Funds

Booster KiwiSaver Capital Guaranteed Fund

Total Ethical Concerns: 1.99%

The average total concerns of all KiwiSaver conservative funds is 3.58%.

Companies of Concern

  • Animal Cruelty 0.45%

    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • 0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • L'Oréal SA
      0.03%
      0.03%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Air Liquide
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Shin-Etsu Chemical Co., Ltd.
      0.01%
      0.01%
    • Unilever PLC
      0.01%
      0.01%
  • Human Rights Violations 0.46%

    • 0.15%
    • 0.04%
    • Rio Tinto
      0.03%
      0.03%
    • Nestlé
      0.02%
      0.02%
    • 0.02%
    • UBS
      0.02%
      0.02%
    • Wells Fargo
      0.02%
      0.02%
    • Caterpillar
      0.01%
      0.01%
  • Social Harm 0.12%

  • Fossil Fuels 0.96%

    • Contact Energy Ltd.
      0.19%
      1.5°C
      This company is on a 1.5°C pathway
      0.19%
    • BHP
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Rio Tinto
      0.03%
      0.03%
    • Totalenergies Se
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Channel Infrastructure
      0.02%
      0.02%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Equinor Asa
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Woodside Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Conocophillips
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Nextera Energy, Inc.
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Santos Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Weapons 0.09%

    • 0.05%
  • Environmental Harm 0.34%

    • BHP
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Coca-Cola
      0.03%
      0.03%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Fonterra
      0.02%
      0.02%
    • PepsiCo
      0.02%
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Danone
      0.01%
      0.01%
    • Unilever PLC
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The Capital Guaranteed Fund is suited to investors who seek relatively modest returns allowing for some shorter-term ups and downs, supported by a capital guarantee. We aim to achieve this by investing primarily in income assets, while including some growth assets.

    Value $84.7M NZD
    Period of data report 31st March 2025
    Members 8,157
    Fund started 1st July 2014
    Total annual fund fees 0.91%
    Total performance based fees 0.0%
    Manager's basic fee 0.9%
    Other management and administration charges 0.01%
    Total other charges 36.0
    Total other charges currency NZD

    Nic Craven

    Currently: Chief Investment Officer, Booster Financial Services Limited (3 years, 8 months)
    Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

    David Beattie

    Currently: Chair of the Investment Committee, Booster Investment Management Limited (6 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

    Brendon Doyle

    Currently: Investment Committee Member, Booster Investment Management Limited (0 years, 7 months)
    Previously: Director of Direct Investments, Booster Financial Services Limited (7 years, 0 months)

    Aaron Usher

    Currently: Portfolio Strategy Manager, Booster Financial Services Limited (3 years, 8 months)
    Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 8 months)

    Karan Bir Mohindra

    Currently: Fixed Interest & Currency Analyst, Booster Financial Services Limited (1 years, 4 months)
    Previously: Assistant Vice-President, Citigroup (3 years, 5 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    Past Returns

    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
    2025 3.91% 3.71%
    2024 6.48% 4.9%
    2023 -1.85% 1.69%
    2022 -0.74% 0.15%
    2021 8.94% 0.01%
    2020 0.61% 0.45%
    2019 4.19% 1.78%
    2018 3.58% 1.77%
    2017 4.10% 1.99%
    2016 3.52% 1.77%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • NZ Cash (BNZ Bank Trust Account)

      New Zealand Cash and Equivalents A-1+

      13.44%
    • BNZ Bank Bill 24/04/2025

      New Zealand NZ Fixed Interest A-1+

      8.43%
    • Westpac Treasury - Td 23 Apr 2025 @ 5.980%

      New Zealand Cash and Equivalents AA-

      4.46%
    • Westpac Treasury - Td 18 Jul 2025 @ 5.360%

      New Zealand Cash and Equivalents AA-

      4.39%
    • ASB Bank Investments - Td 18 Jul 2025 @ 5.340%

      New Zealand Cash and Equivalents AA-

      4.39%
    • Kiwibank Td - NZPT 21 Oct 2025 @ 4.370%

      New Zealand Cash and Equivalents A+

      4.31%
    • ASB Bank Investments - Td 08 Oct 2025 @ 4.150%

      New Zealand Cash and Equivalents AA-

      4.27%
    • Kiwibank Td - NZPT 14 Jan 2026 @ 4.090%

      New Zealand Cash and Equivalents A+

      4.26%
    • Kiwibank Td - NZPT 23 Jan 2026 @ 4.130%

      New Zealand Cash and Equivalents A+

      4.26%
    • Westpac Treasury - Td 11 Feb 2026 @ 3.850%

      New Zealand Cash and Equivalents AA-

      4.25%
    Type Target Actual
    Cash and Cash Equivalents 80.0% 78.19%
    New Zealand Fixed Interest 5.0% 4.4%
    International Fixed Interest 5.0% 4.41%
    Australasian Equities 4.0% 3.97%
    International Equities 6.0% 8.98%
    Listed Properties 0.0% 0.05%
    Unlisted Properties 0.0% 0.0%
    Other 0.0% 0.0%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2025 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.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

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.

Issues of Concern

  • 0.45% Animal Cruelty
  • 0.46% Human Rights Violations
  • 0.12% Social Harm
  • 0.96% Fossil Fuels
  • 0.09% Weapons
  • 0.34% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • 0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • L'Oréal SA
      0.03%
      0.03%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Air Liquide
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Shin-Etsu Chemical Co., Ltd.
      0.01%
      0.01%
    • Unilever PLC
      0.01%
      0.01%
  • Human Rights Violations

    • 0.15%
    • 0.04%
    • Rio Tinto
      0.03%
      0.03%
    • Nestlé
      0.02%
      0.02%
    • 0.02%
    • UBS
      0.02%
      0.02%
    • Wells Fargo
      0.02%
      0.02%
    • Caterpillar
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.19%
      1.5°C
      This company is on a 1.5°C pathway
      0.19%
    • BHP
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Rio Tinto
      0.03%
      0.03%
    • Totalenergies Se
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Channel Infrastructure
      0.02%
      0.02%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Equinor Asa
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Woodside Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Conocophillips
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Nextera Energy, Inc.
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Santos Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Weapons

    • 0.05%
  • Environmental Harm

    • BHP
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Coca-Cola
      0.03%
      0.03%
    • Chevron Corp.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Fonterra
      0.02%
      0.02%
    • PepsiCo
      0.02%
      0.02%
    • Shell
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Danone
      0.01%
      0.01%
    • Unilever PLC
      0.01%
      0.01%

About this Fund

The Capital Guaranteed Fund is suited to investors who seek relatively modest returns allowing for some shorter-term ups and downs, supported by a capital guarantee. We aim to achieve this by investing primarily in income assets, while including some growth assets.

Value $84.7M NZD
Period of data report 31st March 2025
Members 8,157
Fund started 1st July 2014
Total annual fund fees 0.91%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Other management and administration charges 0.01%
Total other charges 36.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (3 years, 8 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Chair of the Investment Committee, Booster Investment Management Limited (6 years, 1 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Brendon Doyle

Currently: Investment Committee Member, Booster Investment Management Limited (0 years, 7 months)
Previously: Director of Direct Investments, Booster Financial Services Limited (7 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (3 years, 8 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 8 months)

Karan Bir Mohindra

Currently: Fixed Interest & Currency Analyst, Booster Financial Services Limited (1 years, 4 months)
Previously: Assistant Vice-President, Citigroup (3 years, 5 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

Past Returns

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
2025 3.91% 3.71%
2024 6.48% 4.9%
2023 -1.85% 1.69%
2022 -0.74% 0.15%
2021 8.94% 0.01%
2020 0.61% 0.45%
2019 4.19% 1.78%
2018 3.58% 1.77%
2017 4.10% 1.99%
2016 3.52% 1.77%

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 31st March 2025.

Top 10 Investments

  • NZ Cash (BNZ Bank Trust Account)

    New Zealand Cash and Equivalents A-1+

    13.44%
  • BNZ Bank Bill 24/04/2025

    New Zealand NZ Fixed Interest A-1+

    8.43%
  • Westpac Treasury - Td 23 Apr 2025 @ 5.980%

    New Zealand Cash and Equivalents AA-

    4.46%
  • Westpac Treasury - Td 18 Jul 2025 @ 5.360%

    New Zealand Cash and Equivalents AA-

    4.39%
  • ASB Bank Investments - Td 18 Jul 2025 @ 5.340%

    New Zealand Cash and Equivalents AA-

    4.39%
  • Kiwibank Td - NZPT 21 Oct 2025 @ 4.370%

    New Zealand Cash and Equivalents A+

    4.31%
  • ASB Bank Investments - Td 08 Oct 2025 @ 4.150%

    New Zealand Cash and Equivalents AA-

    4.27%
  • Kiwibank Td - NZPT 14 Jan 2026 @ 4.090%

    New Zealand Cash and Equivalents A+

    4.26%
  • Kiwibank Td - NZPT 23 Jan 2026 @ 4.130%

    New Zealand Cash and Equivalents A+

    4.26%
  • Westpac Treasury - Td 11 Feb 2026 @ 3.850%

    New Zealand Cash and Equivalents AA-

    4.25%
Type Target Actual
Cash and Cash Equivalents 80.0% 78.19%
New Zealand Fixed Interest 5.0% 4.4%
International Fixed Interest 5.0% 4.41%
Australasian Equities 4.0% 3.97%
International Equities 6.0% 8.98%
Listed Properties 0.0% 0.05%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.