Booster Investment Management Limited
Growth Fund
Booster KiwiSaver SchemeGrowth
What the provider says about this fund
The Growth Fund is suited to investors who seek potentially relatively high returns on average over longer-term periods (seven years plus), allowing for short to medium term ups and downs. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets.
1-year return
7.75%
5-year return p.a.
4.64%
Total annual fee
1.35%
Fund size ($m)
758.5
Members
24,518
Inception date
28 April 2010
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
76.30%
Income assets
23.70%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 21.11% | 27.00% | 20.20% |
| Cash and equivalents | 4.07% | 2.00% | 6.14% |
| Commodities | 0.00% | 0.00% | 0.14% |
| International bonds | 9.57% | 8.00% | 8.75% |
| International shares | 49.96% | 44.00% | 51.02% |
| Listed property | 2.47% | 5.00% | 3.65% |
| New Zealand bonds | 10.06% | 10.00% | 7.35% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 2.76% | 4.00% | 0.70% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 2.25% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 2.13% |
| 3 | Vanguard ESG US Stock ETF | Fund | Fund | US | 1.87% |
| 4 | Apple Inc | Shares | International Equities | US | 1.71% |
| 5 | NZ Cash (BNZ Bank Trust Account) | Cash | Cash and Cash Equivalents | NZ | 1.64% |
| 6 | Microsoft Corporation | Shares | International Equities | US | 1.50% |
| 7 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.38% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.21% |
| 9 | Infratil Limited | Shares | Australasian Equities | NZ | 1.19% |
| 10 | Alphabet Inc (Class C) | Shares | International Equities | US | 1.15% |
Fees
1.35% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 1.20% | $360 | 0.92% |
| Other fees | 0.03% | $9 | 0.10% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.35% | $405 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2017 | 8.89% | 8.61% |
| 31 March 2018 | 6.96% | 7.38% |
| 31 March 2019 | 7.86% | 7.03% |
| 31 March 2020 | -2.14% | -3.37% |
| 31 March 2021 | 25.97% | 28.64% |
| 31 March 2022 | 3.65% | 2.17% |
| 31 March 2023 | -3.67% | -3.69% |
| 31 March 2024 | 13.34% | 14.25% |
| 31 March 2025 | 2.85% | 3.98% |
| 31 March 2026 | 7.75% | 7.60% |
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 |
| Diana Gordon | Senior Portfolio Manager – Fixed Interest | 4 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 |