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:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

    • Meta Platforms Inc-Class A 0.60%
    • Johnson & Johnson 0.22%
    • Rio Tinto Ltd 0.19%
    • Nestle SA-Reg 0.17%
    • Thermo Fisher Scientific 0.14%
    • Wells Fargo & Co 0.14%
    • Caterpillar Finl Service 0.11%
    • Uber Technologies Inc 0.08%
    • Rio Tinto PLC-Spon Adr 0.05%
    • Ubs Group AG-Reg 0.05%
    • Glencore PLC 0.04%
    • Motorola Solutions Inc 0.03%
    • Palantir Technologies Inc-A 0.03%
    • Grupo Mexico Sab De Cv-Ser B 0.02%
    • Petrochina Co Ltd-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • China Petroleum & Chemical-A 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • BHP Group Ltd 0.86% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Chevron Corp 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.05%
    • Freeport-Mcmoran Inc 0.04%
    • Glencore PLC 0.04%
    • Vale SA 0.04%
    • 3M Co 0.03%
    • Basf Se 0.03%
    • Corteva Inc 0.02%
    • Ntpc Ltd 0.02%
    • Pg&E Corp 0.02%
    • Archer-Daniels-Midland Co 0.01%
    • Barrick Gold Corp 0.01%
    • Bayer AG-Reg 0.01%
    • Zijin Mining Group Co Ltd-A 0.01%
    • Exxon Mobil Corp 0.30% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Procter & Gamble Co/The 0.24%
    • Chevron Corp 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • LVMH Moet Hennessy Vuitt 0.14%
    • Reliance Industries Ltd 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Unilever PLC 0.08%
    • Air Liquide SA 0.05%
    • Hermes International 0.05%
    • L'Oreal 0.05%
    • Colgate-Palmolive Co 0.04%
    • Ecolab Inc 0.04%
    • Sherwin-Williams Co 0.04%
    • Shin-Etsu Chemical Co Ltd 0.04%
    • 3M Co 0.03%
    • Basf Se 0.03%
    • Dow Inc 0.03%
    • Givaudan-Reg 0.03%
    • Kimberly-Clark Corp 0.03%
    • Orica Ltd 0.03%
    • Corteva Inc 0.02%
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Hindustan Unilever Ltd 0.02%
    • Asian Paints Ltd 0.01%
    • Bayer AG-Reg 0.01%
    • China Petroleum & Chemical-A 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Dupont De Nemours Inc 0.01%
    • Estee Lauder Co Inc 0.01%
    • Fancl Corp 0.01%
    • Itc Ltd 0.01%
    • Koninklijke Ahold Delhaize N 0.01%
    • PPG Industries Inc 0.01%
    • Walmart Inc 0.17%
    • Amphenol Corp 0.04%
    • Safran SA 0.04%
    • Transdigm Inc 0.04%
    • Brookfield Corp 0.03%
    • Larsen & Toubro Ltd 0.03%
    • Rolls-Royce Holdings PLC 0.03%
    • Daikin Industries Ltd 0.02%
    • Contact Energy Ltd 0.96% 1.5°C
      This company is on a 1.5°C pathway
    • BHP Group Ltd 0.86% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Exxon Mobil Corp 0.30% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Woodside Energy Group Ltd 0.21% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto Ltd 0.19%
    • Chevron Corp 0.18% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Shell PLC 0.15% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Reliance Industries Ltd 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Santos Ltd 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Totalenergies Se 0.10% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Conocophillips 0.09% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Nextera Energy Inc 0.09%
    • BP PLC 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Origin Energy Ltd 0.07% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Petroleo Brasileiro-Spon Adr 0.06% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • South32 Ltd 0.06%
    • Canadian Natural Resources 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Duke Energy Corp 0.05%
    • Eog Resources Inc 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Iberdrola SA 0.05% 1.5°C
      This company is on a 1.5°C pathway
    • Mitsubishi Corp 0.05% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Rio Tinto PLC-Spon Adr 0.05%
    • Southern Co/The 0.05%
    • Apa Group 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Constellation Energy 0.04%
    • Enbridge Inc 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Glencore PLC 0.04%
    • Marathon Petroleum Corp 0.04%
    • Mitsui & Co Ltd 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Phillips 66 Co 0.04%
    • Pioneer Natural Resource 0.04% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Vale SA 0.04%
    • American Electric Power 0.03%
    • Ampol Ltd 0.03%
    • Dominion Energy Inc 0.03%
    • Enel Spa 0.03% 1.5°C
      This company is on a 1.5°C pathway
    • Hess Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Itochu Corp 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • National Grid PLC 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Occidental Petroleum Cor 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Oneok Inc 0.03%
    • Orica Ltd 0.03%
    • Sempra Energy 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Suncor Energy Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Valero Energy Corp 0.03%
    • Washington H. Soul Pattinson 0.03%
    • Whitehaven Coal Ltd 0.03%
    • Williams Cos Inc 0.03% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Agl Energy Ltd 0.02%
    • Cheniere Energy Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Diamondback Energy Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Eni Spa 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Grupo Financiero Inbursa Sab De Cv 0.02%
    • Grupo Mexico Sab De Cv-Ser B 0.02%
    • Halliburton Co 0.02%
    • Kinder Morgan Inc 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Ntpc Ltd 0.02%
    • Petrochina Co Ltd-A 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Pg&E Corp 0.02%
    • Posco Holdings Inc 0.02%
    • Public Service Enterpris 0.02%
    • Saudi Arabian Oil Co 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tc Energy Corp 0.02% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Beach Energy Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Cenovus Energy Inc 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • China Petroleum & Chemical-A 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • China Shenhua Energy Co-H 0.01%
    • Consolidated Edison Inc 0.01%
    • Devon Energy Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • E.On Se 0.01%
    • New Hope Corp Ltd 0.01%
    • Sumitomo Corp 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Tata Steel Ltd 0.01%
    • Viva Energy Group Ltd 0.01% !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
    • Wec Energy Group Inc 0.01%
    • Weg SA 0.01%
    • Xcel Energy Inc 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 31st March 2024 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

The Growth Fund is part of the Focus Series range of funds. The fund is suited to investors who seek potentially relatively high returns on average over longer term periods (seven years plus), allowing for short to medium term ups and downs. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets. We utilise a mainly passive approach for the Focus Series.

Value $10.2M NZD
Period of data report 31st March 2024
Fund started 14th Sept. 2015
Total annual fund fees 0.77%
Total performance based fees 0.0%
Manager's basic fee 0.69%
Other management and administration charges 0.09%
Total other charges 0.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (2 years, 8 months)
Previously: Senior Manager - Research, Booster Financial Services Limited (3 years, 2 months)

David Beattie

Currently: Chair of the Investment Committee, Booster Investment Management Limited (5 years, 1 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Charles Roberts

Currently: Adviser to Booster Investment Committee, Booster Financial Services Limited (1 years, 5 months)
Previously: Head of Money Markets, Bank of New Zealand (12 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (2 years, 8 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (3 years, 8 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (6 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 31st March 2024.

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
2024 12.57% 12.17%
2023 -4.05% -3.35%
2022 1.38% 3.22%
2021 27.68% 25.34%
2020 -4.45% -4.98%
2019 6.12% 7.78%
2018 8.66% 5.75%
2017 7.20% 9.02%

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 March 2024.

Top 10 Investments

  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    21.95%
  • Vanguard Int'L Shares Select Exclusions Index Fund
    Australia Fund
    15.62%
  • Ishares Core S&P/ASX 200 ETF
    Australia Fund
    9.08%
  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    8.4%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    6.55%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.78%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents A-1+
    2.24%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    1.96%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.43%
  • Booster Wine Group Limited Partnership
    New Zealand Australasian Equities
    1.31%
Type Target Actual
Cash and Cash Equivalents 2.0% 4.02%
New Zealand Fixed Interest 10.0% 8.1%
International Fixed Interest 8.0% 9.49%
Australasian Equities 27.0% 18.66%
International Equities 44.0% 53.45%
Listed Properties 4.0% 5.4%
Unlisted Properties 5.0% 0.88%
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.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2024.