Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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 0.05%
Apa Group 0.04%
BHP Billiton Adr 0.16%
BHP Group Limited 0.36%
BP PLC 0.01%
Chevron Corp. 0.03%
Cnooc Ltd. 0.01%
Dominion Energy Inc. 0.01%
Enbridge Inc. 0.01%
Equinor Asa 0.10%
Exxon Mobil Corp. 0.03%
Gazprom PJSC 0.02%
Lukoil PJSC 0.02%
Nextera Energy Inc. 0.02%
Origin Energy Limited 0.07%
Reliance Industries Ltd. 0.03%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Total SA 0.32%
Wec Energy Group Inc 0.07%
Woodside Petroleum Limited 0.10%
Xcel Energy Inc 0.11%
Weapons
Tobacco
Gambling
Aristocrat Leisure Limited 0.06%
Sky City Entertainment Group Ltd 0.14%
Tabcorp Holdings Ltd 0.02%
Alcohol
Anheuser-Busch Inbev SA 0.03%
Diageo PLC 0.01%
Heineken Nv 0.03%
LVMH Moet Hennessy Louis Vuitton 0.08%
LVMH Moet Hennessy Louis Vuitton SA 0.39%
LVMH Moet Hennessy Louis Vuitton Se 0.02%
Waimea Estates (Nelson) Limited 0.40%
Palm Oil
GMOs
Bayer AG 0.01%
Novartis AG 0.31%
Human Rights & Environmental Violations
Barrick Gold Corp 0.07%
BHP Billiton Adr 0.16%
BHP Group Limited 0.36%
Duke Energy Corp. 0.01%
Johnson & Johnson 0.22%
Nestle SA 0.17%
Rio Tinto Limited 0.14%
Rio Tinto PLC 0.01%
Royal Dutch Shell PLC Class A 0.01%
Royal Dutch Shell PLC Class B 0.01%
Vale SA 0.02%
Animal Testing
Bayer AG 0.010%
Coca-Cola Co. 0.030%
Colgate-Palmolive Co. 0.010%
Estee Lauder - Class A Shares 0.070%
Givaudan SA 0.230%
Glaxosmithkline PLC 0.020%
Johnson & Johnson 0.220%
L'Oreal SA 0.170%
LVMH Moet Hennessy Louis Vuitton 0.080%
LVMH Moet Hennessy Louis Vuitton SA 0.390%
LVMH Moet Hennessy Louis Vuitton Se 0.020%
Nestle SA 0.170%
Orica Limited 0.020%
Pepsico Inc 0.070%
Pepsico Inc. 0.030%
Procter & Gamble Co. 0.050%
Reckitt Benckiser 0.110%
Reckitt Benckiser Group PLC 0.010%
Royal Dutch Shell PLC Class A 0.010%
Royal Dutch Shell PLC Class B 0.010%
Unilever Nv 0.010%
Unilever PLC 0.010%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.
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 | -2.86% | -2.05% |
| 2019 | 4.44% | 5.77% |
| 2018 | 4.90% | 3.93% |
| 2017 | 5.60% | 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 Tue June 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund20.41% -
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund6.67% -
Vanguard Emerging Markets Share Index Fund
Australia Fund4.45% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-3.51% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund3.21% -
Magellan Global Fund
Australia Fund2.97% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities1.73% -
The A2 Milk Company Limited
New Zealand Australasian Equities1.38% -
New Zealand Government Stock 3.0% 20/04/2029
New Zealand NZ Fixed Interest AA+1.24% -
NZ Govt Stock 2.75% 15/04/2037
New Zealand NZ Fixed Interest AA+1.1%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 8.66% |
| New Zealand Fixed Interest | 16.0% | 13.52% |
| International Fixed Interest | 19.0% | 20.31% |
| Australasian Equities | 21.0% | 19.0% |
| International Equities | 30.0% | 29.24% |
| Listed Properties | 4.0% | 6.39% |
| Unlisted Properties | 5.0% | 2.88% |
| 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 Tue June 30th 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:1.06%
-
Animal Testing:2.17%
-
Fossil Fuels:2.05%
-
Gambling:0.25%
-
GMOs:0.38%
-
Human Rights & Environmental Violations:1.33%
-
Palm Oil:0.03%
-
Tobacco:0.01%
-
Weapons:0.08%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.
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 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 | $82M NZD |
| Period of data report | Tue June 30th 2020 |
| Members | 633 |
| Fund started | Sun May 31st 2015 |
| Total annual fund fees | 2.83% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.66% |
| Administration charges | 0.17% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
David Beattie |
Currently: Principal Booster Financial Services Limited (2 years, 1 months) |
|
Nic Craven |
Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 1 months) |
|
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (22 years, 1 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (2 years, 8 months) |
|
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (2 years, 8 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.
