Pathfinder Conservative
Data updated: 2026-08-24
C000057547 — Pathfinder Conservative. United States Multi-Cap / All-Cap Blend / Core Equity · $60.68M AUM. Holdings, fees, performance and SEC filings.
C000057547 Fund Overview
Pathfinder Conservative is a US mutual fund managed by Ivy Variable Insurance Portfolios, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ivy Variable Insurance Portfolios
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $60.68M
- 1-year return: 12.4%
- SEC CIK: 0000810016
- SEC series ID: S000020592
- Share class ID: C000057547
C000057547 Investment Objective and Strategy
Pathfinder Conservative describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ivy Variable Insurance Portfolios.
Investment objective
Nomura VIP Pathfinder Conservative Series seeks to provide total return consistent with a conservative level of risk as compared to the other Nomura VIP Pathfinder Series.
Principal investment strategy
Nomura VIP Pathfinder Conservative Series seeks to achieve its objective by allocating its assets among asset classes so that approximately 35-55% of the value of the Series assets are in equities (in stocks of various capitalization levels, but primarily large-capitalization stocks and with a maximum of 15% allocated to international/global stocks) and approximately 45-65% of the Series assets are in fixed income (including cash). The Series implements this allocation by investing primarily in other Nomura Funds (Underlying Funds). The Series typically will invest in Standard Class shares of an Underlying Fund. To the extent an Underlying Fund does not offer Standard Class shares, the Series generally will invest in Service Class shares of such Underlying Fund. Shorter-term allocations may vary from the target ranges described above.
For the most current list of Underlying Funds in which the Series invests, please see the Series most recent shareholder report or Series holdings disclosures. For more information about the investment strategies and risks of an Underlying Fund, see such Underlying Funds prospectus. These allocations are projections only and may be changed by Delaware Management Company (Manager), the Series investment manager, from time to time. Actual allocations are not limited to the ranges described above and may vary. The Manager monitors the Series holdings and cash flow and will periodically adjust the Series asset allocation to realign it with the Series risk profile and investment strategies. The Manager evaluates the Series asset allocation on an ongoing basis in view of its risk profile and strategies.
This means that allocation changes will be made as needed in the view of the Manager. The Manager applies a long-term investment horizon with respect to the Series; therefore, allocation changes may not be made in response to short-term market conditions. The Series does not intend to actively trade among the Underlying Funds, nor does it intend to attempt to capture short-term market opportunities. By owning shares of the Underlying Funds, the Series indirectly holds a diversified mixture of money market instruments, investment-grade corporate bonds, US government securities, and, to a lesser extent, stocks of primarily large-capitalization companies. The Series is intended for investors who have a low tolerance for risk and whose primary goal is income, or who have a short time horizon.
C000057547 Holdings
Top 10 holdings of Pathfinder Conservative by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ivy Variable Insurance Portfolios | 30.00% |
| Ivy Variable Insurance Portfolios | 17.51% |
| Ivy Variable Insurance Portfolios | 16.16% |
| Ivy Variable Insurance Portfolios | 9.05% |
| Nomura ETF Trust | 7.43% |
| Nomura ETF Trust | 6.91% |
| Delaware VIP Trust | 5.35% |
| Ivy Variable Insurance Portfolios | 3.70% |
| Nomura ETF Trust | 1.32% |
| Ivy Variable Insurance Portfolios | 1.23% |
C000057547 Portfolio Allocation
Asset-class allocation of Pathfinder Conservative by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.2% |
C000057547 Performance
Total returns for C000057547 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.2% |
| 1 year | 12.4% |
| 3 years (annualised) | 10.3% |
| 5 years (annualised) | 5.2% |
C000057547 Risk Information
Risk metrics for C000057547, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.5%
C000057547 Costs and Fees
C000057547 costs about $96 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.96%
- Gross expense ratio: 0.96%
- Portfolio turnover: 35%
- Brokerage commissions: 0.06 bps of average net assets (SEC N-CEN)
C000057547 Cashflows
Over the 12 months to 2026-06, Pathfinder Conservative had net outflows of $9.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.24M |
| 2026-05 | $1.38M |
| 2026-04 | −$847.02K |
| 2026-03 | −$541.59K |
| 2026-02 | −$991.80K |
| 2026-01 | −$271.15K |
C000057547 Debt Constituents
No individual debt constituents are reported in Pathfinder Conservative's latest SEC N-PORT filing.
C000057547 Prospectus and SEC Filings
Official Pathfinder Conservative filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.