Booster KiwiSaver Scheme
Booster Socially Responsible Investment Balanced Fund

In their own words: "The Socially Responsible Investment Balanced Fund invests in a balanced mix of income assets and growth assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, who are comfortable with a medium level of risk and are willing to accept a medium level of returns. This fund has been certified by the Responsible Investment Association Australasia (RIAA)."

At a glance:

Mindful Fund
Type: Balanced fund
Past Returns: 6.14%

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

Annual Fees: 1.26%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND1287
Name Booster Socially Responsible Investment Balanced Fund
Risk profile Balanced fund
Description The Socially Responsible Investment Balanced Fund invests in a balanced mix of income assets and growth assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, who are comfortable with a medium level of risk and are willing to accept a medium level of returns. This fund has been certified by the Responsible Investment Association Australasia (RIAA).
Value $51M NZD
Members 4,663
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. The market index used to measure the performance of securities in the NZ fixed interest asset class changed from the S&P NZ Government Stock Index to the Bloomberg NZ Bond Composite Index as at 30 April 2019 as the Bloomberg NZ Composite Index better reflects the type of securities within the underlying asset class of the fund.
Disclosure Statement Period Sun June 30th 2019
Fund started Tue July 1st 2014
Three-year average return 6.14%
Market index past year return 10.16%
Past year return net charges and tax 6.86%
Past year return net of charges gross of tax 8.09%
Market index return since fund started 9.90%
Return since fund started net 7.33%
Total annual fund fees 1.26%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Administration charges 0.09%
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 30 June 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 5.68% 7.01%
2018 5.63% 5.45%
2017 6.10% 5.96%
2016 4.01% 4.97%

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 30 June 2019.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    20.18%
  • Ubs Msci World Socially Responsible Ucits ETF
    Germany Fund
    16.01%
  • Vaneck Vectors Msci International Sustainable Equity ETF
    United States Fund
    4.02%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.34%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    1.98%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    1.97%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.64%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    1.47%
  • NZ Govt Stock 6.0% 15/05/2021
    New Zealand NZ Fixed Interest AA+
    1.38%
  • Spark New Zealand Limited
    New Zealand Australasian Equities N/A
    1.33%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 2.0% 11.33%
New Zealand Fixed Interest 17.0% 13.44%
International Fixed Interest 26.0% 20.18%
Australasian Equities 18.0% 18.84%
International Equities 30.0% 31.35%
Listed Properties 7.0% 4.86%
Unlisted Properties 0.0% 0.0%
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 30 June 2019.

Key Personnel

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (1 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (21 years, 1 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, 10 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (1 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (32 years, 6 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, 4 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, 4 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 (1 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (17 years, 1 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, 8 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 30 June 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:
    0.00%
  • Animal Testing:
    2.28%
  • Fossil Fuels:
    0.45%
  • Gambling:
    0.00%
  • GMOs:
    0.31%
  • Human Rights & Environmental Violations:
    0.16%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.01%

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.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.