Funds
Booster Socially Responsible Moderate 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
Gambling
- Vici Properties Inc. 0.03%
- Gaming and Leisure Properties Inc. 0.01%
Human Rights & Environmental Violations
- Thermo Fisher Scientific 0.33%
- Meta Platforms Inc 0.19%
- Johnson & Johnson 0.09%
- Caterpillar Inc 0.07%
- Wells Fargo & Company 0.04%
- Freeport-Mcmoran Inc 0.03%
- Uber Technologies Inc 0.03%
- Archer-Daniels-Midland Co 0.02%
- Barrick Gold Corporation 0.02%
Animal Cruelty
- Pepsico Inc 0.29%
- L'Oreal SA 0.08%
- Mondelez International Inc 0.08%
- Unilever PLC 0.08%
- General Mills Inc 0.04%
- Sherwin-Williams 0.04%
- 3M Co 0.03%
- Kellogg Co 0.03%
- Mosaic Co 0.03%
- Richemont SA 0.03%
- Archer-Daniels-Midland Co 0.02%
- Church & Dwight Co Inc 0.02%
- Dow Inc 0.02%
- Koninklijke Dsm Nv 0.02%
- Kraft Heinz Co 0.02%
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 Socially Responsible Moderate Fund invests mainly in income assets and includes some growth assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, with a low to medium level of risk and are willing to accept a moderate level of returns.
Booster has been looking after New Zealanders’ money since 1998. And we’re proudly Kiwi owned and operated. We’re an independent financial services company, based right here in Wellington.
We know that understanding how your money is invested is important to you. It's important to us too. That's why we consider environmental, social and governance risks when we assess investments across all of our core KiwiSaver and Investment funds.
| Value | $16M NZD |
| Period of data report | 30th Sept. 2022 |
| Fund started | 13th Sept. 2015 |
| Total annual fund fees | 2.4% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.3% |
| Other management and administration charges | 0.1% |
| 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) |
|
Brendon Doyle |
Currently: Chair of the Investment Committee, Booster Investment Management Limited (0 years, 5 months) |
|
Allan Yeo |
Currently: Managing Director, Booster Financial Services Limited (24 years, 4 months) |
|
Aaron Usher |
Currently: Portfolio Strategy Manager, Booster Financial Services Limited (1 years, 2 months) |
|
Rowan Calvert |
Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (4 years, 11 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 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 | 0.00% | |
| Alcohol | 0.00% | |
| Animal Cruelty | 1.00% | |
| Fossil Fuels | 0.01% | |
| Gambling | 0.05% | |
| GMOs | 0.00% | |
| Human Rights & Environmental Violations | 0.98% | |
| Palm Oil | 0.00% | |
| Tobacco | 0.00% | |
| Weapons | 0.00% |
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 | -0.26% | -0.82% |
| 2021 | 8.99% | 10.74% |
| 2020 | 0.27% | 0.9% |
| 2019 | 4.19% | 4.59% |
| 2018 | 3.39% | 3.05% |
| 2017 | 3.28% | 3.35% |
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 30th Sept. 2022.
Top 10 Investments
-
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund18.78% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+6.96% -
NZ Govt Stock 2.75% 15/04/2025
New Zealand NZ Fixed Interest AAA2.65% -
BNZ Bank Bill 4/10/2022
New Zealand NZ Fixed Interest A-1+2.07% -
NZ Govt Stock 0.50% 15/05/2024
New Zealand NZ Fixed Interest AAA1.94% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund1.39% -
Westpac Treasury - Td 29 Nov 2022 @ 3.765%
New Zealand Cash and Equivalents AA-1.34% -
Westpac Treasury - Td 15 Nov 2022 @ 2.570%
New Zealand Cash and Equivalents AA-1.21% -
Microsoft Corporation
United States International Equities1.05% -
ASB Bank Bill 04/10/2022
New Zealand NZ Fixed Interest A-1+1.05%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 20.0% | 23.3% |
| New Zealand Fixed Interest | 27.0% | 24.78% |
| International Fixed Interest | 18.0% | 18.72% |
| Australasian Equities | 12.0% | 11.4% |
| International Equities | 20.0% | 19.05% |
| Listed Properties | 3.0% | 2.75% |
| Unlisted Properties | 0.0% | 0.0% |
| 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 30th Sept. 2022.