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.