Booster Socially Responsible Investment Balanced Fund

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Mindful Fund
Type: Balanced fund
Past Returns: 4.93%

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

Annual Fees: 1.25%

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

Weapons

Alcohol

GMOs

Novartis Ag 0.12%

Human Rights & Environmental Violations

Johnson & Johnson 0.05%

Animal Testing

Pepsico Inc 0.840%
Procter & Gamble Co. 0.830%
L'Oreal Sa 0.310%
Givaudan Sa 0.250%
Ecolab Inc 0.200%
Danone Sa 0.180%
Colgate-Palmolive Company 0.150%
Unilever Plc 0.150%
Kao Corporation 0.120%
Kimberly-Clark Corp 0.120%
Johnson & Johnson 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 Tue June 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 and research organisations.

A summary of this fund and its details.

Number FND1287
Name Booster Socially Responsible Investment Balanced Fund
Risk profile Balanced fund
Description The Socially Responsible Investment 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).
Value $85M NZD
Members 5,542
Market index description The market index return is based on the weighted average return of the market indices used in respect of the underlying asset classes as described in the Statement of Investment Policy and Objectives.
Period of data report Tue June 30th 2020
Fund started Tue July 1st 2014
Three-year average return 4.93%
Market index past year return 5.29%
Past year return net of charges and tax 7.75%
Past year return net of charges gross of tax 8.76%
Market index return since fund started 9.11%
Return since fund started net 7.39%
Total annual fund fees 1.25%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Administration charges 0.08%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (22 years, 1 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, 10 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • Bhanu Singh

    Currently: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (4 years, 10 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • Bhanu Singh

    Currently: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (4 years, 10 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (2 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (33 years, 6 months)
    Previously: Financial Adviser, National Mutual Limited (13 years, 8 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (33 years, 6 months)
    Previously: Financial Adviser, National Mutual Limited (13 years, 8 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (33 years, 6 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, 4 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Jed Fogdall

    Currently: Head of Global Portfolio Management and Chair of the Investment Committee, Dimensional Fund Advisors (1 years, 4 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Jed Fogdall

    Currently: Head of Global Portfolio Management and Chair of the Investment Committee, Dimensional Fund Advisors (1 years, 4 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, 8 months)
    Previously: Ex officio member of the Investment Committee, Dimensional Fund Advisors (0 years, 11 months)

  • Joseph Chi

    Currently: Head of Responsible Investment and ex officio member of the Corporate Governance Committee, Dimensional Fund Advisors (0 years, 8 months)
    Previously: Ex officio member of the Investment Committee, Dimensional Fund Advisors (0 years, 11 months)

  • Joseph Chi

    Currently: Head of Responsible Investment and ex officio member of the Corporate Governance Committee, Dimensional Fund Advisors (0 years, 8 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 (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (2 years, 1 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (18 years, 1 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (18 years, 1 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (18 years, 1 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, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (2 years, 8 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 Tue June 30th 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.

Year Market Average Fund Annual Return
2020 -1.89% 2.32%
2019 5.68% 7.01%
2018 5.63% 5.45%
2017 6.10% 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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    20.33%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    2.95%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    2.56%
  • Microsoft Corporation
    United States International Equities
    2.19%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.04%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    1.78%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.27%
  • Roche Holding Ag
    Switzerland International Equities
    1.26%
  • The Home Depot, Inc
    United States International Equities
    1.19%
  • New Zealand Government Stock 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    1.12%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register 30 June 2020 .

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 11.85%
New Zealand Fixed Interest 17.0% 12.06%
International Fixed Interest 23.0% 20.38%
Australasian Equities 18.0% 17.89%
International Equities 30.0% 33.74%
Listed Properties 7.0% 4.08%
Unlisted Properties 0.0% 0.0%
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 30 June 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:
    0.02%
  • Animal Testing:
    3.42%
  • Fossil Fuels:
    0.15%
  • Gambling:
    0.00%
  • GMOs:
    0.15%
  • Human Rights & Environmental Violations:
    0.11%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.04%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Tue June 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 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 Socially Responsible Investment 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)."

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

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.