Booster Socially Responsible Moderate Fund

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Mindful Fund
Type: Conservative fund
Past Returns: 2.85%

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

Annual Fees: 2.39%

Annual fees, including any membership and % management 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

Weapons

Alcohol

GMOs

Novartis AG 0.07%

Human Rights & Environmental Violations

Johnson & Johnson 0.03%

Animal Testing

Colgate-Palmolive Company 0.080%
Danone SA 0.100%
Ecolab Inc 0.110%
Givaudan SA 0.140%
Johnson & Johnson 0.030%
Kao Corporation 0.070%
Kimberly-Clark Corp 0.070%
L'Oreal SA 0.180%
Pepsico Inc 0.480%
Procter & Gamble Co. 0.470%
Unilever PLC 0.080%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 -0.18% 0.9%
2019 4.54% 4.59%
2018 3.22% 3.05%
2017 3.53% 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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    16.84%
  • NZ Cash (BNZ Bank Trust Account)
    New Zealand Cash and Equivalents AA-
    3.91%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    2.43%
  • New Zealand Government Stock 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    2.15%
  • NZ Govt Stock 2.75% 15/04/2037
    New Zealand NZ Fixed Interest AA+
    1.91%
  • Westpac Bank Bill 11/08/2020
    New Zealand NZ Fixed Interest AA-
    1.77%
  • Fisher & Paykel Healthcare Corporation Ltd
    New Zealand Australasian Equities
    1.74%
  • NZ Govt Stock 4.5% 15/04/2027
    New Zealand NZ Fixed Interest AA+
    1.59%
  • NZ Govt Stock 3.50% 14/04/2033
    New Zealand NZ Fixed Interest AA+
    1.54%
  • Westpac Fixed Rate Mtn 2.22% 29/07/2024
    New Zealand NZ Fixed Interest AA-
    1.48%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 20.0% 23.61%
New Zealand Fixed Interest 27.0% 23.4%
International Fixed Interest 18.0% 16.96%
Australasian Equities 12.0% 12.4%
International Equities 19.0% 18.75%
Listed Properties 4.0% 4.88%
Unlisted Properties 0.0% 0.0%
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 Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.01%
  • Animal Testing:
    1.98%
  • Fossil Fuels:
    0.14%
  • Gambling:
    0.00%
  • GMOs:
    0.09%
  • Human Rights & Environmental Violations:
    0.07%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.04%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

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.

In their own words

"The Socially Responsible Moderate Fund invests mainly in income assets but 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 $2.9M NZD
Period of data report Tue June 30th 2020
Members 26
Fund started Sun Sept. 13th 2015
Total annual fund fees 2.39%
Total performance based fees 0.0%
Manager's basic fee 2.3%
Administration charges 0.09%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

David Beattie

Currently: Principal Booster Financial Services Limited (2 years, 1 months)
Previously: CIO Booster Financial Services Limited (17 years, 6 months)

Nic Craven

Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 1 months)
Previously: Research Manager Booster Financial Services Limited (4 years, 2 months)

Allan Yeo

Currently: Managing Director Booster Financial Services Limited (22 years, 1 months)
Previously: Associate Director Barclays Bank plc (2 years, 0 months)

Rowan Calvert

Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (2 years, 8 months)
Previously: Senior Equity Analyst Booster Financial Services Limited (7 years, 4 months)

Aaron Usher

Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (2 years, 8 months)
Previously: Equity Analyst Booster Financial Services Limited (5 years, 9 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.