Fund-vs-fund · Diversified
Castle Point 5 Oceans Fund vs Pathfinder Ethical Growth Fund
Both are Diversified funds available to NZ retail investors. Numbers below are sourced from the FMA Disclose register via Sorted Smart Investor and reflect the latest published quarterly fund updates.
What's different at a glance
- Castle Point 5 Oceans Fund charges 0.13% lower in annual fund charges (1.18% vs 1.31%).
- Both are New Zealand PIE funds — investor tax is capped at the Prescribed Investor Rate (PIR), maximum 28%.
- Pathfinder Ethical Growth Fund applies responsible-investment / ESG screening. The other fund does not.
Where each fund sits in its cohort
Percentile rank vs all 67 diversified funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
Castle Point
1.18%
Upper half of cohort
Pathfinder
1.31%
Highest 22% of cohort
5-year return p.a.
Past performance — not a predictor
Castle Point
3.85%
Upper half over 5 years
Pathfinder
4.82%
Top 23% over 5 years
Fund size
Larger = more stable, lower close-risk
Castle Point
NZ$79m
Upper half by size
Pathfinder
NZ$98m
Upper half by size
| Metric | Castle Point | Pathfinder | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.18% | 1.31% | Lower is better |
| Risk indicator (1–7) | 3 | 4 | Higher = more volatility |
| 5-year return p.a. | 3.85% | 4.82% | Higher is better (past not future) |
| Fund size | NZ$79m | NZ$98m | Larger = more stable, lower close-risk |
| Growth / income split | 53% / 47% | 78% / 22% | More growth = higher long-run return + volatility |
| NZ tax structure | PIE (PIR-capped) | PIE (PIR-capped) | PIE = simpler. FIF = annual return. |
| Currency hedging | — | — | Hedged smooths NZD/foreign FX moves at a small cost. |
| Responsible investment screening | No | Yes | Specific exclusions live in each fund's SIPO. |
| Available via | Direct | Direct | Platforms accepting retail subscriptions. |
Portfolio overlap
How many top-10 positions both funds hold, and at what weight. Computed from each fund's most recently disclosed top-10 holdings — exact-name matched (Microsoft Corp. = Microsoft Corporation), with a Cash / Cash & Equivalents collapse rule.
Matching holdings
2
of each fund's top 10
Castle Point weight in shared
2.7%
of Castle Point 5 Oceans Fund top 10 is shared
Pathfinder weight in shared
3.2%
of Pathfinder Ethical Growth Fund top 10 is shared
| Holding | Castle Point | Pathfinder |
|---|---|---|
 Fisher & Paykel Healthcare Ltd NZ | 1.57% | 2.06% |
 Infratil Ltd NZ | 1.13% | 1.16% |
"Min weight" = the smaller of the two weights — a conservative read of how much exposure you'd have to that position if you held both funds.
What each fund says it does
Castle Point
Castle Point 5 Oceans Fund
The Fund is a globally diversified fund that provides a moderate exposure to growth assets. The Fund invests in a mix of directly owned assets, other Castle Point funds and selected third-party funds. The Fund is designed to generate returns, with the objective of outperforming the NZ Official Cash Rate +3% over the medium term (after fees but before tax), with some risk mitigation tools to smoothen the ride.Full Castle Point Castle Point 5 Oceans Fund profile →
Pathfinder
Pathfinder Ethical Growth Fund
An ethical portfolio invested in growth and income assets.Full Pathfinder Pathfinder Ethical Growth Fund profile →
Documents
Crawled directly from each manager's website. How we record provenance →
Castle Point
Pathfinder
LiveLast verified 2026-05-08
- Supporting document490 kB · file fingerprint recorded
- Supporting document5160 kB · file fingerprint recorded
- Supporting document6356 kB · file fingerprint recorded
- Supporting document11086 kB · file fingerprint recorded
- Supporting document13994 kB · file fingerprint recorded
- Supporting document11709 kB · file fingerprint recorded
- + 9 more on the fund page
Common questions
What's the difference between the Castle Point 5 Oceans Fund and the Pathfinder Ethical Growth Fund?
Which fund has lower fees, Castle Point 5 Oceans Fund or Pathfinder Ethical Growth Fund?
How do the 5-year returns compare?
Are both funds PIE-taxed in NZ?
Does either fund apply responsible-investment screening?
Where can I read the official documents for these funds?
