Above this line sits the current hero. This proposal starts right below it.
Where to start
Two ways to invest with us. And one if you're not sure.
Pick the one that sounds like you.
For retirement, or a first home
Pathfinder
KiwiSaver Plan
You save through your pay, with your employer and the government chipping in.
Conservative · Balanced · Growth · High Growth
See the KiwiSaver funds →Outside KiwiSaver
Pathfinder
Managed Funds
You've got savings to put to work, and you'd like to reach them before 65.
Ethical Growth · Ethical Trans-Tasman · Global Responsibility · Global Property · Global Water · Green Bond
See the Managed Funds →Two minutes
Not sure
which one?
Six questions and we'll tell you which fund fits.
No personal details. You can change funds later.
Take the quiz →What we won't fund
Your KiwiSaver makes choices every day. Are they choices you'd make?
Everyone says ethical. These are the lines we won't cross, with the numbers attached. The percentage is how much of a company's revenue can come from that activity before we're out.
Respecting People
Human rights and healthy communities
- Controversial weapons0%
- Civilian semi-automatics0%
- Military weapons and services5%
- Tobacco and nicotine, made0%
- Tobacco and nicotine, sold10%
- Gambling operators0%
- Alcohol, made5%
- Adult entertainment, made0%
Respecting our Planet
Biodiversity and climate action
- Fossil fuel extraction5%
- Coal with no transition plan0%
- Fossil fuel power5%
- Fossil fuel distribution5%
- Palm oil5%
- GMOs in the food chain5%
Respecting Animals
Cruelty free investments. No revenue threshold here: any involvement at all and we're out.
- Animal testingNone
- Factory farmingNone
- Fish farmingNone
- Live animal exportNone
- WhalingNone
- Animals for entertainmentNone
We publish the awkward bits too.
When a company lands in a grey area, it goes on a public register. So does every exception we grant to our own policy.
Where your money does go
Avoiding harm is the floor. Funding good is the point.
Your KiwiSaver is probably the biggest pool of money you will ever personally direct. It is voting every day, whether you are watching or not.
The exclusions are the half you can see. This is where the money actually lands. Green bonds, renewable electricity, community housing, and New Zealand companies building the things that need building.
- Lodestone and Motion
- New Zealand energy, held directly. Planet.
- Positive Property
- Community housing. People.
- Community Finance bonds
- Social outcomes inside our NZ bonds. People.
minimum of our global fixed income in certified green bonds
projects funded, through 100+ green bond issuers 2025
of our NZ bond portfolio in labelled green, social or sustainable bonds June 2026
minimum holding in renewable electricity across global equities June 2026
About returns
You shouldn't have to choose between your principles and your retirement.
Most people assume investing ethically must cost them something. It hasn't.
Ethical doesn't have to mean cautious either. Our High Growth Fund is exactly what it says on the tin.
Every fund, every period, next to its market index →
Pathfinder KiwiSaver Growth Fund
10.01%a year, every year, since we opened in 2019. After fees.
| And the rest | A year | Last year |
|---|---|---|
| Conservative | 4.00% | 2.80% |
| Balanced | 7.52% | 8.47% |
| High Growth | opened 2025 | 14.41% |
As at 30 July 2026, after fees, 0% PIR. Past performance is no guarantee of future return.
Only ethical
We don't have a non-ethical fund. There isn't one.
Plenty of providers offer one ethical fund alongside everything else. If they believe those other investments do harm, why are they still happy to invest someone else's money in them?
We have only ever offered ethical funds, since 2010. It isn't a product line. It's the whole company.
- 1% of revenue, given away every year
- To people, our planet and animals. Not profit, revenue.
- Certified B Corp
- Aotearoa's first B Corp ethical investment manager. Audited on how the business behaves, not just the portfolio.
- 100% New Zealand owned
- Our investments include Kiwi companies building the things that need building.
See for yourself
Don't take our word for it. Take the list.
Checked by people who aren't us
Certified by RIAA and B Lab. Signatories to the UN Principles for Responsible Investment and the Aotearoa NZ Stewardship Code.
And checked monthly by us
Every company is researched, screened against external data and reviewed by our ethics forum each month. If it breaches the policy, we sell it.
Independently certified
People who already moved their money
“Investing has a major effect on society on a global scale.”
Selio4 min
“Pathfinder are switched on about climate change.”
Glen1 min
“Pathfinder helps me feel optimistic about what the future can hold.”
Emily4 min
Twelve more people, in their own words, on why they moved their money.
All the stories →
Still deciding?
Start with whatever's on your mind.
Ready to invest in better?
Grab your IRD number and your driver's licence or passport.
Already with another provider? We handle the transfer. No forms to chase, no call to your employer, no gap in your contributions.
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