Funds
Booster Balanced 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
- BHP Group Limited 0.56%
- Contact Energy Limited 0.54%
- Woodside Energy Group Ltd 0.23%
- Exxon Mobil Corp. 0.15%
- Totalenergies Se 0.12%
- Chevron Corp. 0.11%
- Equinor Asa 0.11%
- Shell PLC 0.11%
- BHP Billiton Adr 0.10%
- Nextera Energy Inc. 0.08%
- Conocophillips 0.06%
- BP PLC 0.05%
- Reliance Industries Ltd. 0.05%
- Duke Energy Corp. 0.03%
- Enbridge Inc. 0.03%
- Eog Resources Inc. 0.03%
- Southern Co. 0.03%
- Vale SA 0.03%
- American Electric Power Co. Inc. 0.02%
- Anglo American PLC 0.02%
- Apa Group 0.02%
- Canadian Natural Resources Ltd. 0.02%
- Cheniere Energy Inc. 0.02%
- Devon Energy Corp. 0.02%
- Dominion Energy Inc. 0.02%
- Exxon Mobil Corporation 0.02%
- Glencore PLC 0.02%
- Iberdrola SA 0.02%
- Marathon Petroleum Corp. 0.02%
- Occidental Petroleum Corp. 0.02%
- Petroleo Brasileiro SA 0.02%
- Phillips 66 0.02%
- Pioneer Natural Resources Co. 0.02%
- Sempra Energy 0.02%
- South32 Limited 0.02%
- Suncor Energy Inc. 0.02%
- Tc Energy Corp. 0.02%
- Valero Energy Corp. 0.02%
- Washington H Soul Pattinson & Co Ltd 0.02%
- Whitehaven Coal Ltd 0.02%
- Ampol Ltd 0.01%
- Chevron Corporation 0.01%
- Consolidated Edison Inc. 0.01%
- Constellation Energy Corp. 0.01%
- Enel Spa 0.01%
- Eni Spa 0.01%
- Hess Corp. 0.01%
- Itochu Corp. 0.01%
- Kinder Morgan Inc. 0.01%
- Mitsubishi Corp. 0.01%
- Mitsui & Co. Ltd. 0.01%
- National Grid PLC 0.01%
- Public Service Enterprise Group Inc. 0.01%
- Santos Limited 0.01%
- Saudi Arabian Oil Co. 0.01%
- Totalenergies 0.01%
- Wec Energy Group Inc. 0.01%
- Williams Cos. Inc. 0.01%
- Xcel Energy Inc. 0.01%
Weapons
- Wal-Mart Stores Inc 0.13%
- Walmart Inc. 0.08%
- Amphenol Corp. 0.02%
- Brookfield Asset Management Inc. 0.02%
- L3Harris Technologies Inc. 0.02%
- Safran SA 0.01%
- Transdigm Group Inc. 0.01%
- Wal-Mart De Mexico Sab De Cv 0.01%
Tobacco
- Alimentation Couche-Tard Inc. 0.01%
Gambling
- Sky City Entertainment Group Limited 0.21%
- Aristocrat Leisure Limited 0.08%
- Vici Properties Inc. 0.05%
- Gaming and Leisure Properties Inc. 0.01%
- Tabcorp Holdings Ltd 0.01%
Alcohol
- Booster Wine Group Limited Partnership 1.12%
- Booster Wine Group Limited Partnership-B 0.68%
- Non-Taxable Accrual - Booster Wine Group Lp 0.06%
- Diageo PLC 0.04%
- Heineken Nv 0.03%
- Anheuser-Busch Inbev SA/Nv 0.02%
- Constellation Brands Inc. 0.02%
- Pernod Ricard SA 0.02%
- Kweichow Moutai Co. Ltd. 0.01%
GMOs
- Corteva Inc. 0.02%
Human Rights & Environmental Violations
- BHP Group Limited 0.56%
- Thermo Fisher Scientific 0.25%
- Johnson & Johnson 0.21%
- Nestle SA 0.19%
- Meta Platforms Inc. 0.13%
- Chevron Corp. 0.11%
- Meta Platforms Inc 0.11%
- BHP Billiton Adr 0.10%
- Shell PLC 0.10%
- Thermo Fisher Scientific Inc. 0.10%
- Rio Tinto Limited 0.07%
- Thermo Fisher Scientific Inc 0.06%
- Wells Fargo & Co. 0.06%
- Caterpillar Inc. 0.04%
- Bayer AG 0.03%
- Duke Energy Corp. 0.03%
- Rio Tinto PLC 0.03%
- Vale SA 0.03%
- Activision Blizzard Inc. 0.02%
- Archer-Daniels-Midland Co. 0.02%
- Corteva Inc. 0.02%
- Freeport-Mcmoran Inc. 0.02%
- Glencore PLC 0.02%
- Meta Platforms Inc. Class A 0.02%
- Motorola Solutions Inc. 0.02%
- Nutrien Ltd. 0.02%
- Petroleo Brasileiro SA 0.02%
- Uber Technologies Inc. 0.02%
- Barrick Gold Corp. 0.01%
- Basf Se 0.01%
- Chevron Corporation 0.01%
- Li Ning Co. Ltd. 0.01%
Animal Cruelty
- Nestle SA 0.19%
- LVMH Moet Hennessy Louis Vuitton SA 0.17%
- Exxon Mobil Corp. 0.15%
- Procter & Gamble Co. 0.13%
- Chevron Corp. 0.11%
- L'Oreal SA 0.11%
- Coca-Cola Co. 0.10%
- Pepsico Inc. 0.10%
- Shell PLC 0.10%
- LVMH Moet Hennessy Louis Vuitton Se 0.07%
- Reliance Industries Ltd. 0.05%
- Unilever PLC 0.05%
- 3M Co. 0.03%
- Bayer AG 0.03%
- Mondelez International Inc. 0.03%
- Air Liquide SA 0.02%
- Archer-Daniels-Midland Co. 0.02%
- Cie Financiere Richemont SA 0.02%
- Coca-Cola Company 0.02%
- Colgate-Palmolive Co. 0.02%
- Constellation Brands Inc. 0.02%
- Corteva Inc. 0.02%
- Daikin Industries Ltd. 0.02%
- Ecolab Inc. 0.02%
- Estee Lauder Cos. Inc. 0.02%
- Exxon Mobil Corporation 0.02%
- General Mills Inc. 0.02%
- Hermes International 0.02%
- Hindustan Unilever Ltd. 0.02%
- Kerry Group PLC 0.02%
- Kimberly-Clark Corp. 0.02%
- LVMH 0.02%
- Nutrien Ltd. 0.02%
- Pepsico, Inc. 0.02%
- Ping An Insurance Group Co. Of China Ltd. 0.02%
- Procter & Gamble Company 0.02%
- Sherwin-Williams Co. 0.02%
- Albemarle Corp. 0.01%
- Basf Se 0.01%
- Chevron Corporation 0.01%
- Danone SA 0.01%
- Dow Inc. 0.01%
- Dupont De Nemours Inc. 0.01%
- Eni Spa 0.01%
- Givaudan SA 0.01%
- Kering SA 0.01%
- Keurig Dr Pepper Inc. 0.01%
- Koninklijke Ahold Delhaize Nv 0.01%
- Kraft Heinz Co. 0.01%
- Mitsubishi Corp. 0.01%
- Orica Ltd 0.01%
- PPG Industries Inc. 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 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 | $680M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 35,822 |
| Fund started | 1st Oct. 2007 |
| Total annual fund fees | 1.19% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.16% |
| Other management and administration charges | 0.03% |
| Total other charges | 36.0 |
| 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 | 0.01% | |
| Alcohol | 2.11% | |
| Animal Cruelty | 2.82% | |
| Fossil Fuels | 3.90% | |
| Gambling | 0.43% | |
| GMOs | 0.02% | |
| Human Rights & Environmental Violations | 2.78% | |
| Palm Oil | 0.02% | |
| Tobacco | 0.03% | |
| Weapons | 0.39% |
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 | 0.35% | 2.34% |
| 2021 | 16.60% | 18.97% |
| 2020 | -1.09% | -0.92% |
| 2019 | 5.56% | 6.4% |
| 2018 | 5.28% | 5.42% |
| 2017 | 5.86% | 7.18% |
| 2016 | 4.01% | 2.18% |
| 2015 | 11.09% | 10.94% |
| 2014 | 7.28% | 4.24% |
| 2013 | 10.75% | 7.47% |
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 Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund18.78% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund15.95% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+5.54% -
Vanguard Emerging Markets Share Index Fund
Australia Fund3.23% -
Vanguard ESG US Stock ETF
United States Fund1.89% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.52% -
Metrics Secured Private Debt Fund Ii
Australia Fund1.49% -
Secured Loan To Booster KiwiSaver Scheme Geared Growth Fund
New Zealand NZ Fixed Interest1.14% -
Ishares ESG Aware U.S. Aggregate Bond ETF
United States Int Fixed Interest1.13% -
Booster Wine Group Limited Partnership
New Zealand Australasian Equities1.1%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 9.61% |
| New Zealand Fixed Interest | 20.0% | 14.53% |
| International Fixed Interest | 18.0% | 17.42% |
| Australasian Equities | 21.0% | 17.24% |
| International Equities | 32.0% | 36.37% |
| Listed Properties | 3.0% | 2.9% |
| Unlisted Properties | 4.0% | 1.93% |
| 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.