Booster Shielded Growth Fund

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Fund type: Growth fund

Past Returns: *13.12%

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

Annual Fees: 1.33%

Annual fees, including management and administration fees, but not membership fee.

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.


Fossil Fuel

Ampol Ltd 0.02%
Anglo American PLC 0.02%
Arcelormittal SA 0.01%
BHP Billiton Adr 0.20%
BHP Group Limited 0.33%
BHP Group PLC 0.03%
BP P.L.C. 0.01%
Canadian Natural Resources Ltd. 0.02%
Cheniere Energy Inc. 0.01%
Chevron Corporation 0.10%
China Petroleum & Chemical Corp. Class H 0.01%
Coca-Cola Co. 0.12%
Conocophillips 0.07%
Devon Energy Corp. 0.01%
Devon Energy Corporation 0.01%
Dominion Energy Inc. 0.03%
Enbridge Inc. 0.05%
Eni Spa 0.02%
Eog Resources Inc. 0.04%
Equinor Asa 0.19%
Exxon Mobil Corp. 0.14%
Exxon Mobil Corporation 0.11%
Franco-Nevada Corp. 0.01%
Gazprom PJSC 0.04%
Genesis Energy Limited 0.27%
Glencore PLC 0.03%
Hess Corp. 0.01%
Hess Corporation 0.01%
Itochu Corp. 0.02%
Kinder Morgan Inc Class P 0.02%
Kinder Morgan Inc. 0.02%
Kirby Corporation 0.02%
Lukoil PJSC 0.03%
Lyondellbasell Industries Nv Class A 0.02%
Marathon Petroleum Corp. 0.02%
Marathon Petroleum Corporation 0.02%
Mitsubishi Corp. 0.02%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.01%
Novatek PJSC Gdr 0.02%
Occidental Petroleum Corp. 0.02%
Occidental Petroleum Corporation 0.01%
Oil Search Ltd 0.02%
Oneok Inc. 0.03%
Origin Energy Limited 0.02%
Phillips 66 0.04%
Pioneer Natural Resources Co. 0.02%
Pioneer Natural Resources Company 0.02%
Posco 0.02%
Public Service Enterprise Group Inc. 0.02%
Reliance Industries Ltd. 0.08%
Royal Dutch Shell PLC Class A 0.06%
Royal Dutch Shell PLC Class B 0.06%
Saudi Arabian Oil Co. 0.02%
Suncor Energy Inc. 0.02%
Tc Energy Corp. 0.02%
Vale SA 0.04%
Valero Energy Corporation 0.02%
Washington H Soul Pattinson & Co Ltd 0.01%
Whitehaven Coal Ltd 0.01%
Williams Companies Inc. 0.02%
Williams Cos. Inc. 0.02%
Woodside Petroleum Limited 0.09%

Weapons

Amphenol Corp. Class A 0.02%
L3Harris Technologies Inc. 0.02%
Larsen & Toubro Ltd. 0.02%
Safran SA 0.02%
Transdigm Group Inc. 0.02%

Tobacco

Alimentation Couche-Tard Inc. Class B 0.02%
Seven & I Holdings Co. Ltd. 0.02%

Gambling

Aristocrat Leisure Limited 0.10%
Caesars Entertainment Inc. 0.01%
Crown Resorts Ltd 0.01%
Flutter Entertainment PLC 0.01%
Gaming and Leisure Properties Inc. 0.01%
Pointsbet Holdings Ltd 0.01%
Sky City Entertainment Group Ltd 0.57%
Star Entertainment Group 0.04%
Vici Properties Inc. 0.02%

Adult Entertainment/Pornography

Caesars Entertainment Inc. 0.01%

Alcohol

Ambev SA 0.01%
Anheuser-Busch Inbev SA/Nv 0.03%
Asahi Group Holdings Ltd. 0.01%
Booster Wine Group Limited Partnership 0.69%
Booster Wine Group Loan Facility 0.45%
Brown-Forman Corp. Class B 0.01%
Constellation Brands Inc. Class A 0.02%
Diageo PLC 0.07%
Heineken Nv 0.02%
Kweichow Moutai Co. Ltd. Class A 0.02%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.31%
LVMH Moet Hennessy Louis Vuitton Se 0.11%
Metcash Ltd 0.01%
Non-Taxable Accrual - Booster Wine Group Lp 0.07%
Pernod Ricard SA 0.03%

Palm Oil

GMOs

Corteva Inc. 0.02%

Human Rights & Environmental Violations

BHP Billiton Adr 0.20%
BHP Group Limited 0.33%
BHP Group PLC 0.03%
Barrick Gold Corp. 0.02%
Bayer AG 0.03%
Chevron Corporation 0.10%
China Petroleum & Chemical Corp. Class H 0.01%
Duke Energy Corp. 0.04%
Formosa Plastics Corp. 0.01%
Freeport-Mcmoran Inc. 0.03%
Glencore PLC 0.03%
Johnson & Johnson 0.24%
Mmc Norilsk Nickel PJSC 0.01%
Motorola Solutions Inc. 0.02%
Mtn Group Ltd. 0.01%
Nestle SA 0.23%
Petroleo Brasileiro SA 0.01%
Petroleo Brasileiro SA Preference Shares 0.02%
Posco 0.02%
Rio Tinto Limited 0.09%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.06%
Royal Dutch Shell PLC Class B 0.05%
Vale SA 0.04%

Animal Testing

Air Liquide SA 0.05%
Akzo Nobel Nv 0.01%
Albemarle Corp. 0.02%
Archer-Daniels-Midland Co. 0.02%
Asahi Group Holdings Ltd. 0.01%
Avantor Inc. 0.01%
Basf Se 0.04%
Bayer AG 0.03%
Chevron Corporation 0.10%
Church & Dwight Co. Inc. 0.01%
Clorox Co. 0.01%
Coca-Cola Co. 0.12%
Corteva Inc. 0.02%
Danone SA 0.03%
Dow Inc. 0.03%
Dupont De Nemours Inc. 0.02%
Ecolab Inc. 0.03%
Estee Lauder Cos. Inc. Class A 0.04%
Formosa Plastics Corp. 0.01%
Fujifilm Holdings Corp. 0.02%
General Mills Inc. 0.02%
Givaudan SA 0.02%
Glaxosmithkline PLC 0.05%
Hermes International 0.03%
Hindustan Unilever Ltd. 0.02%
Hp Inc. 0.02%
Ingersoll Rand Inc. 0.01%
International Flavors & Fragrances Inc. 0.02%
Johnson & Johnson 0.24%
Kao Corp. 0.02%
Kerry Group PLC Class A 0.01%
Keurig Dr Pepper Inc. 0.01%
Kimberly-Clark Corp. 0.03%
Koninklijke Dsm Nv 0.02%
Kraft Heinz Co. 0.01%
L'Oreal SA 0.26%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.31%
LVMH Moet Hennessy Louis Vuitton Se 0.11%
Linde PLC 0.31%
Loreal SA 0.01%
Lyondellbasell Industries Nv Class A 0.02%
Mondelez International Inc. Class A 0.05%
Nan Ya Plastics Corp. 0.01%
Nestle SA 0.23%
Nutrien Ltd. 0.02%
PPG Industries Inc. 0.02%
Pepsico Inc. 0.12%
Procter & Gamble Co. 0.19%
Procter & Gamble Company 0.01%
Reckitt Benckiser Group PLC 0.03%
Reliance Industries Ltd. 0.08%
Royal Dutch Shell PLC Class A 0.06%
Royal Dutch Shell PLC Class B 0.05%
Seven & I Holdings Co. Ltd. 0.02%
Sherwin-Williams Co. 0.04%
Shin-Etsu Chemical Co. Ltd. 0.03%
Shiseido Co. Ltd. 0.02%
Tesco PLC 0.02%
Unilever PLC 0.09%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2021 28.03% 28.39%
2020 -3.79% -2.16%

The market average is the average 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 Fri Dec. 31st 2021.

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    31.41%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    5.85%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    2.49%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    2.46%
  • Vanguard ESG US Stock ETF
    United States Fund
    2.13%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.13%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.57%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.13%
  • Ishares S&P/ASX Small Ordinaries ETF
    Australia Fund
    1.12%
  • Mainfreight Limited
    New Zealand Australasian Equities
    1.07%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 7.51%
New Zealand Fixed Interest 0.0% 1.76%
International Fixed Interest 0.0% 0.93%
Australasian Equities 33.0% 26.74%
International Equities 52.0% 58.59%
Listed Properties 8.0% 4.07%
Unlisted Properties 6.0% 0.4%
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 Fri Dec. 31st 2021.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.02%
  • Alcohol:
    1.97%
  • Animal Testing:
    3.81%
  • Fossil Fuels:
    3.40%
  • Gambling:
    0.88%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.83%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.06%
  • Weapons:
    0.20%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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, Sustainalytics and research organisations.

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

In their own words

"The Shielded Growth Fund invests predominantly in growth assets and uses options contracts to partially ‘shield’ the fund against (limit the impact of) more significant short-term downward movements of the value of the fund’s investments. It is suited to investors who are comfortable with a medium to high level of risk in order to potentially achieve relatively higher returns but who are willing to forgo some return due to the cost of the options strategy."

Value $8.3M NZD
Period of data report Fri Dec. 31st 2021
Members 462
Fund started Thu May 31st 2018
Total annual fund fees 1.33%
Total performance based fees 0.0%
Manager's basic fee 1.27%
Other management and administration charges 0.06%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

Nic Craven

Currently: Chief Investment Officer Booster Financial Services Limited (0 years, 5 months)
Previously: Senior Manager - Research Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Principal Booster Financial Services Limited (3 years, 7 months)
Previously: CIO Booster Financial Services Limited (17 years, 6 months)

Allan Yeo

Currently: Managing Director Booster Financial Services Limited (23 years, 7 months)
Previously: Associate Director Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager Booster Financial Services Limited (0 years, 5 months)
Previously: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 9 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (4 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 Fri Dec. 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.