Funds
Booster Shielded Growth Fund
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Contact Energy Limited 0.98%
- BHP Group Limited 0.62%
- Woodside Energy Group Ltd 0.26%
- Exxon Mobil Corp. 0.25%
- Totalenergies Se 0.20%
- Chevron Corp. 0.19%
- Shell PLC 0.19%
- Equinor Asa 0.18%
- BHP Billiton Adr 0.16%
- Nextera Energy Inc. 0.14%
- Conocophillips 0.09%
- BP PLC 0.08%
- Reliance Industries Ltd. 0.08%
- Duke Energy Corp. 0.05%
- Enbridge Inc. 0.05%
- Eog Resources Inc. 0.05%
- Iberdrola SA 0.05%
- Southern Co. 0.05%
- Vale SA 0.05%
- Canadian Natural Resources Ltd. 0.04%
- Dominion Energy Inc. 0.04%
- Glencore PLC 0.04%
- Marathon Petroleum Corp. 0.04%
- Occidental Petroleum Corp. 0.04%
- Petroleo Brasileiro SA 0.04%
- American Electric Power Co. Inc. 0.03%
- Anglo American PLC 0.03%
- Apa Group 0.03%
- Cheniere Energy Inc. 0.03%
- Devon Energy Corp. 0.03%
- Exxon Mobil Corporation 0.03%
- Phillips 66 0.03%
- Pioneer Natural Resources Co. 0.03%
- Sempra Energy 0.03%
- Suncor Energy Inc. 0.03%
- Tc Energy Corp. 0.03%
- Valero Energy Corp. 0.03%
- Ameren Corp. 0.02%
- Ampol Ltd 0.02%
- Cenovus Energy Inc. 0.02%
- Chevron Corporation 0.02%
- Consolidated Edison Inc. 0.02%
- Constellation Energy Corp. 0.02%
- Coterra Energy Inc. 0.02%
- Diamondback Energy Inc. 0.02%
- Dte Energy Co. 0.02%
- Enel Spa 0.02%
- Eni Spa 0.02%
- Entergy Corp. 0.02%
- Franco-Nevada Corp. 0.02%
- Hess Corp. 0.02%
- Itochu Corp. 0.02%
- Kinder Morgan Inc. 0.02%
- Lyondellbasell Industries Nv 0.02%
- Mitsubishi Corp. 0.02%
- Mitsui & Co. Ltd. 0.02%
- National Grid PLC 0.02%
- Oneok Inc. 0.02%
- Public Service Enterprise Group Inc. 0.02%
- Rwe AG 0.02%
- Saudi Arabian Oil Co. 0.02%
- South32 Limited 0.02%
- Totalenergies 0.02%
- Washington H Soul Pattinson & Co Ltd 0.02%
- Wec Energy Group Inc. 0.02%
- Whitehaven Coal Ltd 0.02%
- Williams Cos. Inc. 0.02%
- Xcel Energy Inc. 0.02%
- Adani Enterprises Ltd. 0.01%
- Adani Transmission Ltd. 0.01%
- Agl Energy Ltd 0.01%
- Beach Energy Ltd 0.01%
- China Petroleum & Chemical Corp. 0.01%
- China Shenhua Energy Co. Ltd. 0.01%
- Cms Energy Corp. 0.01%
- Duke Energy Corporation 0.01%
- Fortis Inc./Canada 0.01%
- Marathon Oil Corp. 0.01%
- Neste Oyj 0.01%
- Pembina Pipeline Corp. 0.01%
- Pg&E Corp. 0.01%
- Posco Holdings Inc. 0.01%
- Ppl Corp. 0.01%
- Repsol SA 0.01%
- Santos Limited 0.01%
- Southern Company 0.01%
- Tourmaline Oil Corp. 0.01%
Weapons
- Wal-Mart Stores Inc 0.22%
- Walmart Inc. 0.14%
- Brookfield Asset Management Inc. 0.04%
- Amphenol Corp. 0.03%
- L3Harris Technologies Inc. 0.03%
- Safran SA 0.02%
- Transdigm Group Inc. 0.02%
- Wal-Mart De Mexico Sab De Cv 0.02%
- Larsen & Toubro Ltd. 0.01%
- Teledyne Technologies Inc. 0.01%
Tobacco
- Alimentation Couche-Tard Inc. 0.02%
- Itc Ltd. 0.01%
Gambling
- Sky City Entertainment Group Limited 0.39%
- Aristocrat Leisure Limited 0.08%
- Vici Properties Inc. 0.06%
- Evolution Ab 0.01%
- Gaming and Leisure Properties Inc. 0.01%
- Tabcorp Holdings Ltd 0.01%
Alcohol
- Booster Wine Group Limited Partnership 1.79%
- Booster Wine Group Limited Partnership-B 1.08%
- Diageo PLC 0.09%
- Non-Taxable Accrual - Booster Wine Group Lp 0.09%
- Heineken Nv 0.06%
- Anheuser-Busch Inbev SA/Nv 0.03%
- Constellation Brands Inc. 0.03%
- Pernod Ricard SA 0.03%
- Kweichow Moutai Co. Ltd. 0.02%
- Ambev SA 0.01%
- Booster Wine Group Loan Facility 0.01%
- Brown-Forman Corp. 0.01%
- China Resources Beer Holdings Co. Ltd. 0.01%
GMOs
- Corteva Inc. 0.03%
Human Rights & Environmental Violations
- BHP Group Limited 0.62%
- Thermo Fisher Scientific 0.41%
- Johnson & Johnson 0.35%
- Nestle SA 0.32%
- Meta Platforms Inc. 0.22%
- Shell PLC 0.19%
- Chevron Corp. 0.18%
- Meta Platforms Inc 0.18%
- Thermo Fisher Scientific Inc. 0.18%
- BHP Billiton Adr 0.16%
- Wells Fargo & Co. 0.11%
- Thermo Fisher Scientific Inc 0.09%
- Rio Tinto Limited 0.08%
- Caterpillar Inc. 0.07%
- Bayer AG 0.05%
- Duke Energy Corp. 0.05%
- Rio Tinto PLC 0.05%
- Vale SA 0.05%
- Activision Blizzard Inc. 0.04%
- Glencore PLC 0.04%
- Petroleo Brasileiro SA 0.04%
- Archer-Daniels-Midland Co. 0.03%
- Corteva Inc. 0.03%
- Freeport-Mcmoran Inc. 0.03%
- Meta Platforms Inc. Class A 0.03%
- Motorola Solutions Inc. 0.03%
- Nutrien Ltd. 0.03%
- Uber Technologies Inc. 0.03%
- Barrick Gold Corp. 0.02%
- Basf Se 0.02%
- Chevron Corporation 0.02%
- Duke Energy Corporation 0.02%
- Li Ning Co. Ltd. 0.02%
- Adani Enterprises Ltd. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Pg&E Corp. 0.01%
Animal Cruelty
- Nestle SA 0.32%
- LVMH Moet Hennessy Louis Vuitton SA 0.29%
- Exxon Mobil Corp. 0.25%
- Procter & Gamble Co. 0.21%
- L'Oreal SA 0.20%
- Chevron Corp. 0.19%
- Shell PLC 0.19%
- Coca-Cola Co. 0.16%
- Pepsico Inc. 0.16%
- LVMH Moet Hennessy Louis Vuitton Se 0.12%
- Unilever PLC 0.09%
- Reliance Industries Ltd. 0.08%
- Bayer AG 0.05%
- Mondelez International Inc. 0.05%
- 3M Co. 0.04%
- Cie Financiere Richemont SA 0.04%
- Colgate-Palmolive Co. 0.04%
- Estee Lauder Cos. Inc. 0.04%
- Procter & Gamble Company 0.04%
- Air Liquide SA 0.03%
- Archer-Daniels-Midland Co. 0.03%
- Coca-Cola Company 0.03%
- Constellation Brands Inc. 0.03%
- Corteva Inc. 0.03%
- Daikin Industries Ltd. 0.03%
- Ecolab Inc. 0.03%
- Exxon Mobil Corporation 0.03%
- General Mills Inc. 0.03%
- Hermes International 0.03%
- Hindustan Unilever Ltd. 0.03%
- Kerry Group PLC 0.03%
- Kimberly-Clark Corp. 0.03%
- LVMH 0.03%
- Nutrien Ltd. 0.03%
- Pepsico, Inc. 0.03%
- Ping An Insurance Group Co. Of China Ltd. 0.03%
- Sherwin-Williams Co. 0.03%
- Albemarle Corp. 0.02%
- Basf Se 0.02%
- Canon Inc. 0.02%
- Chevron Corporation 0.02%
- Danone SA 0.02%
- Dow Inc. 0.02%
- Dupont De Nemours Inc. 0.02%
- Eni Spa 0.02%
- Givaudan SA 0.02%
- International Flavors & Fragrances Inc. 0.02%
- Kering SA 0.02%
- Keurig Dr Pepper Inc. 0.02%
- Koninklijke Ahold Delhaize Nv 0.02%
- Koninklijke Dsm Nv 0.02%
- Kraft Heinz Co. 0.02%
- Lyondellbasell Industries Nv 0.02%
- Mitsubishi Corp. 0.02%
- Orica Ltd 0.02%
- PPG Industries Inc. 0.02%
- Asian Paints Ltd. 0.01%
- China Petroleum & Chemical Corp. 0.01%
- Church & Dwight Co. Inc. 0.01%
- Clorox Co. 0.01%
- Denso Corp. 0.01%
- Formosa Plastics Corp. 0.01%
- Fujifilm Holdings Corp. 0.01%
- Itc Ltd. 0.01%
- Kao Corp. 0.01%
- Kellogg Co. 0.01%
- Lair Liquide Societe Anonyme Pour 0.01%
- Loreal SA 0.01%
- Mondelez International, Inc. Class A 0.01%
- Mosaic Co. 0.01%
- Tesco PLC 0.01%
- Tyson Foods Inc. 0.01%
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 30th Sept. 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.
About this fund
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 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 and are willing to forgo some return due to the cost of the options strategy.
| Value | $11M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 31st May 2018 |
| Total annual fund fees | 2.96% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.89% |
| Other management and administration charges | 0.07% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Nic Craven |
Currently: Chief Investment Officer, Booster Financial Services Limited (1 years, 5 months) |
|
Brendon Doyle |
Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 8 months) |
|
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (24 years, 7 months) |
|
Aaron Usher |
Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 5 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (5 years, 2 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.
Investment Exclusions
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 | 0.01% | |
| Alcohol | 3.38% | |
| Animal Cruelty | 4.43% | |
| Fossil Fuels | 6.01% | |
| Gambling | 0.66% | |
| GMOs | 0.03% | |
| Human Rights & Environmental Violations | 4.05% | |
| Palm Oil | 0.03% | |
| Tobacco | 0.05% | |
| Weapons | 0.64% |
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 30th Sept. 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
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.
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 |
|---|---|---|
| 2022 | 3.19% | 2.33% |
| 2021 | 36.07% | 27.15% |
| 2020 | -7.33% | -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 31st Dec. 2022.
Top 10 Investments
-
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund31.44% -
Vanguard Emerging Markets Share Index Fund
Australia Fund5.41% -
Vanguard ESG US Stock ETF
United States Fund3.17% -
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund2.48% -
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities1.98% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+1.92% -
Booster Wine Group Limited Partnership
New Zealand Australasian Equities1.81% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.79% -
Auckland International Airport Limited
New Zealand Australasian Equities1.77% -
Spark New Zealand Limited
New Zealand Australasian Equities1.55%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.0% | 2.79% |
| New Zealand Fixed Interest | 0.0% | 1.7% |
| International Fixed Interest | 0.0% | 2.7% |
| Australasian Equities | 33.0% | 28.75% |
| International Equities | 55.0% | 59.94% |
| Listed Properties | 3.0% | 3.4% |
| Unlisted Properties | 8.0% | 0.72% |
| 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.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2022.