Funds

Booster Income 99 Fund

Total Ethical Concerns: 18.19%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

  • Fossil Fuels 18.19%

    • Contact Energy Ltd.
      10.64%
      1.5°C
      This company is on a 1.5°C pathway
      10.64%
    • 3.92%
    • Channel Infrastructure
      3.64%
      3.64%

From the Fund Provider

  • About this fund

    About this Fund

    The Income 99 Fund is suited to investors who seek potentially higher income-driven returns on average over long-term periods (ten years plus), whilst allowing for short to medium term ups and downs. We aim to achieve this by investing predominantly in relatively high dividend-paying growth assets, predominantly listed or issued in New Zealand. The Fund is intended as a higher risk fund, designed to complement a broader portfolio.

    Value $2.52M NZD
    Period of data report 31st March 2025
    Fund started 19th Sept. 2016
    Total annual fund fees 1.04%
    Total performance based fees 0.0%
    Manager's basic fee 1.0%
    Other management and administration charges 0.04%
    Total other charges 0.0
    Total other charges currency NZD

    Nic Craven

    Currently: Chief Investment Officer, Booster Financial Services Limited (3 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 (6 years, 1 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

    Brendon Doyle

    Currently: Investment Committee Member, Booster Investment Management Limited (0 years, 7 months)
    Previously: Director of Direct Investments, Booster Financial Services Limited (7 years, 0 months)

    Aaron Usher

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

    Karan Bir Mohindra

    Currently: Fixed Interest & Currency Analyst, Booster Financial Services Limited (1 years, 4 months)
    Previously: Assistant Vice-President, Citigroup (3 years, 5 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.07% -8.16%
    2024 15.78% 2.37%
    2023 -4.85% -8.46%
    2022 3.53% 5.67%
    2021 35.55% 41.75%
    2020 -7.06% -18.39%
    2019 10.17% 18.1%
    2018 7.53% 3.77%

    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 2025.

  • Investments

    Top 10 Investments

    • Mercury NZ Limited

      New Zealand Australasian Equities

      11.51%
    • Chorus Limited

      New Zealand Australasian Equities

      10.88%
    • Contact Energy Limited

      New Zealand Australasian Equities

      10.64%
    • Spark New Zealand Limited

      New Zealand Australasian Equities

      7.88%
    • Precinct Properties New Zealand Limited

      New Zealand Listed Property

      6.8%
    • Freightways Group Limited

      New Zealand Australasian Equities

      5.0%
    • Argosy Property Limited

      New Zealand Listed Property

      4.52%
    • Westpac Banking Corporation

      Australia Australasian Equities

      3.97%
    • Genesis Energy Limited

      New Zealand Australasian Equities

      3.92%
    • Skellerup Holdings Limited

      New Zealand Australasian Equities

      3.75%
    Type Target Actual
    Cash and Cash Equivalents 1.0% 2.92%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 99.0% 80.0%
    International Equities 0.0% 2.1%
    Listed Properties 0.0% 14.98%
    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 by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 18.19% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

  • Fossil Fuels

    • Contact Energy Ltd.
      10.64%
      1.5°C
      This company is on a 1.5°C pathway
      10.64%
    • 3.92%
    • Channel Infrastructure
      3.64%
      3.64%

About this Fund

The Income 99 Fund is suited to investors who seek potentially higher income-driven returns on average over long-term periods (ten years plus), whilst allowing for short to medium term ups and downs. We aim to achieve this by investing predominantly in relatively high dividend-paying growth assets, predominantly listed or issued in New Zealand. The Fund is intended as a higher risk fund, designed to complement a broader portfolio.

Value $2.52M NZD
Period of data report 31st March 2025
Fund started 19th Sept. 2016
Total annual fund fees 1.04%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.04%
Total other charges 0.0
Total other charges currency NZD

Nic Craven

Currently: Chief Investment Officer, Booster Financial Services Limited (3 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 (6 years, 1 months)
Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

Brendon Doyle

Currently: Investment Committee Member, Booster Investment Management Limited (0 years, 7 months)
Previously: Director of Direct Investments, Booster Financial Services Limited (7 years, 0 months)

Aaron Usher

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

Karan Bir Mohindra

Currently: Fixed Interest & Currency Analyst, Booster Financial Services Limited (1 years, 4 months)
Previously: Assistant Vice-President, Citigroup (3 years, 5 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 4.07% -8.16%
2024 15.78% 2.37%
2023 -4.85% -8.46%
2022 3.53% 5.67%
2021 35.55% 41.75%
2020 -7.06% -18.39%
2019 10.17% 18.1%
2018 7.53% 3.77%

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 2025.

Top 10 Investments

  • Mercury NZ Limited

    New Zealand Australasian Equities

    11.51%
  • Chorus Limited

    New Zealand Australasian Equities

    10.88%
  • Contact Energy Limited

    New Zealand Australasian Equities

    10.64%
  • Spark New Zealand Limited

    New Zealand Australasian Equities

    7.88%
  • Precinct Properties New Zealand Limited

    New Zealand Listed Property

    6.8%
  • Freightways Group Limited

    New Zealand Australasian Equities

    5.0%
  • Argosy Property Limited

    New Zealand Listed Property

    4.52%
  • Westpac Banking Corporation

    Australia Australasian Equities

    3.97%
  • Genesis Energy Limited

    New Zealand Australasian Equities

    3.92%
  • Skellerup Holdings Limited

    New Zealand Australasian Equities

    3.75%
Type Target Actual
Cash and Cash Equivalents 1.0% 2.92%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 99.0% 80.0%
International Equities 0.0% 2.1%
Listed Properties 0.0% 14.98%
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 by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.