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 1.01%
    • Thermo Fisher Scientific Inc 0.48%
    • Johnson & Johnson 0.33%
    • Uber Technologies Inc 0.20%
    • Caterpillar Inc 0.17%
    • Ubs Group AG-Reg 0.15%
    • Motorola Solutions Inc 0.10%
    • Wells Fargo & Co 0.08%
    • Freeport-Mcmoran Inc 0.13%
    • Barrick Gold Corp 0.06%
    • Hermes International 0.30%
    • Unilever PLC 0.21%
    • Sherwin-Williams Co/The 0.18%
    • Shin-Etsu Chemical Co Ltd 0.18%
    • L'Oreal 0.17%
    • PPG Industries Inc 0.15%
    • Procter & Gamble Co/The 0.14%
    • Koninklijke Ahold Delhaize N 0.09%

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 2024 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 Growth Fund is suited to investors who seek potentially relatively high returns on average over longer term periods (seven 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 primarily in growth assets, with a moderate allocation of 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 $57.4M NZD
Period of data report 30th June 2024
Members 2,314
Fund started 30th March 2022
Total annual fund fees 1.22%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Other management and administration charges 0.05%
Total other charges 36.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (2 years, 11 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Chair of the Investment Committee, Booster Investment Management Limited (5 years, 4 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Charles Roberts

Currently: Adviser to Booster Investment Committee, Booster Financial Services Limited (1 years, 8 months)
Previously: Head of Money Markets, Bank of New Zealand (12 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (2 years, 11 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 (6 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 30th June 2024.

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
2024 14.32% 16.04%
2023 -3.87% -3.05%

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 June 2024.

Top 10 Investments

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    9.63%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    3.46%
  • Microsoft Corporation
    United States International Equities
    2.76%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    2.53%
  • Nvidia Corp
    United States International Equities
    2.48%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.25%
  • Apple Inc
    United States International Equities
    2.16%
  • Amazon.Com Inc
    United States International Equities
    1.76%
  • Infratil Limited
    New Zealand Australasian Equities
    1.64%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.48%
Type Target Actual
Cash and Cash Equivalents 2.0% 7.46%
New Zealand Fixed Interest 10.0% 7.89%
International Fixed Interest 8.0% 9.96%
Australasian Equities 25.0% 21.33%
International Equities 46.0% 49.05%
Listed Properties 4.0% 4.31%
Unlisted Properties 5.0% 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 June 2024.