Booster Investment Management Limited
Shielded Growth Fund
Booster KiwiSaver SchemeAggressive
What the provider says about this fund
The Shielded Growth Fund is suited to investors who seek potentially relatively high returns over longer term periods (seven years plus), allowing for short to medium term ups and downs, whilst partially shielding the fund against some of the more significant short-term risks. We aim to achieve this by investing predominantly in growth assets, with little or no allocation to income assets.
1-year return
8.84%
5-year return p.a.
5.13%
Total annual fee
1.41%
Fund size ($m)
14.6
Members
575
Inception date
31 May 2018
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
93.32%
Income assets
6.68%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 24.16% | 32.00% | 28.28% |
| Cash and equivalents | 4.33% | 1.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International shares | 63.80% | 57.00% | 59.89% |
| Listed property | 2.36% | 5.00% | 8.08% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 3.00% | 5.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 2.89% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 2.70% |
| 3 | NZ Cash (BNZ Bank Trust Account) | Cash | Cash and Cash Equivalents | NZ | 2.40% |
| 4 | Vanguard ESG US Stock ETF | Fund | Fund | US | 2.37% |
| 5 | Apple Inc | Shares | International Equities | US | 2.17% |
| 6 | Microsoft Corporation | Shares | International Equities | US | 1.90% |
| 7 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.78% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.53% |
| 9 | Infratil Limited | Shares | Australasian Equities | NZ | 1.53% |
| 10 | Alphabet Inc (Class C) | Shares | International Equities | US | 1.45% |
Fees
1.41% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.25% | $375 | 0.71% |
| Other fees | 0.04% | $12 | 0.08% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.41% | $423 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2020 | -2.16% | -6.59% |
| 31 March 2021 | 28.39% | 35.19% |
| 31 March 2022 | 3.60% | 3.36% |
| 31 March 2023 | -4.33% | -4.50% |
| 31 March 2024 | 15.80% | 16.43% |
| 31 March 2025 | 2.82% | 4.58% |
| 31 March 2026 | 8.84% | 12.72% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Aaron Usher | Senior Manager – Investment Strategy | 3 months |
| Nic Craven | Investment Committee Member | 10 months |
| Rowan Calvert | Portfolio Manager - Global Equities | 8 years, 5 months |
| Simon O'grady | Chief Investment Officer | 6 months |
| Steffan Berridge | Senior Manager - Global Investments | 2 months |