Booster Socially Responsible Investment High Growth Fund

Join this fund »
Mindful Fund
Type: Aggressive fund
Past Returns: 6.31%

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

Annual Fees: 1.3%

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

GMOs

Novartis AG 0.21%

Human Rights & Environmental Violations

Johnson & Johnson 0.09%

Animal Testing

Colgate-Palmolive Company 0.260%
Danone SA 0.310%
Ecolab Inc 0.350%
Givaudan SA 0.430%
Johnson & Johnson 0.090%
Kao Corporation 0.210%
Kimberly-Clark Corp 0.210%
L'Oreal SA 0.540%
Pepsico Inc 1.450%
Procter & Gamble Co. 1.420%
Unilever PLC 0.250%

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 March 31st 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.

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 -7.41% 2.09%
2019 10.11% 8.9%
2018 6.68% 7.95%
2017 11.18% 8.86%
2016 4.51% 4.19%
2015 15.30% 11.8%
2014 10.31% 1.3%
2013 13.23% 14.63%
2012 -5.15% -7.11%

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:

  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    4.52%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    3.87%
  • Microsoft Corporation
    United States International Equities
    3.62%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    3.14%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    2.98%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    2.24%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.17%
  • Roche Holding AG
    Switzerland International Equities
    2.09%
  • The Home Depot, Inc
    United States International Equities
    1.97%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.8%

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

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 2.0% 6.89%
New Zealand Fixed Interest 0.0% 1.97%
International Fixed Interest 0.0% 3.87%
Australasian Equities 32.0% 27.35%
International Equities 54.0% 55.59%
Listed Properties 12.0% 4.33%
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 Tue June 30th 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:
    0.00%
  • Animal Testing:
    5.55%
  • Fossil Fuels:
    0.03%
  • Gambling:
    0.00%
  • GMOs:
    0.21%
  • Human Rights & Environmental Violations:
    0.10%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    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 Tue March 31st 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 High Growth Fund invests predominantly in growth assets, with little or no income 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 high level of risk in order to potentially achieve higher 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 $100M NZD
Period of data report Tue June 30th 2020
Members 4,864
Fund started Fri May 21st 2010
Total annual fund fees 1.3%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Administration charges 0.13%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

David Beattie

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

Allan Yeo

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

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)

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

Downloads

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.