Booster Balanced Growth Fund

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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

Agl Energy Limited 0.03%
Ameren Corp. 0.01%
American Electric Power Co. Inc. 0.02%
Anglo American PLC 0.02%
Apa Group 0.04%
Basf Se 0.03%
BHP Billiton Adr 0.18%
BHP Group Limited 0.43%
BHP Group PLC 0.02%
BP PLC 0.03%
Canadian National Railway Co. 0.04%
Canadian National Railway Company 0.24%
Canadian Pacific Railway Ltd. 0.02%
Chevron Corp. 0.08%
Cms Energy Corp. 0.01%
Cnooc Ltd. 0.01%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co. 0.11%
Coca-Cola Company 0.01%
Conocophillips 0.02%
Dominion Energy Inc. 0.04%
Dte Energy Co. 0.01%
E.On Se 0.01%
Enbridge Inc. 0.03%
Enel Spa 0.04%
Eog Resources Inc. 0.01%
Equinor Asa 0.10%
Exxon Mobil Corp. 0.08%
Fortis Inc./Canada 0.01%
Franco-Nevada Corp 0.02%
Franco-Nevada Corp. 0.01%
Gazprom PJSC 0.02%
Genesis Energy Limited 0.24%
Glencore PLC 0.01%
Iberdrola SA 0.04%
Itochu Corp. 0.02%
Kinder Morgan Inc. 0.02%
Lukoil PJSC 0.01%
Lyondellbasell Industries Nv 0.02%
Mitsubishi Corp. 0.02%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.01%
Nextera Energy Inc. 0.08%
Norfolk Southern Corp. 0.03%
Origin Energy Limited 0.05%
Orsted A/S 0.02%
Phillips 66 0.01%
Ppl Corp. 0.01%
Reliance Industries Ltd. 0.05%
Rio Tinto Limited 0.21%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.02%
Rwe AG 0.01%
Saudi Arabian Oil Co. 0.01%
Tc Energy Corp. 0.02%
Total Se 0.29%
Vale SA 0.03%
Washington H Soul Pattinson & Co Ltd 0.01%
Wec Energy Group Inc. 0.02%
Weyerhaeuser Co. 0.01%
Williams Cos. Inc. 0.01%
Woodside Petroleum Limited 0.08%
Xcel Energy Inc. 0.02%

Weapons

Amphenol Corp. Class A 0.02%
L3Harris Technologies Inc. 0.02%
Safran SA 0.12%
Transdigm Group Inc. 0.01%

Tobacco

Alimentation Couche-Tard Inc. Class B 0.01%
Seven & I Holdings Co. Ltd. 0.01%

Gambling

Aristocrat Leisure Limited 0.06%
Crown Resorts Ltd 0.01%
Flutter Entertainment PLC 0.01%
Gaming and Leisure Properties Inc. 0.01%
Sky City Entertainment Group Ltd 0.55%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.02%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.02%
Brown-Forman Corp. Class B 0.01%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc. Class A 0.01%
Diageo PLC 0.05%
Heineken Nv 0.01%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH 0.01%
LVMH Moet Hennessy Louis Vuitton SA 0.38%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Metcash Ltd 0.02%
Pernod Ricard SA 0.02%
Waimea Estates (Nelson) Limited 0.46%

Palm Oil

GMOs

Corteva Inc 0.02%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co. 0.01%
Barrick Gold Corp 0.02%
Barrick Gold Corp. 0.03%
BHP Billiton Adr 0.18%
BHP Group Limited 0.43%
BHP Group PLC 0.02%
Duke Energy Corp. 0.04%
Freeport-Mcmoran Inc. 0.04%
Glencore PLC 0.01%
Johnson & Johnson 0.21%
Mmc Norilsk Nickel PJSC 0.01%
Nestle SA 0.21%
Nutrien Ltd. 0.01%
Petroleo Brasileiro SA Preference Shares 0.01%
Rio Tinto Limited 0.21%
Rio Tinto PLC 0.04%
Royal Dutch Shell PLC Class A 0.03%
Royal Dutch Shell PLC Class B 0.02%
Sempra Energy 0.02%
Vale SA 0.03%

Animal Testing

Air Liquide SA 0.040%
Air Products & Chemicals Inc. 0.040%
Air Products and Chemicals Inc. 0.050%
Albemarle Corporation 0.010%
Archer-Daniels-Midland Co. 0.010%
Basf Se 0.030%
Bayer AG 0.030%
Celanese Corporation 0.010%
Church & Dwight Co. Inc. 0.010%
Clorox Co. 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.110%
Coca-Cola Company 0.010%
Colgate-Palmolive Co. 0.040%
Corteva Inc 0.020%
Corteva Inc. 0.010%
Danone SA 0.020%
Dow Inc. 0.050%
Dupont De Nemours Inc. 0.060%
Eastman Chemical Company 0.010%
Ecolab Inc. 0.070%
Estee Lauder Cos. Inc. Class A 0.030%
Fmc Corporation 0.010%
General Mills Inc. 0.020%
Givaudan SA 0.200%
Glaxosmithkline PLC 0.050%
Hermes International 0.020%
Hindustan Unilever Ltd. 0.020%
Hp Inc. 0.010%
International Flavors & Fragrances Inc. 0.010%
Johnson & Johnson 0.210%
Kao Corp. 0.020%
Kimberly-Clark Corp. 0.030%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co. 0.010%
L'Oreal SA 0.210%
Linde PLC 0.440%
LVMH 0.010%
LVMH Moet Hennessy Louis Vuitton SA 0.380%
LVMH Moet Hennessy Louis Vuitton Se 0.070%
Lyondellbasell Industries Nv 0.020%
Mondelez International Inc. Class A 0.040%
Nestle SA 0.210%
Nutrien Ltd. 0.010%
Orica Limited 0.020%
Pepsico Inc. 0.110%
Pepsico, Inc. 0.010%
PPG Industries Inc. 0.050%
Procter & Gamble Co. 0.190%
Procter & Gamble Company 0.020%
Reckitt Benckiser Group PLC 0.040%
Reliance Industries Ltd. 0.050%
Royal Dutch Shell PLC Class A 0.030%
Royal Dutch Shell PLC Class B 0.020%
Seven & I Holdings Co. Ltd. 0.010%
Sherwin-Williams Co. 0.030%
Sherwin-Williams Company 0.050%
Shin-Etsu Chemical Co. Ltd. 0.030%
Shiseido Co. Ltd. 0.010%
Tesco PLC 0.010%
Unicharm Corp. 0.010%
Unilever Nv 0.050%
Unilever PLC 0.050%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.

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
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 Wed Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    24.0%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    8.22%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    4.51%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    2.91%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    2.68%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.98%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    1.63%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.6%
  • Vanguard Esg US Stock ETF
    United States Fund
    1.57%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.23%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed Sept. 30th 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% 8.1%
New Zealand Fixed Interest 8.0% 8.02%
International Fixed Interest 9.0% 8.2%
Australasian Equities 28.0% 24.87%
International Equities 40.0% 45.17%
Listed Properties 7.0% 3.91%
Unlisted Properties 5.0% 1.73%
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 Wed Sept. 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:
    0.01%
  • Alcohol:
    1.20%
  • Animal Testing:
    4.18%
  • Fossil Fuels:
    4.01%
  • Gambling:
    0.78%
  • GMOs:
    0.04%
  • Human Rights & Environmental Violations:
    1.70%
  • Palm Oil:
    0.04%
  • Tobacco:
    0.05%
  • Weapons:
    0.24%

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

Value $390M NZD
Period of data report Wed Sept. 30th 2020
Members 24,963
Fund started Wed April 28th 2010
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

David Beattie

Currently: Principal Booster Financial Services Limited (2 years, 4 months)
Previously: CIO Booster Financial Services Limited (17 years, 6 months)

Nic Craven

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

Allan Yeo

Currently: Managing Director Booster Financial Services Limited (22 years, 4 months)
Previously: Associate Director Barclays Bank plc (2 years, 0 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (2 years, 11 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, 11 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 Wed Sept. 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.