Funds
Booster Investment Balanced 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
- BHP Group Limited 0.78%
- Contact Energy Limited 0.53%
- Woodside Energy Group Ltd 0.35%
- BHP Billiton Adr 0.19%
- Equinor Asa 0.19%
- Totalenergies Se 0.15%
- Nextera Energy Inc. 0.08%
- Reliance Industries Ltd. 0.07%
- Shell PLC 0.05%
- South32 Limited 0.05%
- Petroleo Brasileiro SA 0.04%
- Vale SA 0.04%
- Apa Group 0.03%
- Chevron Corporation 0.03%
- Duke Energy Corporation 0.03%
- Exxon Mobil Corporation 0.03%
- Santos Limited 0.03%
- Southern Company 0.03%
- American Electric Power Company Inc. 0.02%
- Ampol Ltd 0.02%
- BP PLC 0.02%
- Dominion Energy Inc 0.02%
- Saudi Arabian Oil Co. 0.02%
- Sempra Energy 0.02%
- Totalenergies 0.02%
- Washington H Soul Pattinson & Co Ltd 0.02%
- Whitehaven Coal Ltd 0.02%
- Xcel Energy Inc. 0.02%
- Agl Energy Ltd 0.01%
- Ameren Corporation 0.01%
- Consolidated Edison Inc. 0.01%
- Constellation Energy Corporation 0.01%
- Dte Energy Company 0.01%
- Entergy Corporation 0.01%
- Exxon Mobil Corp. 0.01%
- Public Service Enterprise Group Inc 0.01%
- Wec Energy Group Inc 0.01%
Weapons
- Wal-Mart Stores Inc 0.26%
- Wal-Mart De Mexico Sab De Cv 0.02%
- Larsen & Toubro Ltd. 0.01%
Gambling
- Sky City Entertainment Group Limited 0.21%
- Aristocrat Leisure Limited 0.13%
- Vici Properties Inc. 0.04%
- Gaming and Leisure Properties Inc. 0.01%
Alcohol
- Booster Wine Group Limited Partnership 1.64%
- Booster Wine Group Limited Partnership-B 0.99%
- Non-Taxable Accrual - Booster Wine Group Lp 0.09%
- Heineken Nv 0.06%
- Kweichow Moutai Co. Ltd. 0.02%
- Ambev SA 0.01%
- Booster Wine Group Loan Facility 0.01%
- Diageo PLC 0.01%
Human Rights & Environmental Violations
- BHP Group Limited 0.78%
- Thermo Fisher Scientific 0.48%
- Meta Platforms Inc 0.21%
- BHP Billiton Adr 0.19%
- Thermo Fisher Scientific Inc 0.17%
- Nestle SA 0.13%
- Rio Tinto Limited 0.12%
- Johnson & Johnson 0.06%
- Shell PLC 0.05%
- Thermo Fisher Scientific Inc. 0.05%
- Petroleo Brasileiro SA 0.04%
- Vale SA 0.04%
- Duke Energy Corporation 0.03%
- Bayer AG 0.02%
- Chevron Corporation 0.02%
- Li Ning Co. Ltd. 0.02%
- Meta Platforms Inc. Class A 0.02%
- Adani Enterprises Ltd. 0.01%
- Meta Platforms Inc. 0.01%
Animal Cruelty
- LVMH Moet Hennessy Louis Vuitton SA 0.35%
- L'Oreal SA 0.18%
- Nestle SA 0.13%
- Reliance Industries Ltd. 0.07%
- Shell PLC 0.05%
- Kerry Group PLC 0.04%
- Exxon Mobil Corporation 0.03%
- LVMH 0.03%
- Procter & Gamble Company 0.03%
- Bayer AG 0.02%
- Chevron Corporation 0.02%
- Coca-Cola Company 0.02%
- Hindustan Unilever Ltd. 0.02%
- Pepsico, Inc. 0.02%
- Ping An Insurance Group Co. Of China Ltd. 0.02%
- Unilever PLC 0.02%
- Asian Paints Ltd. 0.01%
- Exxon Mobil Corp. 0.01%
- Lair Liquide Societe Anonyme Pour 0.01%
- Loreal SA 0.01%
- Orica Ltd 0.01%
- Procter & Gamble Co. 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 Balanced Fund is part of the Investment Series range of funds. The fund invests in a balanced 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 medium level of returns.
| Value | $90M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 31st May 2015 |
| Total annual fund fees | 2.74% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.65% |
| Other management and administration charges | 0.09% |
| 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 | 0.00% | |
| Alcohol | 2.91% | |
| Animal Cruelty | 1.77% | |
| Fossil Fuels | 3.65% | |
| Gambling | 0.43% | |
| GMOs | 0.01% | |
| Human Rights & Environmental Violations | 2.81% | |
| Palm Oil | 0.02% | |
| Tobacco | 0.03% | |
| Weapons | 0.33% |
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 | 0.34% | 1.21% |
| 2021 | 17.46% | 16.61% |
| 2020 | -1.59% | -2.05% |
| 2019 | 4.47% | 5.77% |
| 2018 | 4.41% | 3.93% |
| 2017 | 5.71% | 5.91% |
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 Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund16.15% -
Vanguard Emerging Markets Share Index Fund
Australia Fund4.76% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+4.02% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.95% -
Booster Wine Group Limited Partnership
New Zealand Australasian Equities1.69% -
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund1.58% -
Vanguard ESG US Stock ETF
United States Fund1.57% -
Metrics Secured Private Debt Fund Ii
Australia Fund1.5% -
Utilities Select Sector Spdr ETF
United States Fund1.44% -
Health Care Select Sector Spdr Fund ETF
United States Fund1.32%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 6.93% |
| New Zealand Fixed Interest | 20.0% | 14.74% |
| International Fixed Interest | 18.0% | 17.6% |
| Australasian Equities | 21.0% | 21.34% |
| International Equities | 32.0% | 32.58% |
| Listed Properties | 2.0% | 3.71% |
| Unlisted Properties | 5.0% | 3.1% |
| 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.