Booster Balanced Growth Fund

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.

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.

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.

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.

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.

• Portfolio holdings v
• Product Disclosure Statement (PDS) v