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

    • BHP Group Limited 1.30%
    • Contact Energy Limited 1.03%
    • Woodside Energy Group Ltd 0.48%
    • Exxon Mobil Corp. 0.40%
    • Chevron Corp. 0.29%
    • Shell PLC 0.21%
    • Nextera Energy Inc. 0.17%
    • Conocophillips 0.14%
    • Reliance Industries Ltd. 0.13%
    • Totalenergies Se 0.12%
    • BP PLC 0.10%
    • Enbridge Inc. 0.08%
    • Vale SA 0.08%
    • Apa Group 0.07%
    • Dominion Energy Inc. 0.07%
    • Duke Energy Corp. 0.07%
    • Eog Resources Inc. 0.07%
    • Iberdrola SA 0.07%
    • Occidental Petroleum Corp. 0.07%
    • Petroleo Brasileiro SA 0.07%
    • Southern Co. 0.07%
    • American Electric Power Co. Inc. 0.05%
    • Canadian Natural Resources Ltd. 0.05%
    • Glencore PLC 0.05%
    • Marathon Petroleum Corp. 0.05%
    • Pioneer Natural Resources Co. 0.05%
    • Sempra Energy 0.05%
    • Valero Energy Corp. 0.05%
    • Whitehaven Coal Ltd 0.05%
    • Ampol Ltd 0.04%
    • Anglo American PLC 0.04%
    • Cheniere Energy Inc. 0.04%
    • Devon Energy Corp. 0.04%
    • Enel Spa 0.04%
    • Kinder Morgan Inc. 0.04%
    • Mitsubishi Corp. 0.04%
    • National Grid PLC 0.04%
    • Phillips 66 0.04%
    • Suncor Energy Inc. 0.04%
    • Tc Energy Corp. 0.04%
    • Washington H Soul Pattinson & Co Ltd 0.04%
    • Williams Cos. Inc. 0.04%
    • Xcel Energy Inc. 0.04%
    • Consolidated Edison Inc. 0.03%
    • Constellation Energy Corp. 0.03%
    • Eni Spa 0.03%
    • Equinor Asa 0.03%
    • Hess Corp. 0.03%
    • Itochu Corp. 0.03%
    • Mitsui & Co. Ltd. 0.03%
    • Public Service Enterprise Group Inc. 0.03%
    • Saudi Arabian Oil Co. 0.03%
    • Wec Energy Group Inc. 0.03%
    • Adani Enterprises Ltd. 0.02%
    • Adani Transmission Ltd. 0.02%
    • Agl Energy Ltd 0.02%
    • Ameren Corp. 0.02%
    • Cenovus Energy Inc. 0.02%
    • China Petroleum & Chemical Corp. 0.02%
    • China Shenhua Energy Co. Ltd. 0.02%
    • Coterra Energy Inc. 0.02%
    • Diamondback Energy Inc. 0.02%
    • Dte Energy Co. 0.02%
    • Entergy Corp. 0.02%
    • Franco-Nevada Corp. 0.02%
    • Lyondellbasell Industries Nv 0.02%
    • Oneok Inc. 0.02%
    • Posco Holdings Inc. 0.02%
    • Rwe AG 0.02%
    • Astra International Tbk Pt 0.01%
    • Beach Energy Ltd 0.01%
    • Cms Energy Corp. 0.01%
    • Fortis Inc./Canada 0.01%
    • Marathon Oil Corp. 0.01%
    • Neste Oyj 0.01%
    • Ntpc Ltd. 0.01%
    • Pembina Pipeline Corp. 0.01%
    • Petrochina Co. Ltd. 0.01%
    • Pg&E Corp. 0.01%
    • Ppl Corp. 0.01%
    • Repsol SA 0.01%
    • Sasol Ltd. 0.01%
    • Tourmaline Oil Corp. 0.01%
    • Walmart Inc. 0.21%
    • Brookfield Asset Management Inc. 0.07%
    • Amphenol Corp. 0.04%
    • L3Harris Technologies Inc. 0.04%
    • Safran SA 0.03%
    • Transdigm Group Inc. 0.03%
    • Wal-Mart De Mexico Sab De Cv 0.03%
    • Larsen & Toubro Ltd. 0.02%
    • Teledyne Technologies Inc. 0.01%
    • Alimentation Couche-Tard Inc. 0.04%
    • Itc Ltd. 0.02%
    • Kt&G Corp. 0.01%
    • Sky City Entertainment Group Limited 0.41%
    • Aristocrat Leisure Limited 0.13%
    • Vici Properties Inc. 0.10%
    • Gaming and Leisure Properties Inc. 0.03%
    • Evolution Ab 0.01%
    • Tabcorp Holdings Ltd 0.01%
    • Booster Wine Group Limited Partnership 1.83%
    • Booster Wine Group Limited Partnership-B 1.10%
    • Diageo PLC 0.10%
    • Non-Taxable Accrual - Booster Wine Group Lp 0.10%
    • Anheuser-Busch Inbev SA/Nv 0.04%
    • Constellation Brands Inc. 0.04%
    • Pernod Ricard SA 0.04%
    • Kweichow Moutai Co. Ltd. 0.03%
    • Ambev SA 0.02%
    • Brown-Forman Corp. 0.02%
    • China Resources Beer Holdings Co. Ltd. 0.02%
    • Heineken Nv 0.02%
    • Metcash Ltd 0.02%
    • Booster Wine Group Loan Facility 0.01%
    • Astra International Tbk Pt 0.01%
    • Corteva Inc. 0.05%
    • BHP Group Limited 1.30%
    • Johnson & Johnson 0.47%
    • Meta Platforms Inc. 0.33%
    • Nestle SA 0.33%
    • Chevron Corp. 0.29%
    • Shell PLC 0.21%
    • Thermo Fisher Scientific Inc. 0.21%
    • Wells Fargo & Co. 0.17%
    • Rio Tinto Limited 0.11%
    • Caterpillar Inc. 0.09%
    • Petroleo Brasileiro SA 0.08%
    • Vale SA 0.08%
    • Activision Blizzard Inc. 0.07%
    • Duke Energy Corp. 0.07%
    • Rio Tinto PLC 0.07%
    • Archer-Daniels-Midland Co. 0.05%
    • Bayer AG 0.05%
    • Glencore PLC 0.05%
    • Nutrien Ltd. 0.05%
    • Basf Se 0.04%
    • Corteva Inc. 0.04%
    • Freeport-Mcmoran Inc. 0.04%
    • Motorola Solutions Inc. 0.04%
    • Uber Technologies Inc. 0.04%
    • Barrick Gold Corp. 0.03%
    • Li Ning Co. Ltd. 0.03%
    • Adani Enterprises Ltd. 0.02%
    • China Petroleum & Chemical Corp. 0.02%
    • Astra International Tbk Pt 0.01%
    • Centrais Eletricas Brasileiras SA 0.01%
    • Formosa Chemicals & Fibre Corp. 0.01%
    • Petrochina Co. Ltd. 0.01%
    • Pg&E Corp. 0.01%
    • Exxon Mobil Corp. 0.40%
    • Nestle SA 0.33%
    • Procter & Gamble Co. 0.33%
    • Chevron Corp. 0.29%
    • Coca-Cola Co. 0.26%
    • Pepsico Inc. 0.24%
    • Shell PLC 0.21%
    • LVMH Moet Hennessy Louis Vuitton Se 0.18%
    • Reliance Industries Ltd. 0.13%
    • Unilever PLC 0.11%
    • L'Oreal SA 0.08%
    • Mondelez International Inc. 0.08%
    • 3M Co. 0.07%
    • Colgate-Palmolive Co. 0.07%
    • Air Liquide SA 0.05%
    • Archer-Daniels-Midland Co. 0.05%
    • Bayer AG 0.05%
    • Cie Financiere Richemont SA 0.05%
    • Estee Lauder Cos. Inc. 0.05%
    • General Mills Inc. 0.05%
    • Nutrien Ltd. 0.05%
    • Sherwin-Williams Co. 0.05%
    • Basf Se 0.04%
    • Constellation Brands Inc. 0.04%
    • Corteva Inc. 0.04%
    • Daikin Industries Ltd. 0.04%
    • Dow Inc. 0.04%
    • Ecolab Inc. 0.04%
    • Hermes International 0.04%
    • Hindustan Unilever Ltd. 0.04%
    • Kering SA 0.04%
    • Kimberly-Clark Corp. 0.04%
    • Mitsubishi Corp. 0.04%
    • Ping An Insurance Group Co. Of China Ltd. 0.04%
    • Albemarle Corp. 0.03%
    • Danone SA 0.03%
    • Dupont De Nemours Inc. 0.03%
    • Eni Spa 0.03%
    • Givaudan SA 0.03%
    • Keurig Dr Pepper Inc. 0.03%
    • Koninklijke Ahold Delhaize Nv 0.03%
    • Kraft Heinz Co. 0.03%
    • Orica Ltd 0.03%
    • PPG Industries Inc. 0.03%
    • Asian Paints Ltd. 0.02%
    • Canon Inc. 0.02%
    • China Petroleum & Chemical Corp. 0.02%
    • Formosa Plastics Corp. 0.02%
    • Grupo Mexico Sab De Cv 0.02%
    • International Flavors & Fragrances Inc. 0.02%
    • Itc Ltd. 0.02%
    • Koninklijke Dsm Nv 0.02%
    • Lyondellbasell Industries Nv 0.02%
    • Nan Ya Plastics Corp. 0.02%
    • Church & Dwight Co. Inc. 0.01%
    • Clorox Co. 0.01%
    • Denso Corp. 0.01%
    • Formosa Chemicals & Fibre Corp. 0.01%
    • Fujifilm Holdings Corp. 0.01%
    • Kao Corp. 0.01%
    • Kellogg Co. 0.01%
    • Kt&G Corp. 0.01%
    • Mosaic Co. 0.01%
    • Nestle India Ltd. 0.01%
    • Sasol Ltd. 0.01%
    • Tesco PLC 0.01%
    • Tyson Foods 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 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

The High Growth Fund is part of the Focus Series range of funds. The fund invests predominantly in growth assets, with little or no income assets. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns.

Value $5.9M NZD
Period of data report 31st Dec. 2022
Fund started 14th Sept. 2015
Total annual fund fees 0.85%
Total performance based fees 0.0%
Manager's basic fee 0.75%
Other management and administration charges 0.1%
Total other charges 0.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (1 years, 5 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, 8 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, 7 months)
Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

Aaron Usher

Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 5 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 (5 years, 2 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 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 0.02%
Alcohol 3.53%
Animal Cruelty 5.15%
Fossil Fuels 7.87%
Gambling 0.82%
GMOs 0.04%
Human Rights & Environmental Violations 4.65%
Palm Oil 0.04%
Tobacco 0.08%
Weapons 0.64%

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 3.19% 5.15%
2021 36.07% 33.73%
2020 -7.33% -7.42%
2019 10.16% 8.52%
2018 7.53% 6.69%
2017 9.49% 10.75%

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 Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    28.27%
  • Vanguard Int'L Shares Select Exclusions Index Fund
    Australia Fund
    19.84%
  • Ishares Core S&P/ASX 200 ETF
    Australia International Equities
    11.24%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    8.56%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    3.39%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    2.13%
  • Booster Wine Group Limited Partnership
    New Zealand Australasian Equities
    1.84%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.65%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.53%
  • Ebos Group Limited
    New Zealand Australasian Equities
    1.14%
Type Target Actual
Cash and Cash Equivalents 1.0% 1.09%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 33.0% 22.94%
International Equities 55.0% 67.68%
Listed Properties 5.0% 6.46%
Unlisted Properties 6.0% 1.83%
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 Dec. 2022.