Funds
Booster Socially Responsible Balanced 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
Gambling
- Vici Properties Inc. 0.04%
- Gaming and Leisure Properties Inc. 0.02%
Human Rights & Environmental Violations
- Thermo Fisher Scientific 0.42%
- Meta Platforms Inc 0.35%
- Johnson & Johnson 0.29%
- Wells Fargo & Company 0.14%
- Caterpillar Inc 0.13%
- Uber Technologies Inc 0.10%
- Freeport-Mcmoran Inc 0.09%
- Archer-Daniels-Midland Co 0.07%
- Barrick Gold Corporation 0.07%
Animal Cruelty
- Pepsico Inc 0.41%
- L'Oreal SA 0.17%
- Unilever PLC 0.17%
- Mondelez International Inc 0.16%
- Sherwin-Williams 0.13%
- General Mills Inc 0.12%
- 3M Co 0.10%
- Mosaic Co 0.10%
- Richemont SA 0.10%
- Kellogg Co 0.09%
- Archer-Daniels-Midland Co 0.07%
- Church & Dwight Co Inc 0.07%
- Dow Inc 0.07%
- Koninklijke Dsm Nv 0.06%
- Kraft Heinz Co 0.06%
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 Socially Responsible Balanced Fund invests in a balanced mix of income assets and growth assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, who are comfortable with a medium level of risk and are willing to accept a medium level of returns. This fund has been certified by the Responsible Investment Association Australasia (RIAA).
Booster has been looking after New Zealanders’ money since 1998. And we’re proudly Kiwi owned and operated. We’re an independent financial services company, based right here in Wellington.
We know that understanding how your money is invested is important to you. It's important to us too. That's why we consider environmental, social and governance risks when we assess investments across all of our core KiwiSaver and Investment funds.
| Value | $260M NZD |
| Period of data report | 31st Dec. 2022 |
| Members | 11,498 |
| Fund started | 1st July 2014 |
| Total annual fund fees | 1.27% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 1.17% |
| Other management and administration charges | 0.1% |
| 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 | 0.00% | |
| Alcohol | 0.00% | |
| Animal Cruelty | 2.06% | |
| Fossil Fuels | 0.01% | |
| Gambling | 0.07% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 1.83% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.00% |
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 | 0.35% | 2.05% |
| 2021 | 16.60% | 18.56% |
| 2020 | -1.09% | 2.32% |
| 2019 | 5.56% | 7.01% |
| 2018 | 5.28% | 5.45% |
| 2017 | 5.86% | 5.96% |
| 2016 | 4.01% | 4.97% |
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 Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund19.24% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+6.88% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund2.13% -
Microsoft Corporation
United States International Equities1.59% -
Apple Inc
United States International Equities1.5% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities1.39% -
Auckland International Airport Limited
New Zealand Australasian Equities1.24% -
Spark New Zealand Limited
New Zealand Australasian Equities1.09% -
Amazon.Com Inc
United States International Equities1.0% -
Alphabet Inc (Class C)
United States International Equities0.82%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 12.0% |
| New Zealand Fixed Interest | 21.0% | 13.7% |
| International Fixed Interest | 22.0% | 19.27% |
| Australasian Equities | 18.0% | 15.59% |
| International Equities | 32.0% | 35.36% |
| Listed Properties | 5.0% | 4.08% |
| Unlisted Properties | 0.0% | 0.0% |
| 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.