Booster Asset Class Conservative Fund

In their own words: "The Asset Class Conservative Fund invests mainly in income assets, but includes some growth assets. It is suited to investors looking for a low to medium level of risk and are willing to accept a moderate level of returns."

At a glance:

Not Mindful
Type: Conservative fund
Past Returns: 3.59%

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

Annual Fees: 1.15%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND1289
Name Booster Asset Class Conservative Fund
Risk profile Conservative fund
Description The Asset Class Conservative Fund invests mainly in income assets, but includes some growth assets. It is suited to investors looking for a low to medium level of risk and are willing to accept a moderate level of returns.
Value $22M NZD
Members 1,268
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 Tue Dec. 31st 2019
Fund started Tue July 1st 2014
Three-year average return 3.59%
Market index past year return 13.40%
Past year return net charges and tax 8.13%
Past year return net of charges gross of tax 9.3%
Market index return since fund started 7.31%
Return since fund started net 4.24%
Total annual fund fees 1.15%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Administration charges 0.0%
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 September 2019.

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

Year Market Average Fund Annual Return
2019 4.40% 3.18%
2018 3.80% 2.76%
2017 4.16% 4.84%
2016 3.52% 2.76%

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 September 2019.

Showing the top 10 investments for this fund:

  • DFA Five Year Diversified Fixed Interest Trust – NZD Hedged
    Australia Fund
    26.57%
  • DFA Two Year Diversified Fixed Interest Trust - NZD Hedged
    Australia Fund
    19.96%
  • DFA Global Bond Trust – NZD Hedged
    Australia Fund
    19.85%
  • DFA Global Core Equity Trust – NZD Hedged
    Australia Fund
    9.06%
  • DFA Global Real Estate Trust - NZD Hedged Class Units
    Australia Fund
    4.99%
  • DFA Emerging Markets Trust
    Australia Fund
    4.58%
  • DFA Global Large Company Trust
    Australia Fund
    4.44%
  • NZ Core Equity Trust
    New Zealand Fund
    4.34%
  • DFA Global Value Trust
    Australia Fund
    2.68%
  • DFA Global Small Company Trust
    Australia Fund
    1.78%

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

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 2.0% 0.45%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 65.0% 66.38%
Australasian Equities 6.0% 5.64%
International Equities 22.0% 22.54%
Listed Properties 5.0% 4.99%
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 September 2019.

Key Personnel

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 2 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (21 years, 7 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 (4 years, 4 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (1 years, 7 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (33 years, 0 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, Dimensional Fund Advisors (0 years, 10 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 0 months)

  • Joseph Chi

    Currently: Head of Responsible Investment and ex officio member of the Corporate Governance Committee, Dimensional Fund Advisors (0 years, 2 months)
    Previously: Ex officio member of the Investment Committee, Dimensional Fund Advisors (0 years, 11 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (1 years, 7 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (17 years, 7 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 2 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 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.52%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.34%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. 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.

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.

Note that 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

Specific companies invested in:

Fossil Fuel

Reliance Industries 0.16%
Petroleo Brasileiro Sa Petrobras 0.07%
Lukoil Pjsc 0.06%
Gazprom Pjsc 0.05%
BHP Group Ltd 0.06%
Woodside Petroleum 0.02%

Human Rights & Environmental Violations

Vale Sa 0.11%
Petroleo Brasileiro Sa Petrobras 0.07%
BHP Group Ltd 0.06%

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.