Booster Geared Growth Fund

Not Mindful

Type: Aggressive fund

Past Returns: 16.48%

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

Annual Fees: 1.61%

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

Anglo American PLC 0.04%
Arcelormittal SA 0.02%
BHP Billiton Adr 0.36%
BHP Group Limited 0.48%
BHP Group PLC 0.05%
Canadian Natural Resources Ltd. 0.02%
Cheniere Energy Inc. 0.01%
China Petroleum & Chemical Corp. Class H 0.01%
Ck Hutchison Holdings Ltd. 0.02%
Coca-Cola Co. 0.16%
Coca-Cola Company 0.01%
Conocophillips 0.05%
Devon Energy Corp. 0.01%
Dominion Energy Inc. 0.05%
Enbridge Inc. 0.06%
Engie SA 0.01%
Eni Spa 0.02%
Eog Resources Inc. 0.03%
Equinor Asa 0.23%
Exxon Mobil Corp. 0.18%
First Quantum Minerals Ltd. 0.01%
Gazprom PJSC 0.03%
Genesis Energy Limited 0.38%
Glencore PLC 0.03%
Hess Corp. 0.02%
Hong Kong & China Gas Co. Ltd. 0.01%
Itochu Corp. 0.03%
Jardine Matheson Holdings Ltd. 0.01%
Kinder Morgan Inc. 0.02%
Lg Corp. 0.01%
Lukoil PJSC 0.03%
Lyondellbasell Industries Nv 0.04%
Lyondellbasell Industries Nv Class A 0.02%
Marathon Petroleum Corp. 0.02%
Mitsubishi Corp. 0.03%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.02%
Nippon Steel Corp. 0.01%
Novatek PJSC Gdr 0.02%
Occidental Petroleum Corp. 0.02%
Oil Search Ltd 0.02%
Oneok Inc. 0.02%
Origin Energy Limited 0.08%
Pembina Pipeline Corp. 0.01%
Phillips 66 0.03%
Pioneer Natural Resources Co. 0.02%
Posco 0.02%
Ptt Pcl (Foreign) 0.01%
Public Service Enterprise Group Inc. 0.02%
Reliance Industries Ltd. 0.08%
Repsol SA 0.01%
Royal Dutch Shell PLC Class A 0.05%
Royal Dutch Shell PLC Class B 0.05%
Santos Limited 0.09%
Saudi Arabian Oil Co. 0.02%
Sk Innovation Co. Ltd. 0.01%
Sumitomo Corp. 0.01%
Suncor Energy Inc. 0.02%
Tc Energy Corp. 0.04%
Total Se 0.53%
Vale SA 0.08%
Viva Energy Group Ltd 0.01%
Washington H Soul Pattinson & Co Ltd 0.01%
Williams Cos. Inc. 0.02%
Woodside Petroleum Limited 0.12%

Weapons

Amphenol Corp. Class A 0.03%
L3Harris Technologies Inc. 0.03%
Larsen & Toubro Ltd. 0.01%
Safran SA 0.04%
Teledyne Technologies Inc. 0.01%
Transdigm Group Inc. 0.02%

Tobacco

Alimentation Couche-Tard Inc. Class B 0.02%
Kt&G Corp. 0.01%
Seven & I Holdings Co. Ltd. 0.03%

Gambling

Aristocrat Leisure Limited 0.11%
Crown Resorts Ltd 0.01%
Flutter Entertainment PLC 0.02%
Galaxy Entertainment Group Ltd. 0.02%
Gaming and Leisure Properties Inc. 0.02%
Las Vegas Sands Corp. 0.02%
Mgm Resorts International 0.01%
Pointsbet Holdings Ltd 0.01%
Sky City Entertainment Group Ltd 0.95%
Star Entertainment Group 0.13%
Star Entertainment Grp Ltd/The 0.01%
Tabcorp Holdings Ltd 0.03%
Vici Properties Inc. 0.04%

Adult Entertainment/Pornography

Alcohol

Ambev SA 0.01%
Anheuser-Busch Inbev SA/Nv 0.04%
Asahi Group Holdings Ltd. 0.01%
Booster Wine Group Limited Partnership 0.64%
Booster Wine Group Loan Facility 0.46%
Brown-Forman Corp. Class B 0.02%
Carlsberg As Class B 0.01%
China Resources Beer Holdings Co. Ltd. 0.01%
Constellation Brands Inc. Class A 0.03%
Diageo PLC 0.09%
Heineken Nv 0.02%
Kirin Holdings Co. Ltd. 0.01%
Kweichow Moutai Co. Ltd. Class A 0.02%
LVMH 0.03%
LVMH Moet Hennessy Louis Vuitton SA 0.43%
LVMH Moet Hennessy Louis Vuitton Se 0.16%
Metcash Ltd 0.02%
Non-Taxable Accrual - Booster Wine Group Lp 0.08%
Pernod Ricard SA 0.03%
Waimea Estates (Nelson) Limited 0.29%
Wuliangye Yibin Co. Ltd. Class A 0.01%

Palm Oil

Posco 0.02%

GMOs

Corteva Inc 0.04%
Corteva Inc. 0.03%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co. 0.03%
BHP Billiton Adr 0.36%
BHP Group Limited 0.48%
BHP Group PLC 0.05%
Barrick Gold Corp. 0.03%
Bayer AG 0.05%
Duke Energy Corp. 0.05%
Formosa Chemicals & Fibre Corp. 0.01%
Formosa Plastics Corp. 0.02%
Freeport-Mcmoran Inc. 0.12%
Glencore PLC 0.03%
Grupo Mexico Sab De Cv Class B 0.01%
Johnson & Johnson 0.32%
Mmc Norilsk Nickel PJSC 0.02%
Motorola Solutions Inc. 0.02%
Nestle SA 0.29%
Petroleo Brasileiro SA 0.02%
Petroleo Brasileiro SA Preference Shares 0.02%
Posco 0.02%
Rio Tinto Limited 0.20%
Rio Tinto PLC 0.08%
Royal Dutch Shell PLC Class A 0.05%
Royal Dutch Shell PLC Class B 0.05%
Sempra Energy 0.03%
Vale SA 0.08%

Animal Testing

Air Liquide SA 0.050%
Akzo Nobel Nv 0.020%
Albemarle Corp. 0.010%
Albemarle Corporation 0.030%
Archer-Daniels-Midland Co. 0.030%
Asahi Group Holdings Ltd. 0.010%
Avantor Inc. 0.010%
Basf Se 0.050%
Bayer AG 0.050%
Celanese Corp. Class A 0.010%
Celanese Corporation 0.020%
Church & Dwight Co. Inc. 0.020%
Clorox Co. 0.020%
Coca-Cola Co. 0.160%
Coca-Cola Company 0.020%
Corteva Inc 0.040%
Corteva Inc. 0.030%
Danone SA 0.030%
Dow Inc. 0.100%
Dupont De Nemours Inc. 0.090%
Eastman Chemical Co. 0.010%
Eastman Chemical Company 0.020%
Ecolab Inc. 0.110%
Estee Lauder Cos. Inc. Class A 0.050%
Fmc Corp. 0.010%
Fmc Corporation 0.020%
Formosa Chemicals & Fibre Corp. 0.010%
Formosa Plastics Corp. 0.020%
Fujifilm Holdings Corp. 0.020%
General Mills Inc. 0.030%
Givaudan SA 0.030%
Glaxosmithkline PLC 0.080%
Henkel AG & Co. Kgaa Preference Shares 0.010%
Hermes International 0.030%
Hindustan Unilever Ltd. 0.030%
Hp Inc. 0.040%
Ingersoll Rand Inc. 0.010%
International Flavors & Fragrances Inc. 0.070%
Johnson & Johnson 0.320%
Kao Corp. 0.020%
Kellogg Co. 0.010%
Kerry Group PLC Class A 0.020%
Keurig Dr Pepper Inc. 0.020%
Kimberly-Clark Corp. 0.030%
Kirin Holdings Co. Ltd. 0.010%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co. 0.020%
L'Oreal SA 0.350%
LVMH 0.030%
LVMH Moet Hennessy Louis Vuitton SA 0.430%
LVMH Moet Hennessy Louis Vuitton Se 0.160%
Lg Household & Health Care Ltd. 0.010%
Linde PLC 0.720%
Loreal SA 0.010%
Lyondellbasell Industries Nv 0.040%
Lyondellbasell Industries Nv Class A 0.020%
Mondelez International Inc. Class A 0.070%
Mosaic Company 0.020%
Nan Ya Plastics Corp. 0.020%
Nestle SA 0.290%
Nutrien Ltd. 0.020%
Orica Limited 0.020%
PPG Industries Inc. 0.090%
Pepsico Inc. 0.150%
Pepsico, Inc. 0.020%
Procter & Gamble Co. 0.240%
Procter & Gamble Company 0.030%
Reckitt Benckiser Group PLC 0.050%
Reliance Industries Ltd. 0.080%
Royal Dutch Shell PLC Class A 0.050%
Royal Dutch Shell PLC Class B 0.050%
Seven & I Holdings Co. Ltd. 0.020%
Sherwin-Williams Co. 0.050%
Sherwin-Williams Company 0.090%
Shin-Etsu Chemical Co. Ltd. 0.050%
Shiseido Co. Ltd. 0.020%
Sk Innovation Co. Ltd. 0.010%
Symrise AG Class A 0.010%
Tesco PLC 0.020%
Unicharm Corp. 0.010%
Unilever PLC 0.130%

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 March 31st 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	35.08%	46.38%
2020	-6.18%	-7.45%
2019	9.46%	10.51%
2018	6.55%	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%
2012	-5.15%	-7.78%

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 June 30th 2021.

Showing the top 10 investments for this fund:

Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund

41.11%
Vanguard Emerging Markets Share Index Fund
Australia Fund

8.16%
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities

3.74%
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund

2.91%
Auckland International Airport Limited
New Zealand Australasian Equities

2.39%
Vanguard Esg US Stock ETF
United States Fund

2.37%
Spark New Zealand Limited
New Zealand Australasian Equities

1.9%
Meridian Energy Limited
New Zealand Australasian Equities

1.44%
Mainfreight Limited
New Zealand Australasian Equities

1.41%
Ishares U.S. Insurance Index ETF
United States Fund

1.37%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed June 30th 2021.

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

Target

Actual

Type	Target	Actual
Cash and Cash Equivalents	1.0%	0.89%
New Zealand Fixed Interest	0.0%	0.46%
International Fixed Interest	0.0%	0.0%
Australasian Equities	33.0%	29.63%
International Equities	52.0%	63.74%
Listed Properties	8.0%	4.67%
Unlisted Properties	6.0%	0.61%
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 June 30th 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:

2.51%
Animal Testing:

5.88%
Fossil Fuels:

4.51%
Gambling:

1.46%
GMOs:

0.07%
Human Rights & Environmental Violations:

2.60%
Palm Oil:

0.07%
Tobacco:

0.07%
Weapons:

0.25%

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 Geared Growth Fund invests predominantly in growth assets with little or no income assets and may borrow to 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	$200M NZD
Period of data report	Wed June 30th 2021
Members	7,981
Fund started	Wed July 15th 2009
Total annual fund fees	1.61%
Total performance based fees	0.0%
Manager's basic fee	1.55%
Other management and administration charges	0.06%
Total other charges	36.0
Total other charges currency	NZD

Key Personnel

David Beattie	Currently: Principal Booster Financial Services Limited (3 years, 1 months) Previously: CIO Booster Financial Services Limited (17 years, 6 months)
Nic Craven	Currently: Senior Manager - Research Booster Financial Services Limited (3 years, 1 months) Previously: Research Manager Booster Financial Services Limited (4 years, 2 months)
Allan Yeo	Currently: Managing Director Booster Financial Services Limited (23 years, 1 months) Previously: Associate Director Barclays Bank plc (2 years, 0 months)
Rowan Calvert	Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (3 years, 8 months) Previously: Senior Equity Analyst Booster Financial Services Limited (7 years, 4 months)
Aaron Usher	Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 8 months) Previously: Equity Analyst Booster Financial Services Limited (5 years, 9 months)