Booster Conservative Fund

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Fund type: Conservative fund

Past Returns: 4.32%

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

Annual Fees: 0.38%

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

Atmos Energy Corp Common Stock USD 0 0.01%
Coca-Cola Co/The Common Stock USD 0.25 0.22%
Franco-Nevada Corp Cad 0.03%
Neste Oyj Common Stock EUR 0 0.02%
Phillips 66 Common Stock USD 0.03%
Snam Spa Common Stock EUR 0 0.01%

Weapons

Teledyne Technologies Inc Common Stock USD 0.01 0.02%

Gambling

Human Rights & Environmental Violations

Bank Leumi Le-Israel Bm Common Stock Ils 0.1 0.01%

Animal Testing

Akt.:Puma Se: 0.01%
Akzo Nobel Nv Common Stock EUR 0.5 0.02%
Beiersdorf AG Common Stock EUR 0 0.01%
Burberry Group PLC Common Stock Gbp 0.05 0.01%
Clorox Co/The Common Stock USD 1 0.02%
Coca-Cola Co/The Common Stock USD 0.25 0.22%
Croda International PLC Common Stock Gbp 10.60976 0.02%
Danone SA Common Stock EUR 0.25 0.04%
Ecolab Inc Common Stock USD 1 0.05%
Fujifilm Holdings Corp Common Stock Jpy 0.03%
General Mills Inc Common Stock USD 0.1 0.04%
Givaudan SA Common Stock Chf 10 0.04%
Henkel AG & Co Kgaa Preference EUR 0 0.02%
International Flavors & Fragrances Inc Common 0.03%
Kao Corp Common Stock Jpy 0.02%
Kellogg Co Common Stock USD 0.25 0.02%
Kerry Group PLC Common Stock EUR 0.125 0.02%
Koninklijke Dsm Nv Common Stock EUR 1.5 0.04%
L'Oreal SA Common Stock EUR 0.2 0.11%
Novozymes A/S Common Stock Dkk 2 0.02%
PPG Industries Inc Common Stock USD 1.67 0.04%
Pepsico Inc Common Stock USD 0.017 0.21%
Umicore SA Common Stock EUR 0 0.01%

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 8.80% 6.58%
2020 0.59% 2.13%
2019 4.26% 4.25%
2018 3.73% 3.65%
2017 4.10% 3.43%
2016 3.52% 3.08%

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 Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    21.9%
  • Ubs Msci World Socially Responsible Ucits ETF
    Germany Fund
    11.18%
  • Westpac Treasury - Td 29 Mar 2022 @ 1.305%
    New Zealand Cash and Equivalents AA-
    1.82%
  • BNZ Bank Bill 8/03/2022
    New Zealand NZ Fixed Interest A-1+
    1.56%
  • ANZ Bank Bill 15/03/2022
    New Zealand NZ Fixed Interest A-1+
    1.56%
  • ANZ Bank Bill 22/03/2022
    New Zealand NZ Fixed Interest A-1+
    1.55%
  • BNZ Bank Bill 5/04/2022
    New Zealand NZ Fixed Interest A-1+
    1.55%
  • Secured Loan To Booster KiwiSaver Geared Growth Fund
    New Zealand NZ Fixed Interest
    1.48%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    1.44%
  • NZ Govt Stock 3.50% 14/04/2033
    New Zealand NZ Fixed Interest AAA
    1.41%

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 30.0% 36.65%
New Zealand Fixed Interest 28.0% 20.38%
International Fixed Interest 22.0% 21.91%
Australasian Equities 7.0% 7.77%
International Equities 11.0% 11.23%
Listed Properties 2.0% 2.06%
Unlisted Properties 0.0% 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 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:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    1.18%
  • Fossil Fuels:
    0.35%
  • Gambling:
    0.01%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.02%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.03%

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 Conservative Fund invests mainly in income assets but includes some growth assets. It is suited to investors looking for a low level of risk and are willing to accept a relatively modest level of returns. This fund is closed to new investors."

Value $39M NZD
Period of data report Fri Dec. 31st 2021
Members 4,100
Fund started Tue July 1st 2014
Total annual fund fees 0.38%
Total performance based fees 0.0%
Manager's basic fee 0.38%
Other management and administration charges 0.0%
Total other charges 0.0
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.