Booster Socially Responsible Growth Fund

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Fund type: Growth fund

Past Returns: No three year data yet

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

Annual Fees: 1.32%

Annual fees, including management and administration fees, but not membership 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

Gambling

Vici Properties Inc. 0.06%
Gaming and Leisure Properties Inc. 0.02%

Human Rights & Environmental Violations

Thermo Fisher Scientific 0.58%
Meta Platforms Inc 0.47%
Johnson & Johnson 0.40%
Wells Fargo & Company 0.20%
Caterpillar Inc 0.18%
Uber Technologies Inc 0.14%
Freeport-Mcmoran Inc 0.13%
Archer-Daniels-Midland Co 0.10%
Barrick Gold Corporation 0.09%

Animal Testing

Pepsico Inc 0.57%
Unilever PLC 0.24%
L'Oreal SA 0.23%
Mondelez International Inc 0.22%
Sherwin-Williams 0.18%
General Mills Inc 0.16%
3M Co 0.13%
Kellogg Co 0.13%
Mosaic Co 0.13%
Richemont SA 0.13%
Archer-Daniels-Midland Co 0.10%
Church & Dwight Co Inc 0.09%
Dow Inc 0.09%
Koninklijke Dsm Nv 0.09%
Kraft Heinz Co 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 Fri Sept. 30th 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.

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

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    8.86%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    4.26%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.45%
  • Microsoft Corporation
    United States International Equities
    2.34%
  • Apple Inc
    United States International Equities
    2.28%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    1.88%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.85%
  • Amazon.Com Inc
    United States International Equities
    1.76%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.6%
  • Alphabet Inc (Class C)
    United States International Equities
    1.25%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Fri Sept. 30th 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 2.0% 8.2%
New Zealand Fixed Interest 12.0% 7.55%
International Fixed Interest 11.0% 8.75%
Australasian Equities 26.0% 23.05%
International Equities 42.0% 47.67%
Listed Properties 7.0% 4.78%
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 Fri Sept. 30th 2022.

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 Testing:
    2.66%
  • Fossil Fuels:
    0.01%
  • Gambling:
    0.08%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    2.36%
  • 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 Fri Sept. 30th 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.

In their own words

"The Socially Responsible Growth Fund invests mainly in growth assets, with some 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 medium to high level of risk in order to potentially achieve higher returns."

Value $7.8M NZD
Period of data report Fri Sept. 30th 2022
Members 562
Fund started Wed March 30th 2022
Total annual fund fees 1.32%
Total performance based fees 0.0%
Manager's basic fee 1.32%
Other management and administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (1 years, 2 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

Brendon Doyle

Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 5 months)
Previously: Director of Direct Investments, Booster Financial Services Limited (current position) (1 years, 1 months)

Allan Yeo

Currently: Managing Director, Booster Financial Services Limited (24 years, 4 months)
Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 2 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 9 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (4 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 Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.