Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Ethical Investment Awards: Combining Ethical With Great Returns

Ethical fund manager Pathfinder won three categories at Tuesday’s Mindful Money Awards:

  • Best Ethical KiwiSaver Fund Provider
  • Best Ethical Retail Investment Fund Provider
  • Best Media Reporting on Ethical Investing

Pathfinder CEO John Berry said “we’re excited, very excited. This recognises our work over the last decade to become leaders in ethical investment and positively impact our planet and people.”

Berry says further great news is that ethical returns do not come at a cost. Pathfinder’s KiwiSaver is delivering ‘top of the table’ investment returns – for example since launch in July 2019 Pathfinder’s Growth KiwiSaver has returned 11.23% per annum. This is the number one growth fund and is a full 5.0% per annum ahead of the market average over the 2 year and 10 month period*.

Pathfinder’s conservative and balanced funds are similarly top tier performers. This is consistent with the mounting evidence globally that investing ethically does not cost in terms of returns.

According to Berry “we want to generate the best possible financial returns for our investors, and we want to achieve this with an ethical focus. We are out to generate individual wealth and collective well-being.”

Berry added that investing ethically is “an unstoppable long-term shift not only in New Zealand but across the globe. Investors are choosing ethical options and it doesn’t hurt returns. It’s not a fad, this is the future.”

*Data from Morningstar for the period 31 July 2019 to 31 May 2022 covering 29 KiwiSaver growth funds.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Bell Gully: Uncertainty Ahead With New Unconscionable Conduct Legislation

new prohibition against ‘unconscionable conduct’ in trade is one of a number of changes to the Fair Trading Act 1986 that come into force from 16 August 2022. The new prohibition may have wide-ranging implications for many businesses... More>>


Statistics: Food Prices Increase 7.4 Percent Annually
Food prices were 7.4 percent higher in July 2022 compared with July 2021, Stats NZ said today... More>>



REINZ: Market Activity And Prices Continue To Ease, First Home Buyers Start To Return To The Market

New Zealand’s winter property market continues its recent trend, slowing from the pace of sales and price rises of last year — properties stay on the market longer and median prices dip... More>>



Kiwi Group Holdings: Fisher Funds Acquires Kiwi Wealth Business

Kiwi Group Holdings Limited (KGHL) today announced the sale of Kiwi Wealth to Fisher Funds for NZ$310 million... More>>



Retail NZ: Welcomes Return Of Cruise Ships

“Cruise visitors were big spenders in retail prior to COVID-19, and retailers in Auckland will be celebrating the arrival of P&O’s Pacific Explorer this morning... More>>



ASB: Full Year Results: Building Resilience Today And For Our Future

In its 175th year, ASB has reported a cash net profit after tax of $1,418 million for the 12 months to 30 June 2022, an increase of $122 million or 9% on the prior year... More>>