Funds

Booster KiwiSaver Asset Class Growth Fund

Total Ethical Concerns: 5.43%

The average total concerns of all KiwiSaver aggressive funds is 10.67%.

Companies of Concern

  • Animal Cruelty 1.22%

    • Unilever PLC
      0.10%
      0.10%
    • 0.09%
    • The Sherwin-Williams Co.
      0.06%
      0.06%
    • Orica Ltd.
      0.05%
      0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Colgate-Palmolive Co.
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • Rpm International, Inc.
      0.03%
      0.03%
    • Asian Paints Ltd.
      0.02%
      0.02%
    • Church & Dwight Co., Inc.
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.02%
      0.02%
    • Jab Holding Company
      0.02%
      0.02%
    • Koninklijke Ahold Delhaize Nv
      0.02%
      0.02%
    • Novozymes A/S
      0.02%
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • Ralph Lauren Corp.
      0.02%
      0.02%
    • Tapestry, Inc.
      0.02%
      0.02%
    • Akzo Nobel Nv
      0.01%
      0.01%
    • Colgate-Palmolive (India) Ltd.
      0.01%
      0.01%
    • Coromandel International Ltd.
      0.01%
      0.01%
    • Covestro AG
      0.01%
      0.01%
    • Givaudan SA
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Nufarm Ltd.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pi Industries Ltd.
      0.01%
      0.01%
    • Symrise AG
      0.01%
      0.01%
    • The Clorox Co.
      0.01%
      0.01%
    • Upl Ltd
      0.01%
      0.01%
  • Human Rights Violations 1.34%

    • 0.59%
    • 0.17%
    • Caterpillar
      0.10%
      0.10%
    • General Motors
      0.08%
      0.08%
    • UBS
      0.06%
      0.06%
    • Li Ning Co Ltd
      0.03%
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Wells Fargo
      0.03%
      0.03%
    • Grupo México S.A.B. De C.V.
      0.02%
      0.02%
    • Mtn Group Limited
      0.02%
      0.02%
    • 0.02%
    • China State Construction Engineering
      0.01%
      0.01%
    • Kbr, Inc.
      0.01%
      0.01%
  • Social Harm 0.16%

  • Fossil Fuels 1.9%

    • Contact Energy Ltd.
      0.67%
      1.5°C
      This company is on a 1.5°C pathway
      0.67%
    • 0.19%
    • Channel Infrastructure
      0.10%
      0.10%
    • Ampol Ltd.
      0.06%
      0.06%
    • Fairfax Financial Holdings Ltd.
      0.05%
      0.05%
    • Orica Ltd.
      0.05%
      0.05%
    • Enn Clean Energy International Investment Ltd.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Texas Pacific Land Corp.
      0.03%
      0.03%
    • Valero Energy Corp.
      0.03%
      0.03%
    • Atmos Energy Corp.
      0.02%
      0.02%
    • Consolidated Edison, Inc.
      0.02%
      0.02%
    • E.On Se
      0.02%
      0.02%
    • Enel
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Grupo México S.A.B. De C.V.
      0.02%
      0.02%
    • Halliburton Co.
      0.02%
      0.02%
    • Loews Corp.
      0.02%
      0.02%
    • National Grid PLC
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Perenti Ltd.
      0.02%
      0.02%
    • Petronet Lng Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Samsung C&T Corp.
      0.02%
      0.02%
    • Viva Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Weg SA
      0.02%
      0.02%
    • Bharat Petroleum Corp. Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Dalrymple Bay Infrastructure Ltd.
      0.01%
      0.01%
    • Enbridge, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Ftai Aviation Ltd.
      0.01%
      0.01%
    • Jefferies
      0.01%
      0.01%
    • Oneok, Inc.
      0.01%
      0.01%
    • Petron Corp.
      0.01%
      0.01%
    • Phillips 66
      0.01%
      0.01%
    • Samsung E&A Co. Ltd.
      0.01%
      0.01%
  • Weapons 0.6%

    • 0.16%
    • Embraer SA
      0.03%
      0.03%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Bharat Electronics Ltd.
      0.02%
      0.02%
    • Booz Allen Hamilton Holding Corp.
      0.02%
      0.02%
    • Hyundai Rotem Co.
      0.02%
      0.02%
    • Rheinmetall AG
      0.02%
      0.02%
    • Amphenol Corp.
      0.01%
      0.01%
    • Ashok Leyland Ltd.
      0.01%
      0.01%
    • Austal Ltd.
      0.01%
      0.01%
    • Caci International, Inc.
      0.01%
      0.01%
    • Curtiss-Wright Corp.
      0.01%
      0.01%
    • Heico Corp.
      0.01%
      0.01%
    • Howmet Aerospace, Inc.
      0.01%
      0.01%
    • Kbr, Inc.
      0.01%
      0.01%
    • Science Applications International Corp.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
  • Environmental Harm 0.59%

    • Coca-Cola
      0.11%
      0.11%
    • Fonterra
      0.10%
      0.10%
    • Unilever PLC
      0.10%
      0.10%
    • PepsiCo
      0.05%
      0.05%
    • 0.04%
    • 3M
      0.03%
      0.03%
    • Corteva, Inc.
      0.02%
      0.02%
    • 0.02%
    • Coromandel International Ltd.
      0.01%
      0.01%
    • Danone
      0.01%
      0.01%
    • NHPC
      0.01%
      0.01%
    • Nufarm Ltd.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pi Industries Ltd.
      0.01%
      0.01%
    • Upl Ltd
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The Asset Class Growth Fund is suited to investors who seek potentially relatively high returns on average over the longer-term periods (ten years plus), allowing for short to medium term ups and downs. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets. Exposure is achieved by primarily investing in DFA Australia Limited (Dimensional) funds, utilising their Sustainability Trusts where available.

    Value $133M NZD
    Period of data report 31st March 2025
    Members 2,924
    Fund started 1st July 2014
    Total annual fund fees 1.25%
    Total performance based fees 0.0%
    Manager's basic fee 1.25%
    Other management and administration charges 0.0%
    Total other charges 36.0
    Total other charges currency NZD

    Bhanu Singh

    Currently: Chief Executive Officer, Australia and Senior Investment Director, Dimensional Fund Advisors (2 years, 3 months)
    Previously: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (7 years, 4 months)

    Jed Fogdall

    Currently: Global Head of Portfolio Management, Dimensional Fund Advisors (6 years, 1 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 0 months)

    Jim Whittington

    Currently: Head of Responsible Investment, Senior Portfolio Manager & VP, Dimensional Fund Advisors (3 years, 5 months)
    Previously: Senior Portfolio Manager and Vice President, Dimensional Fund Advisors (9 years, 3 months)

    Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (22 years, 0 months)
    Previously: Financial Adviser, Stewart Financial Group Limited (2 years, 9 months)

    Rory O’Neill

    Currently: Executive Director, Stewart Financial Group Limited (2 years, 6 months)
    Previously: General Manager, Stewart Financial Group Limited (7 years, 5 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.37% 5.68%
    2024 16.75% 16.64%
    2023 -4.84% -4.55%
    2022 3.55% 3.15%
    2021 33.87% 36.67%
    2020 -6.10% -13.05%
    2019 10.35% 3.35%
    2018 6.95% 7.54%
    2017 10.40% 11.59%
    2016 4.51% 0.83%

    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 March 2025.

  • Investments

    Top 10 Investments

    • DFA Global Sustainability PIE Fund

      New Zealand Fund

      26.68%
    • DFA Global Sustainability PIE Fund (NZD Hedged)

      New Zealand Fund

      26.44%
    • DFA Emerging Markets Sustainability Trust

      Australia Fund

      13.55%
    • NZX New Zealand Core Equity Trust Class

      New Zealand Fund

      12.29%
    • DFA Global Bond Sustainability PIE Fund

      Australia Fund

      8.12%
    • DFA Global Real Estate Trust NZD Hedged Class Units

      Australia Fund

      5.1%
    • Dimensional Australian Sustainability PIE Fund

      New Zealand Fund

      4.12%
    • NZ Cash (BNZ Bank Trust Account)

      New Zealand Cash and Equivalents A-1+

      2.15%
    • DFA Two-Year Sustainability Fixed Interest PIE Fund

      Australia Fund

      1.55%
    Type Target Actual
    Cash and Cash Equivalents 1.0% 2.15%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 9.0% 9.67%
    Australasian Equities 17.0% 16.41%
    International Equities 68.0% 66.67%
    Listed Properties 5.0% 5.1%
    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 by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 31st March 2025 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.

Issues of Concern

  • 1.22% Animal Cruelty
  • 1.34% Human Rights Violations
  • 0.16% Social Harm
  • 1.9% Fossil Fuels
  • 0.6% Weapons
  • 0.59% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Unilever PLC
      0.10%
      0.10%
    • 0.09%
    • The Sherwin-Williams Co.
      0.06%
      0.06%
    • Orica Ltd.
      0.05%
      0.05%
    • Hermès International Sca
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Colgate-Palmolive Co.
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • Rpm International, Inc.
      0.03%
      0.03%
    • Asian Paints Ltd.
      0.02%
      0.02%
    • Church & Dwight Co., Inc.
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Dupont De Nemours
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.02%
      0.02%
    • Jab Holding Company
      0.02%
      0.02%
    • Koninklijke Ahold Delhaize Nv
      0.02%
      0.02%
    • Novozymes A/S
      0.02%
      0.02%
    • PPG Industries, Inc.
      0.02%
      0.02%
    • Ralph Lauren Corp.
      0.02%
      0.02%
    • Tapestry, Inc.
      0.02%
      0.02%
    • Akzo Nobel Nv
      0.01%
      0.01%
    • Colgate-Palmolive (India) Ltd.
      0.01%
      0.01%
    • Coromandel International Ltd.
      0.01%
      0.01%
    • Covestro AG
      0.01%
      0.01%
    • Givaudan SA
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Nufarm Ltd.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pi Industries Ltd.
      0.01%
      0.01%
    • Symrise AG
      0.01%
      0.01%
    • The Clorox Co.
      0.01%
      0.01%
    • Upl Ltd
      0.01%
      0.01%
  • Human Rights Violations

    • 0.59%
    • 0.17%
    • Caterpillar
      0.10%
      0.10%
    • General Motors
      0.08%
      0.08%
    • UBS
      0.06%
      0.06%
    • Li Ning Co Ltd
      0.03%
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Wells Fargo
      0.03%
      0.03%
    • Grupo México S.A.B. De C.V.
      0.02%
      0.02%
    • Mtn Group Limited
      0.02%
      0.02%
    • 0.02%
    • China State Construction Engineering
      0.01%
      0.01%
    • Kbr, Inc.
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.67%
      1.5°C
      This company is on a 1.5°C pathway
      0.67%
    • 0.19%
    • Channel Infrastructure
      0.10%
      0.10%
    • Ampol Ltd.
      0.06%
      0.06%
    • Fairfax Financial Holdings Ltd.
      0.05%
      0.05%
    • Orica Ltd.
      0.05%
      0.05%
    • Enn Clean Energy International Investment Ltd.
      0.03%
      0.03%
    • Hd Hyundai Co., Ltd.
      0.03%
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Texas Pacific Land Corp.
      0.03%
      0.03%
    • Valero Energy Corp.
      0.03%
      0.03%
    • Atmos Energy Corp.
      0.02%
      0.02%
    • Consolidated Edison, Inc.
      0.02%
      0.02%
    • E.On Se
      0.02%
      0.02%
    • Enel
      0.02%
      1.5°C
      This company is on a 1.5°C pathway
      0.02%
    • Grupo México S.A.B. De C.V.
      0.02%
      0.02%
    • Halliburton Co.
      0.02%
      0.02%
    • Loews Corp.
      0.02%
      0.02%
    • National Grid PLC
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Perenti Ltd.
      0.02%
      0.02%
    • Petronet Lng Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Samsung C&T Corp.
      0.02%
      0.02%
    • Viva Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Weg SA
      0.02%
      0.02%
    • Bharat Petroleum Corp. Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Dalrymple Bay Infrastructure Ltd.
      0.01%
      0.01%
    • Enbridge, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Ftai Aviation Ltd.
      0.01%
      0.01%
    • Jefferies
      0.01%
      0.01%
    • Oneok, Inc.
      0.01%
      0.01%
    • Petron Corp.
      0.01%
      0.01%
    • Phillips 66
      0.01%
      0.01%
    • Samsung E&A Co. Ltd.
      0.01%
      0.01%
  • Weapons

    • 0.16%
    • Embraer SA
      0.03%
      0.03%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Bharat Electronics Ltd.
      0.02%
      0.02%
    • Booz Allen Hamilton Holding Corp.
      0.02%
      0.02%
    • Hyundai Rotem Co.
      0.02%
      0.02%
    • Rheinmetall AG
      0.02%
      0.02%
    • Amphenol Corp.
      0.01%
      0.01%
    • Ashok Leyland Ltd.
      0.01%
      0.01%
    • Austal Ltd.
      0.01%
      0.01%
    • Caci International, Inc.
      0.01%
      0.01%
    • Curtiss-Wright Corp.
      0.01%
      0.01%
    • Heico Corp.
      0.01%
      0.01%
    • Howmet Aerospace, Inc.
      0.01%
      0.01%
    • Kbr, Inc.
      0.01%
      0.01%
    • Science Applications International Corp.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
  • Environmental Harm

    • Coca-Cola
      0.11%
      0.11%
    • Fonterra
      0.10%
      0.10%
    • Unilever PLC
      0.10%
      0.10%
    • PepsiCo
      0.05%
      0.05%
    • 0.04%
    • 3M
      0.03%
      0.03%
    • Corteva, Inc.
      0.02%
      0.02%
    • 0.02%
    • Coromandel International Ltd.
      0.01%
      0.01%
    • Danone
      0.01%
      0.01%
    • NHPC
      0.01%
      0.01%
    • Nufarm Ltd.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pi Industries Ltd.
      0.01%
      0.01%
    • Upl Ltd
      0.01%
      0.01%

About this Fund

The Asset Class Growth Fund is suited to investors who seek potentially relatively high returns on average over the longer-term periods (ten years plus), allowing for short to medium term ups and downs. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets. Exposure is achieved by primarily investing in DFA Australia Limited (Dimensional) funds, utilising their Sustainability Trusts where available.

Value $133M NZD
Period of data report 31st March 2025
Members 2,924
Fund started 1st July 2014
Total annual fund fees 1.25%
Total performance based fees 0.0%
Manager's basic fee 1.25%
Other management and administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Bhanu Singh

Currently: Chief Executive Officer, Australia and Senior Investment Director, Dimensional Fund Advisors (2 years, 3 months)
Previously: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (7 years, 4 months)

Jed Fogdall

Currently: Global Head of Portfolio Management, Dimensional Fund Advisors (6 years, 1 months)
Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 0 months)

Jim Whittington

Currently: Head of Responsible Investment, Senior Portfolio Manager & VP, Dimensional Fund Advisors (3 years, 5 months)
Previously: Senior Portfolio Manager and Vice President, Dimensional Fund Advisors (9 years, 3 months)

Nicholas Stewart

Currently: Executive Director, Stewart Financial Group Limited (22 years, 0 months)
Previously: Financial Adviser, Stewart Financial Group Limited (2 years, 9 months)

Rory O’Neill

Currently: Executive Director, Stewart Financial Group Limited (2 years, 6 months)
Previously: General Manager, Stewart Financial Group Limited (7 years, 5 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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
2025 4.37% 5.68%
2024 16.75% 16.64%
2023 -4.84% -4.55%
2022 3.55% 3.15%
2021 33.87% 36.67%
2020 -6.10% -13.05%
2019 10.35% 3.35%
2018 6.95% 7.54%
2017 10.40% 11.59%
2016 4.51% 0.83%

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 March 2025.

Top 10 Investments

  • DFA Global Sustainability PIE Fund

    New Zealand Fund

    26.68%
  • DFA Global Sustainability PIE Fund (NZD Hedged)

    New Zealand Fund

    26.44%
  • DFA Emerging Markets Sustainability Trust

    Australia Fund

    13.55%
  • NZX New Zealand Core Equity Trust Class

    New Zealand Fund

    12.29%
  • DFA Global Bond Sustainability PIE Fund

    Australia Fund

    8.12%
  • DFA Global Real Estate Trust NZD Hedged Class Units

    Australia Fund

    5.1%
  • Dimensional Australian Sustainability PIE Fund

    New Zealand Fund

    4.12%
  • NZ Cash (BNZ Bank Trust Account)

    New Zealand Cash and Equivalents A-1+

    2.15%
  • DFA Two-Year Sustainability Fixed Interest PIE Fund

    Australia Fund

    1.55%
Type Target Actual
Cash and Cash Equivalents 1.0% 2.15%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 9.0% 9.67%
Australasian Equities 17.0% 16.41%
International Equities 68.0% 66.67%
Listed Properties 5.0% 5.1%
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 by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.