Funds
Booster Focus 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 0.81%
- Contact Energy Limited 0.59%
- Woodside Energy Group Ltd 0.30%
- Exxon Mobil Corp. 0.23%
- Chevron Corp. 0.16%
- Shell PLC 0.11%
- Nextera Energy Inc. 0.09%
- Conocophillips 0.08%
- Reliance Industries Ltd. 0.08%
- Totalenergies Se 0.07%
- BP PLC 0.05%
- Enbridge Inc. 0.05%
- Vale SA 0.05%
- Apa Group 0.04%
- Duke Energy Corp. 0.04%
- Eog Resources Inc. 0.04%
- Petroleo Brasileiro SA 0.04%
- Southern Co. 0.04%
- American Electric Power Co. Inc. 0.03%
- Canadian Natural Resources Ltd. 0.03%
- Dominion Energy Inc. 0.03%
- Glencore PLC 0.03%
- Iberdrola SA 0.03%
- Marathon Petroleum Corp. 0.03%
- Occidental Petroleum Corp. 0.03%
- Pioneer Natural Resources Co. 0.03%
- Sempra Energy 0.03%
- Valero Energy Corp. 0.03%
- Whitehaven Coal Ltd 0.03%
- Ampol Ltd 0.02%
- Anglo American PLC 0.02%
- Cheniere Energy Inc. 0.02%
- Devon Energy Corp. 0.02%
- Phillips 66 0.02%
- Saudi Arabian Oil Co. 0.02%
- Suncor Energy Inc. 0.02%
- Tc Energy Corp. 0.02%
- Washington H Soul Pattinson & Co Ltd 0.02%
- Adani Enterprises Ltd. 0.01%
- Agl Energy Ltd 0.01%
- Consolidated Edison Inc. 0.01%
- Enel Spa 0.01%
- Equinor Asa 0.01%
- Hess Corp. 0.01%
- Itochu Corp. 0.01%
- Kinder Morgan Inc. 0.01%
- Mitsubishi Corp. 0.01%
- Mitsui & Co. Ltd. 0.01%
- National Grid PLC 0.01%
- Public Service Enterprise Group Inc. 0.01%
- Wec Energy Group Inc. 0.01%
- Williams Cos. Inc. 0.01%
- Xcel Energy Inc. 0.01%
Weapons
- Walmart Inc. 0.12%
- Brookfield Asset Management Inc. 0.03%
- Wal-Mart De Mexico Sab De Cv 0.02%
- Amphenol Corp. 0.01%
- L3Harris Technologies Inc. 0.01%
- Larsen & Toubro Ltd. 0.01%
- Safran SA 0.01%
Tobacco
- Alimentation Couche-Tard Inc. 0.01%
Gambling
- Sky City Entertainment Group Limited 0.23%
- Aristocrat Leisure Limited 0.08%
- Vici Properties Inc. 0.04%
- Gaming and Leisure Properties Inc. 0.01%
Alcohol
- Booster Wine Group Limited Partnership 1.05%
- Booster Wine Group Limited Partnership-B 0.63%
- Non-Taxable Accrual - Booster Wine Group Lp 0.06%
- Diageo PLC 0.05%
- Kweichow Moutai Co. Ltd. 0.02%
- Ambev SA 0.01%
- Anheuser-Busch Inbev SA/Nv 0.01%
- Constellation Brands Inc. 0.01%
- Metcash Ltd 0.01%
- Pernod Ricard SA 0.01%
Human Rights & Environmental Violations
- BHP Group Limited 0.81%
- Johnson & Johnson 0.26%
- Meta Platforms Inc. 0.19%
- Nestle SA 0.19%
- Chevron Corp. 0.16%
- Shell PLC 0.12%
- Thermo Fisher Scientific Inc. 0.12%
- Wells Fargo & Co. 0.09%
- Rio Tinto Limited 0.07%
- Caterpillar Inc. 0.05%
- Duke Energy Corp. 0.04%
- Petroleo Brasileiro SA 0.04%
- Rio Tinto PLC 0.04%
- Vale SA 0.04%
- Activision Blizzard Inc. 0.03%
- Archer-Daniels-Midland Co. 0.03%
- Bayer AG 0.03%
- Glencore PLC 0.03%
- Nutrien Ltd. 0.03%
- Corteva Inc. 0.02%
- Freeport-Mcmoran Inc. 0.02%
- Li Ning Co. Ltd. 0.02%
- Motorola Solutions Inc. 0.02%
- Uber Technologies Inc. 0.02%
- Adani Enterprises Ltd. 0.01%
- Basf Se 0.01%
Animal Cruelty
- Exxon Mobil Corp. 0.22%
- Nestle SA 0.19%
- Procter & Gamble Co. 0.19%
- Chevron Corp. 0.16%
- Coca-Cola Co. 0.14%
- Pepsico Inc. 0.14%
- Shell PLC 0.11%
- LVMH Moet Hennessy Louis Vuitton Se 0.10%
- Reliance Industries Ltd. 0.08%
- Unilever PLC 0.06%
- Mondelez International Inc. 0.05%
- 3M Co. 0.04%
- Air Liquide SA 0.03%
- Archer-Daniels-Midland Co. 0.03%
- Bayer AG 0.03%
- Cie Financiere Richemont SA 0.03%
- Colgate-Palmolive Co. 0.03%
- Estee Lauder Cos. Inc. 0.03%
- General Mills Inc. 0.03%
- L'Oreal SA 0.03%
- Nutrien Ltd. 0.03%
- Ping An Insurance Group Co. Of China Ltd. 0.03%
- Sherwin-Williams Co. 0.03%
- Constellation Brands Inc. 0.02%
- Corteva Inc. 0.02%
- Daikin Industries Ltd. 0.02%
- Ecolab Inc. 0.02%
- Hermes International 0.02%
- Hindustan Unilever Ltd. 0.02%
- Kimberly-Clark Corp. 0.02%
- Orica Ltd 0.02%
- Albemarle Corp. 0.01%
- Asian Paints Ltd. 0.01%
- Basf Se 0.01%
- Danone SA 0.01%
- Dow Inc. 0.01%
- Itc Ltd. 0.01%
- Kering SA 0.01%
- Mitsubishi Corp. 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 Focus 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 | $26M NZD |
| Period of data report | 31st Dec. 2022 |
| Fund started | 14th Sept. 2015 |
| Total annual fund fees | 0.75% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.67% |
| Other management and administration charges | 0.08% |
| 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 | 2.02% | |
| Animal Cruelty | 3.04% | |
| Fossil Fuels | 4.55% | |
| Gambling | 0.47% | |
| GMOs | 0.02% | |
| Human Rights & Environmental Violations | 2.82% | |
| Palm Oil | 0.02% | |
| Tobacco | 0.04% | |
| Weapons | 0.36% |
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% | 1.62% |
| 2021 | 17.46% | 18.25% |
| 2020 | -1.59% | -2.62% |
| 2019 | 4.47% | 6.4% |
| 2018 | 4.41% | 4.4% |
| 2017 | 5.71% | 6.87% |
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 Fund17.34% -
Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
Australia Fund15.74% -
Vanguard Int'L Shares Select Exclusions Index Fund
Australia Fund11.05% -
Ishares Core S&P/ASX 200 ETF
Australia International Equities6.97% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+6.08% -
Vanguard Emerging Markets Share Index Fund
Australia Fund4.88% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.89% -
Metrics Secured Private Debt Fund Ii
Australia Fund1.62% -
NZ Govt Stock 2.75% 15/04/2025
New Zealand NZ Fixed Interest AAA1.25% -
Ishares ESG Aware U.S. Aggregate Bond ETF
United States Int Fixed Interest1.23%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 2.0% | 8.75% |
| New Zealand Fixed Interest | 20.0% | 14.71% |
| International Fixed Interest | 18.0% | 18.92% |
| Australasian Equities | 21.0% | 13.15% |
| International Equities | 32.0% | 39.78% |
| Listed Properties | 3.0% | 3.6% |
| Unlisted Properties | 4.0% | 1.09% |
| 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.