Booster Shielded Growth Fund

Not Mindful

Type: Aggressive fund

Past Returns: *-3.36%

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

Annual Fees: 3.02%

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

Agl Energy Limited 0.02%
Ameren Corp. 0.02%
American Electric Power Co. Inc. 0.03%
Anglo American PLC 0.02%
Apa Group 0.03%
Basf Se 0.04%
BHP Billiton Adr 0.23%
BHP Group Limited 0.36%
BHP Group PLC 0.03%
BP PLC 0.04%
Canadian Natural Resources Ltd. 0.01%
Chevron Corp. 0.10%
Ck Hutchison Holdings Ltd. 0.01%
Cms Energy Corp. 0.02%
Cnooc Ltd. 0.01%
Coca-Cola Amatil Ltd 0.01%
Coca-Cola Co. 0.14%
Coca-Cola Company 0.01%
Conocophillips 0.02%
Dominion Energy Inc. 0.05%
Dte Energy Co. 0.02%
Enbridge Inc. 0.04%
Enel Spa 0.05%
Eni Spa 0.01%
Eog Resources Inc. 0.02%
Equinor Asa 0.13%
Exxon Mobil Corp. 0.10%
Firstenergy Corp. 0.01%
Fortis Inc./Canada 0.02%
Franco-Nevada Corp 0.02%
Franco-Nevada Corp. 0.02%
Gazprom PJSC 0.02%
Genesis Energy Limited 0.28%
Glencore PLC 0.02%
Iberdrola SA 0.05%
Itochu Corp. 0.02%
Kinder Morgan Inc. 0.02%
Lukoil PJSC 0.02%
Lyondellbasell Industries Nv 0.02%
Lyondellbasell Industries Nv Class A 0.01%
Marathon Petroleum Corp. 0.01%
Mitsubishi Corp. 0.02%
Mitsui & Co. Ltd. 0.02%
Neste Oyj 0.02%
Nextera Energy Inc. 0.10%
Origin Energy Limited 0.04%
Orsted A/S 0.02%
Phillips 66 0.02%
Posco 0.01%
Ppl Corp. 0.02%
Reliance Industries Ltd. 0.07%
Rio Tinto Limited 0.17%
Rio Tinto PLC 0.05%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.03%
Rwe AG 0.02%
Saudi Arabian Oil Co. 0.02%
Sse PLC 0.01%
Suncor Energy Inc. 0.01%
Tc Energy Corp. 0.03%
Total 0.01%
Total Se 0.37%
Upm-Kymmene Oyj 0.01%
Vale SA 0.03%
Valero Energy Corp. 0.01%
Wec Energy Group Inc. 0.02%
Williams Cos. Inc. 0.02%
Woodside Petroleum Limited 0.07%
Xcel Energy Inc. 0.03%

Weapons

Amphenol Corp. Class A 0.02%
L3Harris Technologies Inc. 0.02%
Safran SA 0.14%
Transdigm Group Inc. 0.02%

Tobacco

Alimentation Couche-Tard Inc. Class B 0.02%
Seven & I Holdings Co. Ltd. 0.02%

Gambling

Aristocrat Leisure Limited 0.05%
Flutter Entertainment PLC 0.02%
Gaming and Leisure Properties Inc. 0.02%
Las Vegas Sands Corp. 0.01%
Sky City Entertainment Group Ltd 0.65%
Tabcorp Holdings Ltd 0.02%
Vici Properties Inc. 0.02%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev SA/Nv 0.03%
Brown-Forman Corp. Class B 0.02%
Coca-Cola Amatil Ltd 0.02%
Constellation Brands Inc. Class A 0.02%
Diageo PLC 0.06%
Heineken Nv 0.02%
Kirin Holdings Co. Ltd. 0.01%
Kweichow Moutai Co. Ltd. Class A 0.02%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.47%
LVMH Moet Hennessy Louis Vuitton Se 0.10%
Pernod Ricard SA 0.03%
Waimea Estates (Nelson) Limited 0.18%

Palm Oil

Posco 0.01%

GMOs

Corteva Inc 0.03%
Corteva Inc. 0.02%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co. 0.02%
Barrick Gold Corp 0.03%
Barrick Gold Corp. 0.03%
BHP Billiton Adr 0.23%
BHP Group Limited 0.36%
BHP Group PLC 0.03%
Duke Energy Corp. 0.05%
Freeport-Mcmoran Inc. 0.06%
Glencore PLC 0.02%
Johnson & Johnson 0.27%
Mmc Norilsk Nickel PJSC 0.01%
Nestle SA 0.27%
Nutrien Ltd. 0.02%
Petroleo Brasileiro SA 0.01%
Petroleo Brasileiro SA Preference Shares 0.01%
Posco 0.01%
Rio Tinto Limited 0.17%
Rio Tinto PLC 0.05%
Royal Dutch Shell PLC Class A 0.04%
Royal Dutch Shell PLC Class B 0.03%
Sempra Energy 0.03%
Vale SA 0.03%

Animal Testing

Air Liquide SA 0.050%
Air Products & Chemicals Inc. 0.050%
Air Products and Chemicals Inc. 0.060%
Akzo Nobel Nv 0.010%
Albemarle Corporation 0.020%
Archer-Daniels-Midland Co. 0.020%
Basf Se 0.040%
Bayer AG 0.030%
Celanese Corporation 0.020%
Church & Dwight Co. Inc. 0.020%
Clorox Co. 0.020%
Coca-Cola Amatil Ltd 0.020%
Coca-Cola Co. 0.140%
Coca-Cola Company 0.010%
Colgate-Palmolive Co. 0.050%
Corteva Inc 0.030%
Corteva Inc. 0.020%
Danone SA 0.020%
Dow Inc. 0.060%
Dupont De Nemours Inc. 0.070%
Eastman Chemical Company 0.010%
Ecolab Inc. 0.090%
Estee Lauder Cos. Inc. Class A 0.040%
Fmc Corporation 0.020%
Fujifilm Holdings Corp. 0.010%
General Mills Inc. 0.030%
Givaudan SA 0.250%
Glaxosmithkline PLC 0.060%
Hermes International 0.020%
Hindustan Unilever Ltd. 0.020%
Hp Inc. 0.020%
International Flavors & Fragrances Inc. 0.010%
Johnson & Johnson 0.270%
Kao Corp. 0.020%
Kellogg Co. 0.010%
Kerry Group PLC Class A 0.010%
Kimberly-Clark Corp. 0.030%
Kirin Holdings Co. Ltd. 0.010%
Koninklijke Dsm Nv 0.020%
Kraft Heinz Co. 0.020%
L'Oreal SA 0.260%
Lg Household & Health Care Ltd. 0.010%
Linde PLC 0.570%
LVMH 0.020%
LVMH Moet Hennessy Louis Vuitton SA 0.470%
LVMH Moet Hennessy Louis Vuitton Se 0.090%
Lyondellbasell Industries Nv 0.020%
Lyondellbasell Industries Nv Class A 0.010%
Mondelez International Inc. Class A 0.060%
Nestle SA 0.270%
Nutrien Ltd. 0.020%
Orica Limited 0.020%
Pepsico Inc. 0.130%
Pepsico, Inc. 0.010%
PPG Industries Inc. 0.060%
Procter & Gamble Co. 0.250%
Procter & Gamble Company 0.020%
Reckitt Benckiser Group PLC 0.050%
Reliance Industries Ltd. 0.070%
Royal Dutch Shell PLC Class A 0.040%
Royal Dutch Shell PLC Class B 0.030%
Seven & I Holdings Co. Ltd. 0.020%
Sherwin-Williams Co. 0.040%
Sherwin-Williams Company 0.060%
Shin-Etsu Chemical Co. Ltd. 0.030%
Shiseido Co. Ltd. 0.020%
Symrise AG Class A 0.010%
Tesco PLC 0.020%
Unicharm Corp. 0.020%
Unilever Nv 0.060%
Unilever PLC 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.

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
2020	-7.57%	-3.36%

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 fund has filed with Disclose register to Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund

31.36%
Vanguard Emerging Markets Share Index Fund
Australia Fund

5.95%
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities

2.69%
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-

2.63%
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund

2.42%
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund

2.33%
Vanguard Esg US Stock ETF
United States Fund

1.88%
Auckland International Airport Limited
New Zealand Australasian Equities

1.77%
Meridian Energy Limited
New Zealand Australasian Equities

1.49%
The A2 Milk Company Limited
New Zealand Australasian Equities

1.35%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.

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

Target

Actual

Type	Target	Actual
Cash and Cash Equivalents	1.0%	4.13%
New Zealand Fixed Interest	0.0%	2.32%
International Fixed Interest	0.0%	2.88%
Australasian Equities	33.0%	26.92%
International Equities	52.0%	58.81%
Listed Properties	6.0%	4.47%
Unlisted Properties	8.0%	0.47%
Other	0.0%	0.0%
Commodities	0.0%	0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 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:

0.01%
Alcohol:

1.11%
Animal Testing:

5.22%
Fossil Fuels:

4.17%
Gambling:

0.89%
GMOs:

0.05%
Human Rights & Environmental Violations:

1.87%
Palm Oil:

0.05%
Tobacco:

0.07%
Weapons:

0.30%

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 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 Shielded Growth Fund is part of the Investment Series range of funds. The fund invests predominantly in growth assets and uses options contracts to partially ‘shield’ the fund against (limit the impact of) more significant short-term downward movements of the value of the fund’s investments. It is suited to investors who are comfortable with a medium to high level of risk in order to potentially achieve relatively higher returns but who are willing to forgo some return due to the cost of the options strategy."

Value	$7.0M NZD
Period of data report	Thu Dec. 31st 2020
Members	6
Fund started	Thu May 31st 2018
Total annual fund fees	3.02%
Total performance based fees	0.0%
Manager's basic fee	2.89%
Administration charges	0.13%
Total other charges	0.0
Total other charges currency	NZD

Key Personnel

David Beattie	Currently: Principal Booster Financial Services Limited (2 years, 7 months) Previously: CIO Booster Financial Services Limited (17 years, 6 months)
Nic Craven	Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 7 months) Previously: Research Manager Booster Financial Services Limited (4 years, 2 months)
Allan Yeo	Currently: Managing Director Booster Financial Services Limited (22 years, 7 months) Previously: Associate Director Barclays Bank plc (2 years, 0 months)
Rowan Calvert	Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (3 years, 2 months) Previously: Senior Equity Analyst Booster Financial Services Limited (7 years, 4 months)
Aaron Usher	Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (3 years, 2 months) Previously: Equity Analyst Booster Financial Services Limited (5 years, 9 months)