Booster Asset Class Balanced Fund

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Type: Balanced fund
Past Returns: 6.47%

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

Annual Fees: 1.21%

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

Apa Group 0.01%
Astra International Tbk Pt 0.01%
BHP Group Ltd 0.16%
BHP Group PLC 0.02%
BP Cap Markets America 1.749000% 08/10/2030 0.01%
Beach Energy Ltd 0.02%
Canadian Natural Resources 0.03%
Centrica PLC 4.375000% 03/13/2029 0.06%
Chevron Corp 0.13%
China Petroleum & Chemical-H 0.05%
China Shenhua Energy Co-H 0.03%
Citic Ltd 0.02%
Coca-Cola Amatil Ltd 0.02%
Coca-Cola Co/The 0.07%
Coca-Cola Co/The 1.125000% 03/09/2027 0.03%
Conocophillips 0.10%
Dominion Energy Inc 0.01%
Empresas Copec SA 0.01%
Enbridge Inc 3.700000% 07/15/2027 0.01%
Engie 0.01%
Eni Spa 0.01%
Eog Resources Inc 0.04%
Eog Resources Inc 3.150000% 04/01/2025 0.01%
Equinor Asa 0.875000% 02/17/2023 0.05%
Equinor Asa 1.750000% 01/22/2026 0.01%
Equinor Asa 3.625000% 09/10/2028 0.12%
Equinor Asa 3.700000% 03/01/2024 0.06%
Equinor Asa 6.875000% 03/11/2031 0.20%
Exxaro Resources Ltd 0.01%
Exxon Mobil Corp 0.15%
Exxon Mobil Corporation 2.709000% 03/06/2025 0.04%
Gail India Ltd 0.01%
Gazprom PJSC-Spon Adr 0.06%
Glencore Funding Llc 2.500000% 09/01/2030 0.05%
Glencore PLC 0.02%
Hess Corp 0.02%
Kinder Morgan Inc 0.02%
Kunlun Energy Co Ltd 0.02%
Lg Corp 0.03%
Lukoil PJSC-Spon Adr 0.07%
Lyondellbasell Indu-Cl A 0.05%
Marathon Petroleum Corp 0.02%
Mitsubishi Corp 0.01%
Mol Hungarian Oil and Gas Pl 0.01%
Occidental Petroleum Corp 0.03%
Oil Search Ltd 0.01%
Oneok Inc 0.02%
Petrobras - Petroleo Bras 0.06%
Petrobras - Petroleo Bras-Pr 0.07%
Petrochina Co Ltd-H 0.03%
Phillips 66 0.01%
Phillips 66 Partners Lp 3.150000% 12/15/2029 0.04%
Pioneer Natural Resources Co 0.03%
Polski Koncern Naftowy Orlen 0.02%
Posco 0.07%
Ptt Exploration & Prod-For 0.02%
Ptt Global Chemical Pcl-For 0.01%
Ptt Pcl/Foreign 0.05%
Reliance Industries Ltd 0.28%
Royal Dutch Shell PLC-B Shs 0.05%
Royal Dutch Shell-Spon Adr-B 0.06%
Santos Ltd 0.03%
Sk Innovation Co Ltd 0.03%
South32 Ltd 0.01%
Suncor Energy Inc 0.01%
Total Capital Canada Ltd 1.125000% 03/18/2022 0.03%
Total Capital Intl SA 2.125000% 03/15/2023 0.10%
Total Capital Intl SA 2.875000% 02/17/2022 0.05%
Total Capital Intl SA 4.250000% 11/26/2021 0.02%
Total Capital SA 3.883000% 10/11/2028 0.06%
Total Se 0.11%
United Tractors Tbk Pt 0.01%
Vale SA 0.07%
Valero Energy Corp 0.02%
Vedanta Ltd 0.02%
Williams Cos Inc 0.02%
Woodside Petroleum Ltd 0.02%

Weapons

Airbus Se 0.02%
Amphenol Corp-Cl A 0.01%
Boeing Co/The 0.04%
General Dynamics Corp 0.06%
Honeywell International Inc 0.05%
L3Harris Technologies Inc 0.02%
Larsen & Toubro Ltd 0.03%
Leidos Holdings Inc 0.01%
Lockheed Martin Corp 0.04%
Lockheed Martin Corp 3.550000% 01/15/2026 0.01%
Northrop Grumman Corp 0.05%
Precision Castparts Corp 3.250000% 06/15/2025 0.02%
Raytheon Technologies Corp 0.07%

Tobacco

Altria Group Inc 0.04%
British American Tobacco PLC 0.04%
Kt&G Corp 0.01%
Philip Morris International 0.04%
Philip Morris Intl Inc 2.875000% 05/14/2029 0.13%
Philip Morris Intl Inc 3.375000% 08/15/2029 0.01%

Gambling

Aristocrat Leisure Ltd 0.02%
Crown Resorts Ltd 0.01%
Flutter Entertainment PLC-Di 0.01%
Mgm Resorts International 0.01%
Star Entertainment Grp Ltd/T 0.01%
Tabcorp Holdings Ltd 0.01%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/ 2.000000% 03/17/2028 0.03%
Anheuser-Busch Inbev SA/Nv 0.01%
Anheuser-Busch Inbev Wor 4.000000% 04/13/2028 0.03%
Asia Cement Corp 0.02%
Carlsberg As-B 0.01%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc-A 0.01%
Diageo Capital PLC 2.125000% 04/29/2032 0.02%
Diageo PLC 0.02%
LVMH Moet Hennessy Louis Vui 0.07%
Metcash Ltd 0.01%
Treasury Wine Estates Ltd 0.01%

Palm Oil

Astra International Tbk Pt 0.01%
Cargill Inc 2.125000% 04/23/2030 0.02%
Posco 0.07%

GMOs

Human Rights & Environmental Violations

Archer-Daniels-Midland C 1.750000% 06/23/2023 0.01%
Archer-Daniels-Midland Co 0.01%
Astra International Tbk Pt 0.01%
BHP Group Ltd 0.15%
BHP Group PLC 0.02%
Barrick Gold Corp 0.01%
Bayer AG-Reg 0.01%
Cargill Inc 2.125000% 04/23/2030 0.02%
Chevron Corp 0.13%
Duke Energy Corp 0.03%
Evergreen Marine Corp Ltd 0.02%
Formosa Chemicals & Fibre 0.02%
Freeport-Mcmoran Inc 0.03%
Glencore Funding Llc 2.500000% 09/01/2030 0.06%
Glencore PLC 0.02%
Grupo Mexico Sab De Cv-Ser B 0.04%
Jbs SA 0.02%
Johnson & Johnson 0.15%
Motorola Solutions Inc 4.600000% 05/23/2029 0.05%
Nestle Finance Intl Ltd 0.750000% 05/16/2023 0.01%
Nestle Finance Intl Ltd 0.750000% 11/08/2021 0.02%
Nestle SA-Reg 0.13%
Petrochina Co Ltd-H 0.03%
Posco 0.07%
Rio Tinto Finance PLC 4.000000% 12/11/2029 0.02%
Rio Tinto Ltd 0.05%
Rio Tinto PLC 0.03%
Royal Dutch Shell PLC-B Shs 0.05%
Royal Dutch Shell-Spon Adr-B 0.06%
Vale SA 0.07%
Vedanta Ltd 0.02%

Animal Testing

Air Liquide SA 0.020%
Altria Group Inc 0.040%
Archer-Daniels-Midland C 1.750000% 06/23/2023 0.010%
Archer-Daniels-Midland Co 0.010%
Bayer AG-Reg 0.010%
British American Tobacco PLC 0.040%
Cargill Inc 2.125000% 04/23/2030 0.020%
Celanese Corp 0.010%
Chevron Corp 0.130%
Church & Dwight Co Inc 0.010%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co/The 0.070%
Coca-Cola Co/The 1.125000% 03/09/2027 0.030%
Dow Inc 0.050%
Ecolab Inc 0.010%
Estee Lauder Companies-Cl A 0.020%
Far Eastern New Century Corp 0.020%
Formosa Chemicals & Fibre 0.020%
General Mills Inc 0.040%
Glaxosmithkline Capital 3.375000% 12/20/2027 0.010%
Glaxosmithkline Capital 5.250000% 12/19/2033 0.120%
Glaxosmithkline PLC 0.040%
Honeywell International Inc 0.050%
Hp Inc 0.010%
Hp Inc 3.400000% 06/17/2030 0.130%
Intl Flavors & Fragrances 0.030%
Johnson & Johnson 0.150%
Kimberly-Clark Corp 0.010%
Koninklijke Dsm Nv 0.010%
Kraft Heinz Co/The 0.010%
Kt&G Corp 0.010%
L'Oreal 0.020%
LVMH Moet Hennessy Louis Vui 0.080%
Linde PLC 0.050%
Lotte Chemical Corp 0.020%
Lyondellbasell Indu-Cl A 0.050%
Mondelez International Inc-A 0.060%
Nan Ya Plastics Corp 0.010%
Nestle Finance Intl Ltd 0.750000% 05/16/2023 0.010%
Nestle Finance Intl Ltd 0.750000% 11/08/2021 0.020%
Nestle SA-Reg 0.140%
Nutrien Ltd 0.010%
PPG Industries Inc 0.010%
Pepsico Inc 0.080%
Philip Morris International 0.040%
Procter & Gamble Co/The 0.120%
Procter & Gamble Co/The 1.800000% 05/03/2029 0.030%
Reckitt Benckiser Group PLC 0.010%
Reliance Industries Ltd 0.280%
Royal Dutch Shell PLC-B Shs 0.050%
Royal Dutch Shell-Spon Adr-B 0.060%
Sherwin-Williams Co 3.450000% 08/01/2025 0.010%
Sherwin-Williams Co/The 0.030%
Shin-Etsu Chemical Co Ltd 0.010%
Sk Innovation Co Ltd 0.030%
Tesco PLC 0.010%
Unilever Finance 1.625000% 02/12/2033 0.040%
Unilever PLC 0.020%
Unilever PLC-Sponsored Adr 0.020%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 2021 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.

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
2021 16.64% 23.75%
2020 -1.20% -7.66%
2019 5.69% 3.32%

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 Wed June 30th 2021.

Showing the top 10 investments for this fund:

  • DFA Global Bond Trust NZD Hedged
    Australia Fund
    25.27%
  • DFA Global Core Equity Trust NZD Hedged
    Australia Fund
    17.72%
  • DFA Five Year Diversified Fixed Interest Trust NZD Hedged
    Australia Fund
    13.55%
  • DFA Global Large Company Trust
    Australia Fund
    9.02%
  • DFA Emerging Markets Trust
    Australia Fund
    8.85%
  • NZ Core Equity Trust
    New Zealand Fund
    7.67%
  • DFA Global Value Trust
    Australia Fund
    5.53%
  • DFA Global Real Estate Trust NZD Hedged Class Units
    Australia Fund
    5.09%
  • DFA Global Small Company Trust
    Australia Fund
    3.54%
  • DFA Australian Core Equity Trust
    Australia Fund
    2.7%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed June 30th 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 1.06%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 39.0% 38.82%
Australasian Equities 11.0% 10.37%
International Equities 44.0% 44.66%
Listed Properties 5.0% 5.09%
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 Wed June 30th 2021.

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).

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:
    0.04%
  • Alcohol:
    0.47%
  • Animal Testing:
    3.81%
  • Fossil Fuels:
    4.57%
  • Gambling:
    0.24%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.60%
  • Palm Oil:
    0.16%
  • Tobacco:
    0.38%
  • Weapons:
    0.84%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed March 31st 2021 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 the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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 Asset Class Balanced Fund invests in a mix of income assets and growth assets. It is suited to investors looking for a medium level of risk and are willing to accept a moderate to potentially high level of returns."

Value $23M NZD
Period of data report Wed June 30th 2021
Members 680
Fund started Fri Sept. 29th 2017
Total annual fund fees 1.21%
Total performance based fees 0.0%
Manager's basic fee 1.21%
Other management and administration charges 0.0%
Total other charges 36.0
Total other charges currency NZD

Key Personnel

Bhanu Singh

Currently: Director and Head of Asia Pacific Portfolio Management Dimensional Fund Advisors (5 years, 10 months)
Previously: Portfolio Manager Dimensional Fund Advisors (5 years, 3 months)

Jed Fogdall

Currently: Head of Global Portfolio Management and Chair of the Investment Committee Dimensional Fund Advisors (2 years, 4 months)
Previously: Co-Head of Portfolio Management and Vice President Dimensional Fund Advisors (7 years, 0 months)

Joseph Chi

Currently: Head of Responsible Investment and ex officio member of the Investment Stewardship Committee Dimensional Fund Advisors (1 years, 8 months)
Previously: Ex officio member of the Investment Committee Dimensional Fund Advisors (0 years, 11 months)

Nicholas Stewart

Currently: Executive Director Stewart Financial Group Limited (18 years, 3 months)
Previously: Financial Adviser Stewart Financial Group Limited (2 years, 9 months)

Don Stewart

Currently: Executive Director Stewart Financial Group Limited (33 years, 9 months)
Previously: Financial Adviser National Mutual Limited (12 years, 3 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed June 30th 2021.

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.