assets (shares, property) and 87% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
12.57% / 87.43%
Growth / Income · avg 23.01% / 76.99%
Fees
1.01%
$303 on $30k · avg 3.44%
5-yr return
3.00%
Annualised, after fees & 28% PIR · avg 3.00%
What the provider says
In their own words
“An ethical portfolio with a higher exposure to income assets and a lower exposure to growth assets. This Fund’s value is unlikely to fluctuate as much as the Balanced Fund or Growth Fund.”
- Fund start date
- 23 July 2019
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 12.57% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
9.22%
avg 20.31%
- Propertythis fundavg
0.74%
avg 2.07%
- Otherthis fundavg
2.61%
avg 0.63%
- Bondsthis fundavg
70.23%
avg 56.62%
- Cashthis fundavg
17.22%
avg 20.37%
What it owns
Top 10 holdings. 33.33% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Cash At Bank - Nzd - Anz
Cash
Cash and Cash EquivalentsNZ14.07%Cash At Bank - Nzd - Westpac
Cash
Cash and Cash EquivalentsNZ4.81%New Zealand Government Bond 15/05/2054
Bonds
New Zealand Fixed InterestNZ2.51%New Zealand Local Government Funding Agency Bond 15/04/2037
Bonds
New Zealand Fixed InterestNZ2.10%New Zealand Local Government Funding Agency Ltd. 14/05/2032
Bonds
New Zealand Fixed InterestNZ1.72%Inter-American Development Bank 24/01/2044
Bonds
International Fixed InterestUS1.70%Housing New Zealand 10/09/2035
Bonds
New Zealand Fixed InterestNZ1.70%New Zealand Local Government Funding Agency Ltd. 15/05/2035
Bonds
New Zealand Fixed InterestNZ1.64%New Zealand Government Bond 15/05/2034
Bonds
New Zealand Fixed InterestNZ1.54%Community Refuge Trust 21/03/2026
Bonds
New Zealand Fixed InterestNZ1.54%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
0.80%
avg 0.70%
$240
avg $210
+0.10%Other
Other potential costs not in the categories below.
9.22%
avg 20.31%
-
avg -
−11.09%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.09%
avg 0.05%
$27
avg $15
+0.04%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.01%
avg 3.44%
$303
avg $1,031
Yearly returns
3.00% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 3 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $26,437,405
- Members
- 766
- Asset liquidity ratio
- 97.11%
- Debt ratio
- 0.07%
- Default KiwiSaver fund
- No
- Fund reference
- FND14932
Manager
Pathfinder Kiwisaver Plan
Licensed with the Financial Markets Authority.
- NZBN
- 9429032418927
- FSP number
- FSP34682
Smiths Health Check
Is the Pathfinder Kiwisaver Conservative Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just pathfinder.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →