Funds

Booster Corporate Bond Fund

Total Ethical Concerns: 2.45%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Animal Cruelty 0.53%

    • Exxon Mobil Corp.
      0.08%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.08%
    • Hermès International Sca
      0.05%
      0.05%
    • 0.05%
    • L'Oréal SA
      0.04%
      0.04%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Air Liquide
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Human Rights Violations 0.54%

    • 0.18%
    • 0.05%
    • Rio Tinto
      0.03%
      0.03%
    • UBS
      0.03%
      0.03%
    • Nestlé
      0.02%
      0.02%
    • 0.02%
    • Wells Fargo
      0.02%
      0.02%
    • Caterpillar
      0.01%
      0.01%
  • Social Harm 0.35%

  • Fossil Fuels 1.05%

    • Contact Energy Ltd.
      0.23%
      1.5°C
      This company is on a 1.5°C pathway
      0.23%
    • BHP
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Exxon Mobil Corp.
      0.08%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.08%
    • Totalenergies Se
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Channel Infrastructure
      0.02%
      0.02%
    • Equinor Asa
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Woodside Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Conocophillips
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%
    • Nextera Energy, Inc.
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • The Southern Co.
      0.01%
      0.01%
  • Weapons 0.11%

    • 0.05%
  • Environmental Harm 0.33%

    • BHP
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • 0.03%
    • PepsiCo
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Danone
      0.01%
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The Corporate Bond Fund is suited to investors who seek an enhanced return to bank term deposits on average over medium term periods, whilst accepting a different risk and allowing for some short term movements up and down. We aim to achieve this by investing entirely in income assets, such as corporate bonds or other fixed interest securities issued by New Zealand and Global companies.

    Value $3.12M NZD
    Period of data report 30th June 2025
    Fund started 31st May 2015
    Total annual fund fees 0.84%
    Total performance based fees 0.0%
    Manager's basic fee 0.8%
    Other management and administration charges 0.04%
    Total other charges 0.0
    Total other charges currency NZD

    Nic Craven

    Currently: Chair of the Booster Investment Committee (0 years, 1 months)
    Previously: Chief Investment Officer, Booster Financial Services (3 years, 10 months)

    Aaron Usher

    Currently: Portfolio Strategy Manager (3 years, 11 months)
    Previously: Portfolio Manager - Australasian Equities, Booster Financial Services (3 years, 8 months)

    Steffan Berridge

    Currently: Booster Investment Committee Member (0 years, 1 months)
    Previously: Chief Investment Officer, Kiwi Wealth (1 years, 4 months)

    Colin Thompson

    Currently: Booster Investment Committee Member (0 years, 1 months)
    Previously: Senior Investment Specialist, Medical Assurance Society (1 years, 2 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 3.87% 5.49%
    2024 3.43% 4.49%
    2023 -0.79% 0.2%
    2022 -2.46% -2.84%
    2021 2.15% 3.31%
    2020 1.75% 1.37%
    2019 2.76% 3.41%
    2018 1.94% 2.59%
    2017 1.52% 1.88%

    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 June 2025.

  • Investments

    Top 10 Investments

    • Secured Loan To Booster KiwiSaver Scheme Geared Growth Fund

      New Zealand NZ Fixed Interest

      16.14%
    • Kimihia Senior Loan Facility 06/05/2027

      New Zealand NZ Fixed Interest

      7.75%
    • Infratil Infrastructure Bonds 7.06% 17/12/2031

      New Zealand NZ Fixed Interest

      6.4%
    • Powerco 6.397% 7/03/2030

      New Zealand NZ Fixed Interest BBB

      5.86%
    • NZ Cash (BNZ Bank Trust Account)

      New Zealand Cash and Equivalents A-1+

      5.59%
    • Contact Energy Bond 5.82% 11/04/2028

      New Zealand NZ Fixed Interest BBB

      4.92%
    • Goodman Property Trust 5.012% 08/10/2029

      New Zealand NZ Fixed Interest BBB+

      4.91%
    • Investore Property Limited 4% 25/02/2027

      New Zealand NZ Fixed Interest

      4.87%
    • Meridian Energy 5.40% 21/03/2030

      New Zealand NZ Fixed Interest BBB+

      4.58%
    • Precinct Properties NZ Limited 5.42% 24/10/2029

      New Zealand NZ Fixed Interest

      4.56%
    Type Target Actual
    Cash and Cash Equivalents 1.0% 5.59%
    New Zealand Fixed Interest 74.0% 94.41%
    International Fixed Interest 25.0% 0.0%
    Australasian Equities 0.0% 0.0%
    International Equities 0.0% 0.0%
    Listed Properties 0.0% 0.0%
    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 30th June 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

  • 0.53% Animal Cruelty
  • 0.54% Human Rights Violations
  • 0.35% Social Harm
  • 1.05% Fossil Fuels
  • 0.11% Weapons
  • 0.33% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Exxon Mobil Corp.
      0.08%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.08%
    • Hermès International Sca
      0.05%
      0.05%
    • 0.05%
    • L'Oréal SA
      0.04%
      0.04%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Air Liquide
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
  • Human Rights Violations

    • 0.18%
    • 0.05%
    • Rio Tinto
      0.03%
      0.03%
    • UBS
      0.03%
      0.03%
    • Nestlé
      0.02%
      0.02%
    • 0.02%
    • Wells Fargo
      0.02%
      0.02%
    • Caterpillar
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.23%
      1.5°C
      This company is on a 1.5°C pathway
      0.23%
    • BHP
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Exxon Mobil Corp.
      0.08%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.08%
    • Totalenergies Se
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Rio Tinto
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Channel Infrastructure
      0.02%
      0.02%
    • Equinor Asa
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Woodside Energy Group Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Conocophillips
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%
    • Nextera Energy, Inc.
      0.01%
      0.01%
    • Reliance Industries Ltd.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • The Southern Co.
      0.01%
      0.01%
  • Weapons

    • 0.05%
  • Environmental Harm

    • BHP
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Chevron Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • 0.03%
    • PepsiCo
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Danone
      0.01%
      0.01%
    • Duke Energy Corp
      0.01%
      0.01%

About this Fund

The Corporate Bond Fund is suited to investors who seek an enhanced return to bank term deposits on average over medium term periods, whilst accepting a different risk and allowing for some short term movements up and down. We aim to achieve this by investing entirely in income assets, such as corporate bonds or other fixed interest securities issued by New Zealand and Global companies.

Value $3.12M NZD
Period of data report 30th June 2025
Fund started 31st May 2015
Total annual fund fees 0.84%
Total performance based fees 0.0%
Manager's basic fee 0.8%
Other management and administration charges 0.04%
Total other charges 0.0
Total other charges currency NZD

Nic Craven

Currently: Chair of the Booster Investment Committee (0 years, 1 months)
Previously: Chief Investment Officer, Booster Financial Services (3 years, 10 months)

Aaron Usher

Currently: Portfolio Strategy Manager (3 years, 11 months)
Previously: Portfolio Manager - Australasian Equities, Booster Financial Services (3 years, 8 months)

Steffan Berridge

Currently: Booster Investment Committee Member (0 years, 1 months)
Previously: Chief Investment Officer, Kiwi Wealth (1 years, 4 months)

Colin Thompson

Currently: Booster Investment Committee Member (0 years, 1 months)
Previously: Senior Investment Specialist, Medical Assurance Society (1 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 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 3.87% 5.49%
2024 3.43% 4.49%
2023 -0.79% 0.2%
2022 -2.46% -2.84%
2021 2.15% 3.31%
2020 1.75% 1.37%
2019 2.76% 3.41%
2018 1.94% 2.59%
2017 1.52% 1.88%

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 June 2025.

Top 10 Investments

  • Secured Loan To Booster KiwiSaver Scheme Geared Growth Fund

    New Zealand NZ Fixed Interest

    16.14%
  • Kimihia Senior Loan Facility 06/05/2027

    New Zealand NZ Fixed Interest

    7.75%
  • Infratil Infrastructure Bonds 7.06% 17/12/2031

    New Zealand NZ Fixed Interest

    6.4%
  • Powerco 6.397% 7/03/2030

    New Zealand NZ Fixed Interest BBB

    5.86%
  • NZ Cash (BNZ Bank Trust Account)

    New Zealand Cash and Equivalents A-1+

    5.59%
  • Contact Energy Bond 5.82% 11/04/2028

    New Zealand NZ Fixed Interest BBB

    4.92%
  • Goodman Property Trust 5.012% 08/10/2029

    New Zealand NZ Fixed Interest BBB+

    4.91%
  • Investore Property Limited 4% 25/02/2027

    New Zealand NZ Fixed Interest

    4.87%
  • Meridian Energy 5.40% 21/03/2030

    New Zealand NZ Fixed Interest BBB+

    4.58%
  • Precinct Properties NZ Limited 5.42% 24/10/2029

    New Zealand NZ Fixed Interest

    4.56%
Type Target Actual
Cash and Cash Equivalents 1.0% 5.59%
New Zealand Fixed Interest 74.0% 94.41%
International Fixed Interest 25.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
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 30th June 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.