Funds
Booster Conservative Fund
Issues of concern
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.
Key:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Phillips 66 Com Usd0.01 0.06%
- Valero Energy Corp 0.06%
- Atmos Energy Corp 0.02%
- Neste Oyj 0.02%
- Snam Spa 0.01%
Gambling
- Vici Properties Inc. 0.01%
Human Rights & Environmental Violations
- Caterpillar Inc 0.13%
- Motorola Solutions Inc 0.05%
- Nutrien Ltd 0.05%
- Bank Leumi Le-Israel 0.02%
- Bayer US Finance Ii Llc 0.01%
- Nestle SA 0.01%
- Wells Fargo & Co. 0.01%
Animal Cruelty
- Coca-Cola Co/The 0.26%
- Pepsico Inc 0.26%
- L'Oreal 0.09%
- Colgate-Palmolive Co 0.06%
- Sherwin-Williams Co/The 0.06%
- General Mills Inc 0.05%
- Nutrien Ltd 0.05%
- Daikin Industries Ltd 0.04%
- Ecolab Inc 0.04%
- Danone 0.03%
- Keurig Dr Pepper Inc 0.03%
- Koninklijke Ahold Delhaize N 0.03%
- PPG Industries Inc 0.03%
- Clorox Company 0.02%
- Hormel Foods Corp 0.02%
- Kao Corp 0.02%
- Kellogg Co 0.02%
- Kerry Group PLC-A 0.02%
- Koninklijke Dsm Nv 0.02%
- Sgs SA-Reg 0.02%
- Akzo Nobel N.V. 0.01%
- Bayer US Finance Ii Llc 0.01%
- Beiersdorf AG 0.01%
- Burberry Group PLC 0.01%
- Croda International PLC 0.01%
- Henkel AG & Co Kgaa Vor-Pref 0.01%
- Nestle SA 0.01%
- Novozymes A/S-B Shares 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 30th Sept. 2022 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.
About this fund
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.
| Value | $41M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 3,759 |
| Fund started | 1st July 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 (1 years, 5 months) |
|
Brendon Doyle |
Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 8 months) |
|
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (24 years, 7 months) |
|
Aaron Usher |
Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 5 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (5 years, 2 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.00% | |
| Alcohol | 0.00% | |
| Animal Cruelty | 1.62% | |
| Fossil Fuels | 0.20% | |
| Gambling | 0.02% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.49% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 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 30th Sept. 2022 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 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.
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 |
|---|---|---|
| 2022 | -0.92% | -0.15% |
| 2021 | 8.73% | 6.58% |
| 2020 | 1.42% | 2.13% |
| 2019 | 4.58% | 4.25% |
| 2018 | 3.58% | 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 31st Dec. 2022.
Top 10 Investments
-
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund34.25% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+13.83% -
Ubs Msci World Socially Responsible Ucits ETF
Germany Fund12.67% -
NZ Govt Stock 2.75% 15/04/2025
New Zealand NZ Fixed Interest AAA1.85% -
NZ Govt Stock 0.50% 15/05/2024
New Zealand NZ Fixed Interest AAA1.78% -
Ishares Core S&P/ASX 200 ETF
Australia International Equities1.65% -
Housing New Zealand 3.36% 12/06/2025
New Zealand NZ Fixed Interest AAA1.39% -
ANZ Bank - Td 11 Jan 2023 @ 4.070%
New Zealand Cash and Equivalents AA-1.23% -
NZ Govt Stock 3.50% 14/04/2033
New Zealand NZ Fixed Interest AAA1.18% -
NZ Govt Stock 5.5% 15/04/2023
New Zealand NZ Fixed Interest AAA1.17%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 30.0% | 23.91% |
| New Zealand Fixed Interest | 28.0% | 22.52% |
| International Fixed Interest | 22.0% | 34.22% |
| Australasian Equities | 7.0% | 4.09% |
| International Equities | 11.0% | 14.31% |
| Listed Properties | 2.0% | 0.95% |
| 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 against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.