Booster Moderate Fund

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Not Mindful
Type: Balanced fund
Past Returns: 3.26%

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

Annual Fees: 1.13%

Annual fees, including any membership and % management 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

Agl Energy Limited 0.01%
Apa Group 0.01%
BHP Billiton Adr 0.07%
BHP Group Limited 0.11%
BP PLC 0.02%
Chevron Corp. 0.04%
Conocophillips 0.01%
Dominion Energy Inc. 0.02%
Enbridge Inc. 0.01%
Equinor Asa 0.04%
Exxon Mobil Corp. 0.04%
Nextera Energy Inc. 0.03%
Origin Energy Limited 0.02%
Reliance Industries Ltd. 0.02%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Total SA 0.15%
Woodside Petroleum Limited 0.03%

Weapons

L3Harris Technologies Inc. 0.01%

Tobacco

Gambling

Aristocrat Leisure Limited 0.02%
Sky City Entertainment Group Ltd 0.12%

Alcohol

Diageo PLC 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.17%
LVMH Moet Hennessy Louis Vuitton Se 0.03%
Waimea Estates (Nelson) Limited 0.26%

Palm Oil

GMOs

Basf Se 0.01%
Bayer AG 0.01%
Novartis AG 0.10%

Human Rights & Environmental Violations

BHP Billiton Adr 0.07%
BHP Group Limited 0.11%
Duke Energy Corp. 0.01%
Johnson & Johnson 0.11%
Nestle SA 0.07%
Rio Tinto Limited 0.04%
Rio Tinto PLC 0.01%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%

Animal Testing

Air Products and Chemicals Inc. 0.010%
Basf Se 0.010%
Bayer AG 0.010%
Coca-Cola Co. 0.040%
Colgate-Palmolive Co. 0.010%
Ecolab Inc. 0.010%
Givaudan SA 0.090%
Glaxosmithkline PLC 0.020%
Johnson & Johnson 0.110%
Kimberly-Clark Corp. 0.010%
L'Oreal SA 0.080%
LVMH Moet Hennessy Louis Vuitton SA 0.170%
LVMH Moet Hennessy Louis Vuitton Se 0.030%
Nestle SA 0.070%
Pepsico Inc. 0.040%
Procter & Gamble Co. 0.060%
Reckitt Benckiser Group PLC 0.010%
Royal Dutch Shell PLC Class A 0.010%
Royal Dutch Shell PLC Class B 0.010%
Unilever Nv 0.020%
Unilever PLC 0.010%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue March 31st 2020 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.

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
2020 -1.89% 0.73%
2019 5.68% 5.24%
2018 5.63% 3.81%
2017 6.10% 4.23%
2016 4.01% 2.85%
2015 11.09% 7.73%
2014 7.28% 1.79%
2013 10.75% 6.19%
2012 1.75% 3.19%
2011 5.30% 3.89%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    23.33%
  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    9.09%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    4.25%
  • New Zealand Government Stock 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    2.12%
  • NZ Govt Stock 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AA+
    1.88%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    1.68%
  • NZ Govt Stock 4.5% 15/04/2027
    New Zealand NZ Fixed Interest AA+
    1.58%
  • NZ Govt Stock 3.50% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    1.52%
  • Westpac Fixed Rate Mtn 2.22% 29/07/2024
    New Zealand NZ Fixed Interest AA-
    1.47%
  • Westpac Bank Bill 11/08/2020
    New Zealand NZ Fixed Interest AA-
    1.45%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 20.0% 20.86%
New Zealand Fixed Interest 25.0% 23.21%
International Fixed Interest 15.0% 23.38%
Australasian Equities 14.0% 11.17%
International Equities 19.0% 17.21%
Listed Properties 4.0% 2.49%
Unlisted Properties 3.0% 1.68%
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 Tue June 30th 2020.

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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.56%
  • Animal Testing:
    1.27%
  • Fossil Fuels:
    1.10%
  • Gambling:
    0.17%
  • GMOs:
    0.18%
  • Human Rights & Environmental Violations:
    0.60%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.01%
  • Weapons:
    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 Tue March 31st 2020 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.

In their own words

"The Moderate 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 $190M NZD
Period of data report Tue June 30th 2020
Members 13,625
Fund started Mon Oct. 1st 2007
Total annual fund fees 1.13%
Total performance based fees 0.0%
Manager's basic fee 1.07%
Administration charges 0.06%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

David Beattie

Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Nic Craven

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

Allan Yeo

Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

Aaron Usher

Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Tue June 30th 2020.

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.