Booster Investment Balanced Fund

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Fund type: Balanced fund

Past Returns: 5.26%

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

Annual Fees: 2.74%

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

BHP Billiton Adr 0.26%
BHP Group Limited 0.85%
BHP Group Ltd 0.05%
Chevron Corporation 0.03%
Dominion Energy Inc 0.04%
Equinor Asa 0.27%
Exxon Mobil Corp. 0.02%
Exxon Mobil Corporation 0.03%
Origin Energy Limited 0.03%
Origin Energy Ltd 0.02%
Posco Holdings Inc. 0.01%
Public Service Enterprise Group Inc 0.02%
Reliance Industries Ltd. 0.07%
Santos Ltd 0.02%
Saudi Arabian Oil Co. 0.02%
Shell PLC 0.01%
South32 Ltd 0.03%
Vale SA 0.04%
Woodside Petroleum Limited 0.15%
Woodside Petroleum Ltd 0.01%

Weapons

Tobacco

Altria Group Inc 0.09%
Philip Morris International Inc. 0.10%

Gambling

Aristocrat Leisure Limited 0.11%
Gaming and Leisure Properties Inc. 0.01%
Sky City Entertainment Group Ltd 0.18%
Star Entertainment Group 0.04%
Vici Properties Inc. 0.03%

Alcohol

Booster Wine Group Limited Partnership 0.92%
Booster Wine Group Limited Partnership-B 0.91%
Booster Wine Group Loan Facility 0.01%
Brown-Forman Corporation Class B 0.01%
Constellation Brands Inc. Class A 0.04%
Diageo PLC 0.01%
Kweichow Moutai Co. Ltd. Class A 0.01%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.33%
Metcash Ltd 0.01%
Non-Taxable Accrual - Booster Wine Group Lp 0.09%

Palm Oil

Human Rights & Environmental Violations

BHP Billiton Adr 0.26%
BHP Group Limited 0.85%
BHP Group Ltd 0.05%
Chevron Corporation 0.03%
Duke Energy Corporation 0.05%
Johnson & Johnson 0.03%
Li Ning Co. Ltd. 0.01%
Mtn Group Ltd. 0.01%
Nestle SA 0.05%
Petroleo Brasileiro SA 0.02%
Petroleo Brasileiro SA Preference Shares 0.02%
Posco Holdings Inc. 0.01%
Rio Tinto Limited 0.07%
Rio Tinto Ltd 0.03%
Shell PLC 0.01%
Vale SA 0.04%

Animal Testing

Altria Group Inc 0.09%
Archer-Daniels-Midland Company 0.05%
Chevron Corporation 0.03%
Church & Dwight Co. Inc. 0.02%
Clorox Company 0.02%
Coca-Cola Co. 0.02%
Coca-Cola Company 0.20%
Estee Lauder Companies Inc. Class A 0.06%
General Mills Inc. 0.04%
Glaxosmithkline 0.01%
Hindustan Unilever Ltd. 0.02%
Johnson & Johnson 0.03%
Kellogg Company 0.02%
Kimberly-Clark Corporation 0.04%
Kraft Heinz Company 0.03%
L'Oreal SA 0.21%
LVMH 0.02%
LVMH Moet Hennessy Louis Vuitton SA 0.33%
LVMH Moet Hennessy Louis Vuitton Se 0.01%
Linde PLC 0.29%
Mondelez International Inc. Class A 0.09%
Nestle SA 0.06%
Pepsico Inc. 0.20%
Philip Morris International Inc. 0.10%
Procter & Gamble Co. 0.02%
Procter & Gamble Company 0.29%
Reliance Industries Ltd. 0.07%
Shell PLC 0.01%
Unilever PLC 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 Thu March 31st 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.

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
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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    9.09%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    4.42%
  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    3.14%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.24%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    1.97%
  • Consumer Staples Select Sector Spdr Fund ETF
    United States Fund
    1.89%
  • Real Estate Select Sector Spdr Fund
    United States Fund
    1.27%
  • Secured Loan To Booster KiwiSaver Geared Growth Fund
    New Zealand NZ Fixed Interest
    1.12%
  • Metrics Secured Private Debt Fund Ii
    Australia Fund
    1.11%
  • Microsoft Corporation
    United States International Equities
    1.09%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu March 31st 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 2.0% 17.74%
New Zealand Fixed Interest 20.0% 14.69%
International Fixed Interest 18.0% 10.21%
Australasian Equities 21.0% 20.5%
International Equities 32.0% 30.69%
Listed Properties 2.0% 4.35%
Unlisted Properties 5.0% 1.82%
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 March 31st 2022.

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:
    0.00%
  • Alcohol:
    2.46%
  • Animal Testing:
    2.82%
  • Fossil Fuels:
    2.37%
  • Gambling:
    0.39%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    1.72%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.20%
  • Weapons:
    0.05%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Thu March 31st 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 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 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 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 $100M NZD
Period of data report Thu March 31st 2022
Fund started Sun May 31st 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 (0 years, 8 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Principal, Booster Financial Services Limited (3 years, 10 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Allan Yeo

Currently: Managing Director, Booster Financial Services Limited (23 years, 10 months)
Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (0 years, 8 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 9 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (4 years, 5 months)
Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu March 31st 2022.

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.