Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.
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
Gambling
Gaming and Leisure Properties Inc. 0.03%
Vici Properties Inc. 0.04%
Human Rights & Environmental Violations
Animal Testing
Colgate-Palmolive Company 0.140%
Danone SA 0.150%
Ecolab Inc 0.220%
Givaudan SA 0.150%
Kimberly-Clark Corp 0.120%
L'Oreal SA 0.300%
Linde PLC 0.770%
Pepsico Inc 0.790%
Procter & Gamble Co. 0.800%
Unilever PLC 0.150%
This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 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, Sustainalytics and research organisations.
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.
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 | -2.86% | 0.46% |
2019 | 4.44% | 5.92% |
2018 | 4.90% | 3.86% |
2017 | 5.60% | 4.97% |
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 Wed Sept. 30th 2020.
Showing the top 10 investments for this fund:
-
Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
Australia Fund21.57% -
Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
Australia Fund4.46% -
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents AA-2.53% -
Fisher & Paykel Healthcare Corporation Ltd
New Zealand Australasian Equities1.9% -
Microsoft Corporation
United States International Equities1.74% -
Auckland International Airport Limited
New Zealand Australasian Equities1.3% -
The A2 Milk Company Limited
New Zealand Australasian Equities1.21% -
Goodman Property Trust
New Zealand Listed Property1.12% -
New Zealand Government Stock 3.0% 20/04/2029
New Zealand NZ Fixed Interest AA+1.12% -
The Home Depot Inc
United States International Equities1.08%
This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 2020.
How the money in this fund is invested against the fund's targets.
Target
Actual
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 5.0% | 7.68% |
New Zealand Fixed Interest | 17.0% | 13.58% |
International Fixed Interest | 23.0% | 21.67% |
Australasian Equities | 18.0% | 18.65% |
International Equities | 30.0% | 29.54% |
Listed Properties | 7.0% | 8.88% |
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 Wed Sept. 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 concernDoes this fund say it excludes this?Actual holdings
-
Adult Entertainment/Pornography:0.00%
-
Alcohol:0.00%
-
Animal Testing:3.81%
-
Fossil Fuels:0.05%
-
Gambling:0.07%
-
GMOs:0.00%
-
Human Rights & Environmental Violations:0.03%
-
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 Wed Sept. 30th 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, Sustainalytics 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 Balanced Fund invests in a balanced mix of income and 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 who are comfortable with a medium level of risk and are willing to accept a medium 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 | $33M NZD |
Period of data report | Wed Sept. 30th 2020 |
Members | 142 |
Fund started | Sun Sept. 6th 2015 |
Total annual fund fees | 2.79% |
Total performance based fees | 0.0% |
Manager's basic fee | 2.67% |
Administration charges | 0.12% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
David Beattie |
Currently: Principal Booster Financial Services Limited (2 years, 4 months) |
Nic Craven |
Currently: Senior Manager - Research Booster Financial Services Limited (2 years, 4 months) |
Allan Yeo |
Currently: Managing Director Booster Financial Services Limited (22 years, 4 months) |
Rowan Calvert |
Currently: Portfolio Manager - Global Equities Booster Financial Services Limited (2 years, 11 months) |
Aaron Usher |
Currently: Portfolio Manager - Australasian Equities Booster Financial Services Limited (2 years, 11 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to Wed Sept. 30th 2020.
Downloads
Download the fund's disclosure statement and portfolio holdings.