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 0.03%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.01%
Apa Group 0.03%
BHP Billiton Adr 0.13%
BHP Group Limited 0.24%
BHP Group PLC 0.02%
BP PLC 0.03%
Canadian Natural Resources Ltd. 0.01%
Chevron Corp. 0.08%
Cnooc Ltd. 0.01%
Conocophillips 0.02%
Dominion Energy Inc. 0.03%
Enbridge Inc. 0.03%
Eni Spa 0.01%
Eog Resources Inc. 0.01%
Equinor Asa 0.08%
Exxon Mobil Corp. 0.08%
Firstenergy Corp. 0.01%
Gazprom PJSC 0.02%
Kinder Morgan Inc. 0.01%
Lukoil PJSC 0.02%
Marathon Petroleum Corp. 0.01%
Nextera Energy Inc. 0.06%
Origin Energy Limited 0.04%
Phillips 66 0.02%
Reliance Industries Ltd. 0.03%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.03%
Suncor Energy Inc. 0.01%
Total SA 0.29%
Wec Energy Group Inc. 0.01%
Williams Cos. Inc. 0.01%
Woodside Petroleum Limited 0.07%
Xcel Energy Inc. 0.02%

Weapons

L3Harris Technologies Inc. 0.02%
Safran SA 0.01%

Tobacco

Gambling

Aristocrat Leisure Limited 0.04%
Sky City Entertainment Group Ltd 0.16%
Tabcorp Holdings Ltd 0.02%

Alcohol

Anheuser-Busch Inbev SA/Nv 0.02%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.04%
Heineken Nv 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.33%
LVMH Moet Hennessy Louis Vuitton Se 0.05%
Pernod Ricard SA 0.01%
Waimea Estates (Nelson) Limited 0.40%

Palm Oil

GMOs

Basf Se 0.02%
Bayer AG 0.03%
Dupont De Nemours Inc. 0.02%
Novartis AG 0.21%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co. 0.01%
Barrick Gold Corp. 0.02%
BHP Billiton Adr 0.13%
BHP Group Limited 0.24%
BHP Group PLC 0.02%
Duke Energy Corp. 0.03%
Johnson & Johnson 0.22%
Nestle SA 0.14%
Rio Tinto Limited 0.10%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.03%
Sempra Energy 0.02%
Vale SA 0.02%

Animal Testing

Air Liquide SA 0.030%
Air Products and Chemicals Inc. 0.020%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.020%
Bayer AG 0.030%
Clorox Co. 0.010%
Coca-Cola Co. 0.080%
Colgate-Palmolive Co. 0.030%
Danone SA 0.020%
Ecolab Inc. 0.020%
Estee Lauder Cos. Inc. Class A 0.020%
General Mills Inc. 0.020%
Givaudan SA 0.200%
Glaxosmithkline PLC 0.050%
Hindustan Unilever Ltd. 0.010%
Johnson & Johnson 0.220%
Kimberly-Clark Corp. 0.020%
Koninklijke Dsm Nv 0.010%
L'Oreal SA 0.170%
LVMH Moet Hennessy Louis Vuitton SA 0.330%
LVMH Moet Hennessy Louis Vuitton Se 0.050%
Nestle SA 0.140%
Orica Limited 0.010%
Pepsico Inc. 0.080%
PPG Industries Inc. 0.010%
Procter & Gamble Co. 0.130%
Reckitt Benckiser Group PLC 0.030%
Royal Dutch Shell PLC Class A 0.030%
Royal Dutch Shell PLC Class B 0.030%
Shiseido Co. Ltd. 0.010%
Tesco PLC 0.010%
Unilever Nv 0.030%
Unilever PLC 0.030%
Walgreens Boots Alliance Inc. 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% -0.92%
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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    19.56%
  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    18.03%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    3.33%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    3.22%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    1.85%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    1.47%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.31%
  • Vanguard Esg US Stock ETF
    United States Fund
    1.29%
  • New Zealand Government Stock 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    1.11%
  • NZ Govt Stock 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AA+
    0.99%

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 5.0% 11.59%
New Zealand Fixed Interest 16.0% 12.45%
International Fixed Interest 19.0% 19.51%
Australasian Equities 21.0% 17.82%
International Equities 30.0% 34.03%
Listed Properties 5.0% 2.61%
Unlisted Properties 4.0% 1.99%
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:
    0.97%
  • Animal Testing:
    2.25%
  • Fossil Fuels:
    2.03%
  • Gambling:
    0.28%
  • GMOs:
    0.32%
  • Human Rights & Environmental Violations:
    1.16%
  • Palm Oil:
    0.03%
  • Tobacco:
    0.01%
  • Weapons:
    0.13%

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 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 $540M NZD
Period of data report Tue June 30th 2020
Members 35,439
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, 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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You should be prudent about your investment.

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.