Funds
Booster Geared Growth Fund
Issues of concern
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.
Key:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Contact Energy Limited 1.39%
- BHP Group Limited 0.68%
- Exxon Mobil Corp. 0.32%
- Woodside Energy Group Ltd 0.28%
- Totalenergies Se 0.26%
- Shell PLC 0.24%
- Chevron Corp. 0.23%
- Equinor Asa 0.23%
- BHP Billiton Adr 0.21%
- Nextera Energy Inc. 0.17%
- Conocophillips 0.12%
- BP PLC 0.11%
- Reliance Industries Ltd. 0.10%
- Enbridge Inc. 0.07%
- Iberdrola SA 0.06%
- Duke Energy Corp. 0.06%
- Eog Resources Inc. 0.06%
- Petroleo Brasileiro SA 0.06%
- Southern Co. 0.06%
- Vale SA 0.06%
- Canadian Natural Resources Ltd. 0.05%
- Dominion Energy Inc. 0.05%
- Glencore PLC 0.05%
- Marathon Petroleum Corp. 0.05%
- Occidental Petroleum Corp. 0.05%
- Sempra Energy 0.05%
- American Electric Power Co. Inc. 0.04%
- Pioneer Natural Resources Co. 0.04%
- Valero Energy Corp. 0.04%
- Anglo American PLC 0.03%
- Apa Group 0.03%
- Cheniere Energy Inc. 0.03%
- Chevron Corporation 0.03%
- Consolidated Edison Inc. 0.03%
- Devon Energy Corp. 0.03%
- Enel Spa 0.03%
- Exxon Mobil Corporation 0.03%
- Hess Corp. 0.03%
- Itochu Corp. 0.03%
- Kinder Morgan Inc. 0.03%
- Mitsubishi Corp. 0.03%
- Mitsui & Co. Ltd. 0.03%
- National Grid PLC 0.03%
- Phillips 66 0.03%
- Public Service Enterprise Group Inc. 0.03%
- Saudi Arabian Oil Co. 0.03%
- Suncor Energy Inc. 0.03%
- Tc Energy Corp. 0.03%
- Totalenergies 0.03%
- Wec Energy Group Inc. 0.03%
- Whitehaven Coal Ltd 0.03%
- Williams Cos. Inc. 0.03%
- Xcel Energy Inc. 0.03%
- Ameren Corp. 0.02%
- Ampol Ltd 0.02%
- Cenovus Energy Inc. 0.02%
- Cms Energy Corp. 0.02%
- Constellation Energy Corp. 0.02%
- Coterra Energy Inc. 0.02%
- Diamondback Energy Inc. 0.02%
- Dte Energy Co. 0.02%
- Duke Energy Corporation 0.02%
- Eni Spa 0.02%
- Entergy Corp. 0.02%
- Fortis Inc./Canada 0.02%
- Franco-Nevada Corp. 0.02%
- Lyondellbasell Industries Nv 0.02%
- Marathon Oil Corp. 0.02%
- Neste Oyj 0.02%
- Oneok Inc. 0.02%
- Pembina Pipeline Corp. 0.02%
- Pg&E Corp. 0.02%
- Ppl Corp. 0.02%
- Repsol SA 0.02%
- Rwe AG 0.02%
- South32 Limited 0.02%
- Southern Company 0.02%
- Tourmaline Oil Corp. 0.02%
- Washington H Soul Pattinson & Co Ltd 0.02%
- Adani Enterprises Ltd. 0.01%
- Adani Transmission Ltd. 0.01%
- Aes Corp. 0.01%
- Agl Energy Ltd 0.01%
- Alliant Energy Corp. 0.01%
- American Electric Power Company Inc. 0.01%
- Apa Corp. 0.01%
- Astra International Tbk Pt 0.01%
- Atmos Energy Corp. 0.01%
- Beach Energy Ltd 0.01%
- China Petroleum & Chemical Corp. 0.01%
- China Shenhua Energy Co. Ltd. 0.01%
- Ck Asset Holdings Ltd. 0.01%
- Ck Hutchison Holdings Ltd. 0.01%
- Clp Holdings Ltd. 0.01%
- Dominion Energy Inc 0.01%
- Edp - Energias De Portugal SA 0.01%
- Emera Inc. 0.01%
- Engie SA 0.01%
- Eqt Corp. 0.01%
- Evergy Inc. 0.01%
- Imperial Oil Ltd. 0.01%
- Marubeni Corp. 0.01%
- Petrochina Co. Ltd. 0.01%
- Posco Holdings Inc. 0.01%
- Santos Limited 0.01%
- Sasol Ltd. 0.01%
- Sumitomo Corp. 0.01%
- Targa Resources Corp. 0.01%
Weapons
- Wal-Mart Stores Inc 0.28%
- Walmart Inc. 0.17%
- Brookfield Asset Management Inc. 0.05%
- Amphenol Corp. 0.03%
- L3Harris Technologies Inc. 0.03%
- Safran SA 0.03%
- Larsen & Toubro Ltd. 0.02%
- Teledyne Technologies Inc. 0.02%
- Transdigm Group Inc. 0.02%
- Wal-Mart De Mexico Sab De Cv 0.02%
- Booz Allen Hamilton Holding Corp. 0.01%
- Howmet Aerospace Inc. 0.01%
- Thales SA 0.01%
Tobacco
- Alimentation Couche-Tard Inc. 0.03%
- Itc Ltd. 0.01%
Gambling
- Sky City Entertainment Group Limited 0.55%
- Aristocrat Leisure Limited 0.09%
- Vici Properties Inc. 0.08%
- Gaming and Leisure Properties Inc. 0.03%
- Evolution Ab 0.01%
- Galaxy Entertainment Group Ltd. 0.01%
- Las Vegas Sands Corp. 0.01%
- Tabcorp Holdings Ltd 0.01%
Alcohol
- Booster Wine Group Limited Partnership 1.94%
- Booster Wine Group Limited Partnership-B 1.17%
- Diageo PLC 0.10%
- Non-Taxable Accrual - Booster Wine Group Lp 0.10%
- Heineken Nv 0.08%
- Anheuser-Busch Inbev SA/Nv 0.03%
- Constellation Brands Inc. 0.03%
- Pernod Ricard SA 0.03%
- Ambev SA 0.02%
- Brown-Forman Corp. 0.02%
- Kweichow Moutai Co. Ltd. 0.02%
- Asahi Group Holdings Ltd. 0.01%
- Booster Wine Group Loan Facility 0.01%
- Carlsberg As 0.01%
- China Resources Beer Holdings Co. Ltd. 0.01%
- Kirin Holdings Co. Ltd. 0.01%
- Metcash Ltd 0.01%
Palm Oil
- Astra International Tbk Pt 0.01%
GMOs
- Corteva Inc. 0.04%
Human Rights & Environmental Violations
- BHP Group Limited 0.68%
- Thermo Fisher Scientific 0.52%
- Johnson & Johnson 0.44%
- Nestle SA 0.40%
- Meta Platforms Inc. 0.27%
- Shell PLC 0.24%
- Chevron Corp. 0.23%
- Meta Platforms Inc 0.23%
- Thermo Fisher Scientific Inc. 0.23%
- BHP Billiton Adr 0.21%
- Wells Fargo & Co. 0.13%
- Thermo Fisher Scientific Inc 0.12%
- Caterpillar Inc. 0.10%
- Bayer AG 0.08%
- Rio Tinto Limited 0.08%
- Rio Tinto PLC 0.06%
- Duke Energy Corp. 0.06%
- Petroleo Brasileiro SA 0.06%
- Vale SA 0.06%
- Activision Blizzard Inc. 0.05%
- Glencore PLC 0.05%
- Archer-Daniels-Midland Co. 0.04%
- Nutrien Ltd. 0.04%
- Basf Se 0.03%
- Chevron Corporation 0.03%
- Corteva Inc. 0.03%
- Freeport-Mcmoran Inc. 0.03%
- Meta Platforms Inc. Class A 0.03%
- Motorola Solutions Inc. 0.03%
- Uber Technologies Inc. 0.03%
- Barrick Gold Corp. 0.02%
- Duke Energy Corporation 0.02%
- Li Ning Co. Ltd. 0.02%
- Pg&E Corp. 0.02%
- Adani Enterprises Ltd. 0.01%
- Astra International Tbk Pt 0.01%
- Bank Leumi Le-Israel Bm 0.01%
- Centrais Eletricas Brasileiras SA 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Fmc Corp. 0.01%
- Petrochina Co. Ltd. 0.01%
Animal Cruelty
- Nestle SA 0.40%
- LVMH Moet Hennessy Louis Vuitton SA 0.37%
- Exxon Mobil Corp. 0.32%
- L'Oreal SA 0.27%
- Procter & Gamble Co. 0.27%
- Shell PLC 0.24%
- Chevron Corp. 0.23%
- Coca-Cola Co. 0.20%
- Pepsico Inc. 0.20%
- LVMH Moet Hennessy Louis Vuitton Se 0.15%
- Unilever PLC 0.13%
- Reliance Industries Ltd. 0.10%
- Bayer AG 0.08%
- Mondelez International Inc. 0.07%
- 3M Co. 0.05%
- Air Liquide SA 0.05%
- Cie Financiere Richemont SA 0.05%
- Colgate-Palmolive Co. 0.05%
- Estee Lauder Cos. Inc. 0.05%
- Kerry Group PLC 0.05%
- Procter & Gamble Company 0.05%
- Archer-Daniels-Midland Co. 0.04%
- General Mills Inc. 0.04%
- LVMH 0.04%
- Nutrien Ltd. 0.04%
- Pepsico, Inc. 0.04%
- Sherwin-Williams Co. 0.04%
- Albemarle Corp. 0.03%
- Basf Se 0.03%
- Chevron Corporation 0.03%
- Coca-Cola Company 0.03%
- Constellation Brands Inc. 0.03%
- Corteva Inc. 0.03%
- Daikin Industries Ltd. 0.03%
- Danone SA 0.03%
- Dow Inc. 0.03%
- Ecolab Inc. 0.03%
- Exxon Mobil Corporation 0.03%
- Hermes International 0.03%
- Hindustan Unilever Ltd. 0.03%
- Kering SA 0.03%
- Kimberly-Clark Corp. 0.03%
- Mitsubishi Corp. 0.03%
- Ping An Insurance Group Co. Of China Ltd. 0.03%
- Asian Paints Ltd. 0.02%
- Canon Inc. 0.02%
- Church & Dwight Co. Inc. 0.02%
- Clorox Co. 0.02%
- Denso Corp. 0.02%
- Dupont De Nemours Inc. 0.02%
- Eni Spa 0.02%
- Fujifilm Holdings Corp. 0.02%
- Givaudan SA 0.02%
- International Flavors & Fragrances Inc. 0.02%
- Kao Corp. 0.02%
- Kellogg Co. 0.02%
- Keurig Dr Pepper Inc. 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Koninklijke Dsm Nv 0.02%
- Kraft Heinz Co. 0.02%
- Lair Liquide Societe Anonyme Pour 0.02%
- Loreal SA 0.02%
- Lyondellbasell Industries Nv 0.02%
- Mosaic Co. 0.02%
- Orica Ltd 0.02%
- PPG Industries Inc. 0.02%
- Tesco PLC 0.02%
- Tyson Foods Inc. 0.02%
- Ajinomoto Co. Inc. 0.01%
- Asahi Group Holdings Ltd. 0.01%
- Avantor Inc. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Entegris Inc. 0.01%
- Essity Ab 0.01%
- Fmc Corp. 0.01%
- Formosa Plastics Corp. 0.01%
- Grupo Mexico Sab De Cv 0.01%
- Hormel Foods Corp. 0.01%
- Itc Ltd. 0.01%
- Mondelez International, Inc. Class A 0.01%
- Nan Ya Plastics Corp. 0.01%
- Otsuka Holdings Co. Ltd. 0.01%
- Sasol Ltd. 0.01%
- Sgs SA 0.01%
- Shiseido Co. Ltd. 0.01%
- Symrise AG 0.01%
- Unicharm Corp. 0.01%
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 30th Sept. 2022 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.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
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.
About this fund
In their own words
The Geared Growth Fund invests predominantly in growth assets, with little or no income assets and may leverage up the total exposure to equities. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns.
| Value | $290M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 11,866 |
| Fund started | 15th July 2009 |
| Total annual fund fees | 1.51% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.47% |
| Other management and administration charges | 0.04% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nic Craven |
Currently: Chief Investment Officer, Booster Financial Services Limited (1 years, 5 months) |
|
Brendon Doyle |
Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 8 months) |
|
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (24 years, 7 months) |
|
Aaron Usher |
Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 5 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (5 years, 2 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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).
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 the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
| Issue of concern | Does this fund say it excludes this? | Actual holdings |
|---|---|---|
| Adult Entertainment /Pornography | 0.02% | |
| Alcohol | 3.73% | |
| Animal Cruelty | 5.56% | |
| Fossil Fuels | 7.57% | |
| Gambling | 0.88% | |
| GMOs | 0.04% | |
| Human Rights & Environmental Violations | 4.98% | |
| Palm Oil | 0.03% | |
| Tobacco | 0.07% | |
| Weapons | 0.81% |
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 30th Sept. 2022 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 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.
Past Returns
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 |
|---|---|---|
| 2022 | 3.94% | 5.4% |
| 2021 | 36.11% | 46.38% |
| 2020 | -6.34% | -7.45% |
| 2019 | 9.78% | 10.51% |
| 2018 | 6.95% | 10.23% |
| 2017 | 10.40% | 14.56% |
| 2016 | 4.51% | 0.96% |
| 2015 | 15.30% | 18.4% |
| 2014 | 10.31% | 7.74% |
| 2013 | 13.23% | 10.09% |
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 31st Dec. 2022.
Top 10 Investments
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund38.63% -
Vanguard Emerging Markets Share Index Fund
Australia Fund6.64% -
Vanguard ESG US Stock ETF
United States Fund3.89% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund2.68% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities2.59% -
Auckland International Airport Limited
New Zealand Australasian Equities2.32% -
Spark New Zealand Limited
New Zealand Australasian Equities2.04% -
Booster Wine Group Limited Partnership
New Zealand Australasian Equities1.82% -
Ishares Msci Europe ESG ETF
Germany Fund1.68% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+1.63%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.0% | 1.43% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 33.0% | 29.82% |
| International Equities | 55.0% | 63.57% |
| Listed Properties | 5.0% | 4.42% |
| Unlisted Properties | 6.0% | 0.76% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2022.