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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.87%
    • Thermo Fisher Scientific Inc 0.68%
    • Johnson & Johnson 0.51%
    • Uber Technologies Inc 0.23%
    • Wells Fargo & Co 0.18%
    • Caterpillar Inc 0.07%
    • Freeport-Mcmoran Inc 0.21%
    • 3M Co 0.16%
    • Barrick Gold Corp 0.09%
    • Hermes International 0.35%
    • Unilever PLC 0.30%
    • L'Oreal 0.24%
    • Sherwin-Williams Co/The 0.22%
    • Shin-Etsu Chemical Co Ltd 0.21%
    • 3M Co 0.16%
    • Air Liquide SA 0.14%
    • Church & Dwight Co Inc 0.11%
    • Dow Inc 0.09%
    • Compagnie De Saint Gobain 0.10%
    • Weir Group PLC/The 0.08%

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. 2023 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

The Socially Responsible High Growth Fund is suited to investors who seek potentially higher returns on average over long term periods (ten years plus), allowing for short to medium term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing predominantly in growth assets, with little or no allocation to income assets, and the application of our Responsible Investment Policy.

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 $461M NZD
Period of data report 30th Sept. 2023
Members 15,990
Fund started 21st May 2010
Total annual fund fees 1.28%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Other management and administration charges 0.11%
Total other charges 36.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (2 years, 2 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

Brendon Doyle

Currently: Director of Direct Investments, Booster Financial Services Limited (6 years, 8 months)
Previously: Deputy Secretary, Financial Operations, New Zealand Treasury (1 years, 1 months)

David Beattie

Currently: Chair of the Investment Committee, Booster Investment Management Limited (4 years, 7 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (2 years, 2 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 8 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (5 years, 11 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 30th Sept. 2023.

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
2023 -4.84% -2.76%
2022 3.55% 4.65%
2021 33.87% 30.79%
2020 -6.10% 2.09%
2019 10.35% 8.9%
2018 6.95% 7.95%
2017 10.40% 8.86%
2016 4.51% 4.19%
2015 15.30% 11.8%
2014 10.31% 1.3%

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 30th Sept. 2023.

Top 10 Investments

  • Microsoft Corporation
    United States International Equities
    3.14%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    2.97%
  • Apple Inc
    United States International Equities
    2.87%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    2.51%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.37%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    2.34%
  • Amazon.Com Inc
    United States International Equities
    1.99%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.93%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.66%
  • Infratil Limited
    New Zealand Australasian Equities
    1.63%
Type Target Actual
Cash and Cash Equivalents 1.0% 7.0%
New Zealand Fixed Interest 0.0% 1.41%
International Fixed Interest 0.0% 2.56%
Australasian Equities 33.0% 23.98%
International Equities 58.0% 60.42%
Listed Properties 8.0% 4.63%
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.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th Sept. 2023.