Booster Focus Moderate Fund

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Fund type: Balanced fund

Past Returns: 3.92%

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

Annual Fees: 0.67%

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

Contact Energy Bond 5.82% 11/04/2028 0.53%
BHP Group Limited 0.48%
Contact Energy Limited 0.42%
Woodside Energy Group Ltd 0.18%
Exxon Mobil Corp. 0.14%
Chevron Corp. 0.10%
Shell PLC 0.07%
Conocophillips 0.05%
Nextera Energy Inc. 0.05%
Reliance Industries Ltd. 0.05%
Totalenergies Se 0.05%
BP PLC 0.03%
Duke Energy Corp. 0.03%
Enbridge Inc. 0.03%
Southern Co. 0.03%
Vale SA 0.03%
Apa Group 0.02%
Eog Resources Inc. 0.02%
Petroleo Brasileiro SA 0.02%
Washington H Soul Pattinson & Co Ltd 0.02%
Whitehaven Coal Ltd 0.02%
Ampol Ltd 0.01%
Canadian Natural Resources Ltd. 0.01%
Dominion Energy Inc. 0.01%
Glencore PLC 0.01%
Iberdrola SA 0.01%
Marathon Petroleum Corp. 0.01%
Occidental Petroleum Corp. 0.01%
Pioneer Natural Resources Co. 0.01%
Saudi Arabian Oil Co. 0.01%
Sempra Energy 0.01%

Weapons

Walmart Inc. 0.07%
Brookfield Asset Management Inc. 0.01%

Tobacco

Gambling

Sky City Entertainment Group Limited 0.17%
Aristocrat Leisure Limited 0.05%
Vici Properties Inc. 0.03%
Gaming and Leisure Properties Inc. 0.01%

Adult Entertainment/Pornography

Alcohol

Booster Wine Group Limited Partnership 0.98%
Booster Wine Group Limited Partnership-B 0.59%
Non-Taxable Accrual - Booster Wine Group Lp 0.05%
Diageo PLC 0.03%
Kweichow Moutai Co. Ltd. 0.01%

Palm Oil

GMOs

Human Rights & Environmental Violations

BHP Group Limited 0.48%
Johnson & Johnson 0.16%
Meta Platforms Inc. 0.12%
Nestle SA 0.12%
Chevron Corp. 0.10%
Shell PLC 0.07%
Thermo Fisher Scientific Inc. 0.07%
Wells Fargo & Co. 0.05%
Rio Tinto Limited 0.04%
Caterpillar Inc. 0.03%
Duke Energy Corp. 0.03%
Vale SA 0.03%
Petroleo Brasileiro SA 0.02%
Activision Blizzard Inc. 0.01%
Archer-Daniels-Midland Co. 0.01%
Bayer AG 0.01%
Glencore PLC 0.01%
Rio Tinto PLC 0.01%

Animal Testing

Exxon Mobil Corp. 0.14%
Nestle SA 0.12%
Procter & Gamble Co. 0.12%
Chevron Corp. 0.10%
Coca-Cola Co. 0.09%
Pepsico Inc. 0.09%
LVMH Moet Hennessy Louis Vuitton Se 0.07%
Shell PLC 0.07%
Reliance Industries Ltd. 0.05%
Unilever PLC 0.04%
Mondelez International Inc. 0.03%
Ping An Insurance Group Co. Of China Ltd. 0.02%
3M Co. 0.01%
Archer-Daniels-Midland Co. 0.01%
Bayer AG 0.01%
Cie Financiere Richemont SA 0.01%
Colgate-Palmolive Co. 0.01%
Estee Lauder Cos. Inc. 0.01%
General Mills Inc. 0.01%
Hindustan Unilever Ltd. 0.01%
L'Oreal SA 0.01%
Orica Ltd 0.01%
Sherwin-Williams 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 Fri Sept. 30th 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.

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% 0.49%
2021 17.46% 12.08%
2020 -1.59% -0.81%
2019 4.47% 5.06%
2018 4.41% 3.64%
2017 5.71% 4.85%

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 Fri Sept. 30th 2022.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    13.96%
  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    9.55%
  • Vanguard Int'L Shares Select Exclusions Index Fund
    Australia Fund
    6.94%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    5.55%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    3.02%
  • Secured Loan To Booster KiwiSaver Scheme Geared Growth Fund
    New Zealand NZ Fixed Interest
    2.66%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.42%
  • BNZ Bank Bill 4/10/2022
    New Zealand NZ Fixed Interest A-1+
    1.41%
  • Metrics Secured Private Debt Fund Ii
    Australia Fund
    1.36%
  • Westpac Treasury - Td 29 Nov 2022 @ 3.765%
    New Zealand Cash and Equivalents AA-
    1.33%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Fri Sept. 30th 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 20.0% 21.07%
New Zealand Fixed Interest 25.0% 25.75%
International Fixed Interest 15.0% 15.3%
Australasian Equities 14.0% 14.05%
International Equities 20.0% 20.32%
Listed Properties 3.0% 2.81%
Unlisted Properties 3.0% 0.7%
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 Fri Sept. 30th 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).

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:
    1.79%
  • Animal Testing:
    1.93%
  • Fossil Fuels:
    3.39%
  • Gambling:
    0.33%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.76%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.03%
  • Weapons:
    0.22%

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

In their own words

"The Moderate Fund is part of the Focus Series range of funds. The fund invests mainly in income assets, but includes some growth assets. It is suited to investors looking for a low to medium level of risk and are willing to accept a moderate level of returns."

Value $15M NZD
Period of data report Fri Sept. 30th 2022
Fund started Mon Sept. 14th 2015
Total annual fund fees 0.67%
Total performance based fees 0.0%
Manager's basic fee 0.58%
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, 2 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

Brendon Doyle

Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 5 months)
Previously: Director of Direct Investments, Booster Financial Services Limited (current position) (1 years, 1 months)

Allan Yeo

Currently: Managing Director, Booster Financial Services Limited (24 years, 4 months)
Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 2 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, 11 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 Fri Sept. 30th 2022.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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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.