Booster KiwiSaver Scheme
Booster Geared Growth Fund

In their own words: "The Geared Growth Fund invests predominantly in growth assets, with little or no income assets and may borrow to leverage up the total exposure to equities. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns."

At a glance:

Not Mindful
Type: Aggressive fund
Past Returns: 11.77%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 1.74%

Annual fees, including membership and % management fee, assuming $10,000 investment.

More information:

A summary of this fund and it's details.

Number FND1286
Name Booster Geared Growth Fund
Risk profile Aggressive fund
Description The Geared Growth Fund invests predominantly in growth assets, with little or no income assets and may borrow to leverage up the total exposure to equities. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns.
Value $35M NZD
Members 2,466
Market index description The market index return is based on the weighted average return of the market indices used in respect of the underlying asset classes as described in the Statement of Investment Policy and Objectives.
Disclosure Statement Period Sun March 31st 2019
Fund started Wed July 15th 2009
Three-year average return 11.77%
Market index past year return 11.91%
Past year return net charges and tax 10.51
Past year return net of charges gross of tax 11.7
Market index return since fund started 11.25%
Return since fund started net 8.71%
Total annual fund fees 1.74
Total performance based fees 0.0
Manager's basic fee 1.59
Administration charges 1.15
Total other charges 36.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Index Fund Annual Return
2019 10.11% 10.51%
2018 6.68% 10.23%
2017 11.18% 14.56%
2016 4.51% 0.96%
2015 15.30% 18.4%
2014 10.31% 7.74%
2013 13.23% 10.09%
2012 -5.15% -7.78%
2011 7.61% 2.56%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    44.32%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    8.15%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    2.76%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    2.66%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.28%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    2.21%
  • Microsoft Corporation
    United States International Equities
    1.93%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.91%
  • Contact Energy Limited
    New Zealand Australasian Equities
    1.88%
  • Amazon.Com, Inc
    United States International Equities
    1.76%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 2.0% 2.16%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 32.0% 25.24%
International Equities 54.0% 66.39%
Listed Properties 12.0% 3.74%
Unlisted Properties 0.0% 2.47%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

Key Personnel

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (1 years, 5 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (20 years, 10 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Bhanu Singh

    Currently: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (3 years, 7 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (0 years, 10 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (32 years, 3 months)
    Previously: Financial Adviser, National Mutual Limited (13 years, 8 months)

  • Jed Fogdall

    Currently: Head of Global Portfolio Management and Chair of the Investment Committee (0 years, 1 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Joseph Chi

    Currently: Ex officio member of the Investment Committee (0 years, 1 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (0 years, 10 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (16 years, 10 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (1 years, 5 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.47%
  • Animal Testing:
    6.18%
  • Fossil Fuels:
    5.73%
  • Gambling:
    0.97%
  • GMOs:
    0.87%
  • Human Rights & Environmental Violations:
    2.58%
  • Palm Oil:
    0.10%
  • Tobacco:
    0.05%
  • Weapons:
    0.29%

This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Does this fund have a policy to exclude any industries from its investments?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.

Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

Download the fund's disclosure statement and portfolio holdings.

This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.