Booster Balanced Growth Fund

Find an ethical fund »
Not Mindful
Type: Growth fund
Past Returns: 4.23%

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

Annual Fees: 1.3%

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

Total Sa 0.05%
BHP Group Limited 0.31%
BHP Billiton Adr 0.18%
Equinor Asa 0.11%
Woodside Petroleum Limited 0.08%
Origin Energy Limited 0.06%
Agl Energy Limited 0.04%
Apa Group 0.04%
Exxon Mobil Corp. 0.11%
Chevron Corp. 0.10%
Nextera Energy Inc. 0.07%
Bp Plc 0.05%
Dominion Energy Inc. 0.04%
Enbridge Inc. 0.04%
Royal Dutch Shell Plc Class A 0.04%
Royal Dutch Shell Plc Class B 0.03%
Conocophillips 0.03%
American Electric Power Co. Inc. 0.02%
BHP Group Plc 0.02%
Phillips 66 0.02%
Xcel Energy Inc. 0.02%
Kinder Morgan Inc. 0.02%
Eog Resources Inc. 0.02%
Wec Energy Group Inc. 0.02%
Anglo American Plc 0.02%
Suncor Energy Inc. 0.02%
Williams Cos. Inc. 0.01%
Eni Spa 0.01%
Marathon Petroleum Corp. 0.01%
Firstenergy Corp. 0.01%
Canadian Natural Resources Ltd. 0.01%
Dte Energy Co. 0.01%
Glencore Plc 0.01%
Ameren Corp. 0.01%
Rwe Ag 0.01%
Neste Oyj 0.01%
Reliance Industries Ltd. 0.04%
Gazprom Pjsc 0.02%
Lukoil Pjsc 0.02%
Cnooc Ltd. 0.01%
Beach Energy Ltd 0.01%

Weapons

L3Harris Technologies Inc. 0.03%
Safran Sa 0.02%
Transdigm Group Inc. 0.01%

Tobacco

Gambling

Sky City Entertainment Group Ltd 0.25%
Aristocrat Leisure Limited 0.05%
Tabcorp Holdings Ltd 0.02%
Crown Resorts Ltd 0.01%

Alcohol

Waimea Estates (Nelson) Limited 0.59%
Lvmh Moet Hennessy Louis Vuitton Sa 0.44%
Lvmh Moet Hennessy Louis Vuitton Se 0.07%
Diageo Plc 0.05%
Anheuser-Busch Inbev Sa/Nv 0.02%
Pernod Ricard Sa 0.02%
Constellation Brands Inc. Class A 0.02%
Heineken Nv 0.01%
Brown-Forman Corp. Class B 0.01%
Metcash Ltd 0.02%

Palm Oil

GMOs

Novartis Ag 0.11%
Bayer Ag 0.04%
Basf Se 0.03%
Dupont De Nemours Inc. 0.02%
Nutrien Ltd. 0.01%

Human Rights & Environmental Violations

BHP Group Limited 0.31%
BHP Billiton Adr 0.18%
Rio Tinto Limited 0.12%
Johnson & Johnson 0.06%
Nestle Sa 0.19%
Royal Dutch Shell Plc Class A 0.04%
Duke Energy Corp. 0.04%
Rio Tinto Plc 0.04%
Royal Dutch Shell Plc Class B 0.03%
Barrick Gold Corp. 0.03%
BHP Group Plc 0.02%
Sempra Energy 0.02%
Archer-Daniels-Midland Co. 0.01%
Glencore Plc 0.01%
Nutrien Ltd. 0.01%
Vale Sa 0.02%
Mmc Norilsk Nickel Pjsc 0.01%
Petroleo Brasileiro Sa Preference Shares 0.01%

Animal Testing

Lvmh Moet Hennessy Louis Vuitton Sa 0.440%
Givaudan Sa 0.020%
L'Oreal Sa 0.020%
Orica Limited 0.020%
Johnson & Johnson 0.060%
Nestle Sa 0.190%
Procter & Gamble Co. 0.170%
Coca-Cola Co. 0.110%
Pepsico Inc. 0.110%
Lvmh Moet Hennessy Louis Vuitton Se 0.070%
Glaxosmithkline Plc 0.060%
Unilever Nv 0.040%
Bayer Ag 0.040%
Royal Dutch Shell Plc Class A 0.040%
Reckitt Benckiser Group Plc 0.040%
Unilever Plc 0.040%
Colgate-Palmolive Co. 0.030%
Royal Dutch Shell Plc Class B 0.030%
Ecolab Inc. 0.030%
Air Products and Chemicals Inc. 0.030%
Basf Se 0.030%
Kimberly-Clark Corp. 0.030%
Estee Lauder Cos. Inc. Class A 0.020%
Danone Sa 0.020%
Air Liquide Sa 0.010%
General Mills Inc. 0.020%
Walgreens Boots Alliance Inc. 0.020%
Tesco Plc 0.020%
Clorox Co. 0.010%
Shiseido Co. Ltd. 0.010%
Ppg Industries Inc. 0.010%
Archer-Daniels-Midland Co. 0.010%
Koninklijke Dsm Nv 0.010%
Kraft Heinz Co. 0.010%
Church & Dwight Co. Inc. 0.010%
Hindustan Unilever Ltd. 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 31 March 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.

A summary of this fund and its details.

Number FND1280
Name Booster Balanced Growth Fund
Risk profile Growth fund
Description The Balanced Growth Fund invests mainly in growth assets, but includes some income assets. It is suited to investors who are comfortable with a medium to high level of risk in order to potentially achieve a relatively higher level of returns.
Value $310M NZD
Members 24,609
Market index description The market index return is based on the weighted average return of the market indices used in respect of the underlying asset classes as described in the Statement of Investment Policy and Objectives.
Disclosure Statement Period Tue March 31st 2020
Fund started Wed April 28th 2010
Three-year average return 4.23%
Market index past year return -3.42%
Past year return net charges and tax -2.14%
Past year return net of charges gross of tax -1.24%
Market index return since fund started 7.79%
Return since fund started net 5.58%
Total annual fund fees 1.3%
Total performance based fees 0.0%
Manager's basic fee 1.21%
Administration charges 0.09%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

  • Aaron Usher

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

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (21 years, 10 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Bhanu Singh

    Currently: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (4 years, 7 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (1 years, 10 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (33 years, 3 months)
    Previously: Financial Adviser, National Mutual Limited (13 years, 8 months)

  • Jed Fogdall

    Currently: Head of Global Portfolio Management and Chair of the Investment Committee, Dimensional Fund Advisors (1 years, 1 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Joseph Chi

    Currently: Head of Responsible Investment and ex officio member of the Corporate Governance Committee, Dimensional Fund Advisors (0 years, 5 months)
    Previously: Ex officio member of the Investment Committee, Dimensional Fund Advisors (0 years, 11 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (1 years, 10 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (17 years, 10 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 5 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 31 March 2020 .

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 -3.47% -2.14%
2019 6.87% 7.86%
2018 7.63% 6.96%
2017 8.87% 8.89%
2016 3.62% 2.26%
2015 13.73% 12.43%
2014 8.43% 5.84%
2013 12.00% 9.09%
2012 -1.50% -4.25%

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 31 March 2020 .

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    22.65%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    8.52%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    4.13%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    3.71%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    2.87%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    2.16%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.76%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.26%
  • Microsoft Corporation
    United States International Equities
    1.12%
  • Booster Wine Group Limited Partnership
    New Zealand Australasian Equities
    1.09%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 3.0% 9.43%
New Zealand Fixed Interest 8.0% 9.45%
International Fixed Interest 9.0% 8.56%
Australasian Equities 28.0% 23.97%
International Equities 40.0% 42.63%
Listed Properties 7.0% 3.56%
Unlisted Properties 5.0% 2.4%
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 31 March 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:
    1.33%
  • Animal Testing:
    2.80%
  • Fossil Fuels:
    2.53%
  • Gambling:
    0.40%
  • GMOs:
    0.40%
  • Human Rights & Environmental Violations:
    1.47%
  • 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 31 March 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 Growth Fund invests mainly in growth assets, but includes some income assets. It is suited to investors who are comfortable with a medium to high level of risk in order to potentially achieve a relatively higher level of returns."

Download the fund's disclosure statement and portfolio holdings.

Latest news

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.