Booster Balanced Fund

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Not Mindful
Type: Balanced fund
Past Returns: 3.63%

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

Annual Fees: 1.24%

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 0.02%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.01%
Apa Group 0.03%
Basf Se 0.02%
BHP Billiton Adr 0.14%
BHP Group Limited 0.39%
BHP Group PLC 0.02%
BP PLC 0.02%
Chevron Corp. 0.06%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co. 0.08%
Conocophillips 0.01%
Dominion Energy Inc. 0.03%
Enbridge Inc. 0.02%
Enel Spa 0.03%
Equinor Asa 0.08%
Exxon Mobil Corp. 0.06%
Franco-Nevada Corp. 0.01%
Gazprom PJSC 0.01%
Genesis Energy Limited 0.15%
Iberdrola SA 0.03%
Itochu Corp. 0.01%
Kinder Morgan Inc. 0.01%
Lukoil PJSC 0.01%
Lyondellbasell Industries Nv 0.01%
Mitsubishi Corp. 0.01%
Mitsui & Co. Ltd. 0.01%
Nextera Energy Inc. 0.06%
Origin Energy Limited 0.05%
Orsted A/S 0.01%
Reliance Industries Ltd. 0.04%
Rio Tinto Limited 0.19%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Rwe AG 0.01%
Saudi Arabian Oil Co. 0.01%
Tc Energy Corp. 0.02%
Total Se 0.21%
Vale SA 0.02%
Washington H Soul Pattinson & Co Ltd 0.01%
Wec Energy Group Inc. 0.01%
Woodside Petroleum Limited 0.07%
Xcel Energy Inc. 0.02%

Weapons

Amphenol Corp. Class A 0.01%
L3Harris Technologies Inc. 0.01%
Safran SA 0.08%
Transdigm Group Inc. 0.01%

Tobacco

Gambling

Aristocrat Leisure Limited 0.05%
Crown Resorts Ltd 0.01%
Gaming and Leisure Properties Inc. 0.01%
Sky City Entertainment Group Ltd 0.36%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.02%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.02%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.03%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.28%
LVMH Moet Hennessy Louis Vuitton Se 0.06%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Waimea Estates (Nelson) Limited 0.33%

Palm Oil

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co. 0.01%
Barrick Gold Corp 0.02%
Barrick Gold Corp. 0.02%
BHP Billiton Adr 0.14%
BHP Group Limited 0.39%
BHP Group PLC 0.02%
Duke Energy Corp. 0.03%
Freeport-Mcmoran Inc. 0.03%
Johnson & Johnson 0.16%
Nestle SA 0.16%
Rio Tinto Limited 0.19%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.02%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.02%
Vale SA 0.02%

Animal Testing

Air Liquide SA 0.030%
Air Products & Chemicals Inc. 0.030%
Air Products and Chemicals Inc. 0.040%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.020%
Bayer AG 0.020%
Clorox Co. 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.080%
Colgate-Palmolive Co. 0.030%
Corteva Inc 0.020%
Corteva Inc. 0.010%
Danone SA 0.010%
Dow Inc. 0.030%
Dupont De Nemours Inc. 0.040%
Ecolab Inc. 0.050%
Estee Lauder Cos. Inc. Class A 0.020%
General Mills Inc. 0.020%
Givaudan SA 0.150%
Glaxosmithkline PLC 0.040%
Hermes International 0.010%
Hindustan Unilever Ltd. 0.010%
Hp Inc. 0.010%
Johnson & Johnson 0.150%
Kao Corp. 0.010%
Kimberly-Clark Corp. 0.020%
Koninklijke Dsm Nv 0.010%
L'Oreal SA 0.150%
Linde PLC 0.330%
LVMH Moet Hennessy Louis Vuitton SA 0.280%
LVMH Moet Hennessy Louis Vuitton Se 0.060%
Lyondellbasell Industries Nv 0.010%
Mondelez International Inc. Class A 0.030%
Nestle SA 0.160%
Orica Limited 0.020%
Pepsico Inc. 0.080%
PPG Industries Inc. 0.030%
Procter & Gamble Co. 0.140%
Procter & Gamble Company 0.010%
Reckitt Benckiser Group PLC 0.030%
Reliance Industries Ltd. 0.040%
Royal Dutch Shell PLC Class A 0.020%
Royal Dutch Shell PLC Class B 0.020%
Seven & I Holdings Co. Ltd. 0.010%
Sherwin-Williams Co. 0.020%
Sherwin-Williams Company 0.040%
Shin-Etsu Chemical Co. Ltd. 0.020%
Shiseido Co. Ltd. 0.010%
Tesco PLC 0.010%
Unilever Nv 0.040%
Unilever PLC 0.030%

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

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
2020 -1.89% -0.92%
2019 5.68% 6.4%
2018 5.63% 5.42%
2017 6.10% 7.18%
2016 4.01% 2.18%
2015 11.09% 10.94%
2014 7.28% 4.24%
2013 10.75% 7.47%
2012 1.75% -0.94%
2011 5.30% 3.36%

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 Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    18.25%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    14.4%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    4.84%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    3.46%
  • Ishares Tips Bond ETF
    United States Int Fixed Interest
    2.78%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.9%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    1.54%
  • Vanguard Esg US Stock ETF
    United States Fund
    1.09%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.01%
  • Ishares S&P/Asx Small Ordinaries ETF
    Australia Fund
    0.95%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu Dec. 31st 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 13.12%
New Zealand Fixed Interest 16.0% 12.24%
International Fixed Interest 19.0% 17.17%
Australasian Equities 21.0% 18.45%
International Equities 30.0% 33.88%
Listed Properties 5.0% 3.65%
Unlisted Properties 4.0% 1.49%
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 Thu Dec. 31st 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:
    0.89%
  • Animal Testing:
    3.25%
  • Fossil Fuels:
    2.87%
  • Gambling:
    0.56%
  • GMOs:
    0.03%
  • Human Rights & Environmental Violations:
    1.39%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.04%
  • Weapons:
    0.18%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics 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 Balanced Fund invests in a balanced mix of income assets and growth assets. It is suited to investors looking for a medium level of risk and are willing to accept a medium level of returns."

Value $610M NZD
Period of data report Thu Dec. 31st 2020
Members 35,475
Fund started Mon Oct. 1st 2007
Total annual fund fees 1.24%
Total performance based fees 0.0%
Manager's basic fee 1.16%
Administration charges 0.08%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

David Beattie

Currently: Principal Booster Financial Services Limited (2 years, 7 months)
Previously: CIO Booster Financial Services Limited (17 years, 6 months)

Nic Craven

Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 7 months)
Previously: Research Manager Booster Financial Services Limited (4 years, 2 months)

Allan Yeo

Currently: Managing Director Booster Financial Services Limited (22 years, 7 months)
Previously: Associate Director Barclays Bank plc (2 years, 0 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (3 years, 2 months)
Previously: Senior Equity Analyst Booster Financial Services Limited (7 years, 4 months)

Aaron Usher

Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 2 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 Thu Dec. 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.