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Booster Balanced Fund

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Fund type: Balanced fund

Past Returns: 8.15%

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

Annual Fees: 1.19%

Annual fees, including management and administration fees, but not membership 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

Ampol Ltd 0.02%
Anglo American PLC 0.01%
BHP Billiton Adr 0.12%
BHP Group Limited 0.33%
BHP Group PLC 0.02%
Canadian Natural Resources Ltd. 0.01%
Chevron Corporation 0.06%
Coca-Cola Co. 0.07%
Conocophillips 0.04%
Dominion Energy Inc. 0.02%
Enbridge Inc. 0.03%
Eni Spa 0.01%
Eog Resources Inc. 0.02%
Equinor Asa 0.11%
Exxon Mobil Corp. 0.08%
Exxon Mobil Corporation 0.07%
Gazprom PJSC 0.02%
Genesis Energy Limited 0.16%
Glencore PLC 0.02%
Itochu Corp. 0.01%
Kinder Morgan Inc. 0.01%
Lukoil PJSC 0.02%
Marathon Petroleum Corp. 0.01%
Marathon Petroleum Corporation 0.01%
Mitsubishi Corp. 0.01%
Mitsui & Co. Ltd. 0.01%
Novatek PJSC Gdr 0.01%
Oil Search Ltd 0.02%
Origin Energy Limited 0.02%
Pioneer Natural Resources Co. 0.01%
Pioneer Natural Resources Company 0.01%
Public Service Enterprise Group Inc. 0.01%
Reliance Industries Ltd. 0.05%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.03%
Saudi Arabian Oil Co. 0.01%
Tc Energy Corp. 0.01%
Vale SA 0.03%
Washington H Soul Pattinson & Co Ltd 0.01%
Whitehaven Coal Ltd 0.01%
Williams Companies Inc. 0.01%
Williams Cos. Inc. 0.01%
Woodside Petroleum Limited 0.09%

Weapons

Amphenol Corp. Class A 0.02%
L3Harris Technologies Inc. 0.02%
Larsen & Toubro Ltd. 0.01%
Safran SA 0.02%
Transdigm Group Inc. 0.01%

Tobacco

Gambling

Aristocrat Leisure Limited 0.10%
Crown Resorts Ltd 0.01%
Gaming and Leisure Properties Inc. 0.01%
Pointsbet Holdings Ltd 0.01%
Sky City Entertainment Group Ltd 0.34%
Star Entertainment Group 0.04%
Vici Properties Inc. 0.02%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.02%
Booster Wine Group Limited Partnership 0.71%
Booster Wine Group Loan Facility 0.46%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.04%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.19%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Metcash Ltd 0.01%
Non-Taxable Accrual - Booster Wine Group Lp 0.08%
Pernod Ricard SA 0.02%

Palm Oil

GMOs

Corteva Inc. 0.01%

Human Rights & Environmental Violations

BHP Billiton Adr 0.12%
BHP Group Limited 0.33%
BHP Group PLC 0.02%
Barrick Gold Corp. 0.01%
Bayer AG 0.02%
Chevron Corporation 0.06%
Duke Energy Corp. 0.03%
Freeport-Mcmoran Inc. 0.02%
Glencore PLC 0.02%
Johnson & Johnson 0.15%
Motorola Solutions Inc. 0.01%
Nestle SA 0.14%
Petroleo Brasileiro SA Preference Shares 0.01%
Posco 0.01%
Rio Tinto Limited 0.09%
Rio Tinto PLC 0.02%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.03%
Vale SA 0.03%

Animal Testing

Air Liquide SA 0.02%
Archer-Daniels-Midland Co. 0.01%
Basf Se 0.02%
Bayer AG 0.02%
Chevron Corporation 0.06%
Coca-Cola Co. 0.07%
Corteva Inc. 0.01%
Danone SA 0.01%
Dow Inc. 0.01%
Dupont De Nemours Inc. 0.01%
Ecolab Inc. 0.02%
Estee Lauder Cos. Inc. Class A 0.02%
Fujifilm Holdings Corp. 0.01%
General Mills Inc. 0.01%
Givaudan SA 0.01%
Glaxosmithkline PLC 0.03%
Hermes International 0.01%
Hindustan Unilever Ltd. 0.01%
Hp Inc. 0.01%
International Flavors & Fragrances Inc. 0.01%
Johnson & Johnson 0.14%
Kimberly-Clark Corp. 0.01%
Koninklijke Dsm Nv 0.01%
L'Oreal SA 0.15%
LVMH 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.19%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Linde PLC 0.19%
Mondelez International Inc. Class A 0.03%
Nestle SA 0.14%
Nutrien Ltd. 0.01%
PPG Industries Inc. 0.01%
Pepsico Inc. 0.07%
Procter & Gamble Co. 0.12%
Reckitt Benckiser Group PLC 0.02%
Reliance Industries Ltd. 0.05%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.03%
Seven & I Holdings Co. Ltd. 0.01%
Sherwin-Williams Co. 0.02%
Shin-Etsu Chemical Co. Ltd. 0.02%
Unilever PLC 0.05%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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.

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
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%
2012 1.75% -0.94%

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 Fri Dec. 31st 2021.

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    19.89%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    10.98%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    3.71%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.83%
  • Metrics Secured Private Debt Fund Ii
    Australia Fund
    1.64%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    1.55%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    1.37%
  • Vanguard ESG US Stock ETF
    United States Fund
    1.35%
  • Ishares S&P/ASX Small Ordinaries ETF
    Australia Fund
    1.08%
  • Secured Loan To Booster KiwiSaver Geared Growth Fund
    New Zealand NZ Fixed Interest
    0.91%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Dec. 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 14.76%
New Zealand Fixed Interest 16.0% 12.25%
International Fixed Interest 19.0% 12.62%
Australasian Equities 21.0% 18.5%
International Equities 30.0% 37.12%
Listed Properties 5.0% 3.5%
Unlisted Properties 4.0% 1.25%
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 Fri Dec. 31st 2021.

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).

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:
    0.01%
  • Alcohol:
    1.71%
  • Animal Testing:
    2.34%
  • Fossil Fuels:
    2.26%
  • Gambling:
    0.61%
  • GMOs:
    0.01%
  • Human Rights & Environmental Violations:
    1.28%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.04%
  • Weapons:
    0.12%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu Sept. 30th 2021 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 exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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.

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 $710M NZD
Period of data report Fri Dec. 31st 2021
Members 35,382
Fund started Mon Oct. 1st 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 (0 years, 5 months)
Previously: Senior Manager - Research Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Principal Booster Financial Services Limited (3 years, 7 months)
Previously: CIO Booster Financial Services Limited (17 years, 6 months)

Allan Yeo

Currently: Managing Director Booster Financial Services Limited (23 years, 7 months)
Previously: Associate Director Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager Booster Financial Services Limited (0 years, 5 months)
Previously: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 9 months)

Rowan Calvert

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

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Fri Dec. 31st 2021.

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 Markets Conduct Act 2013 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.