Booster Investment Management Limited
Socially Responsible Balanced Fund
Booster KiwiSaver SchemeBalanced
What the provider says about this fund
The Socially Responsible Balanced Fund is suited to investors who seek a medium level of returns on average over medium term periods (five years plus), allowing for shorter-term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing in a mix of income and growth assets, and the application of our Responsible Investment Policy.
1-year return
5.69%
5-year return p.a.
4.00%
Total annual fee
1.33%
Fund size ($m)
427.3
Members
11,977
Inception date
1 July 2014
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
56.74%
Income assets
43.26%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 15.21% | 19.00% | 13.93% |
| Cash and equivalents | 9.72% | 2.00% | 7.91% |
| Commodities | 0.00% | 0.00% | 0.17% |
| International bonds | 18.25% | 19.00% | 19.39% |
| International shares | 38.22% | 34.00% | 35.53% |
| Listed property | 1.75% | 4.00% | 2.24% |
| New Zealand bonds | 15.29% | 19.00% | 18.91% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 1.56% | 3.00% | 0.46% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | NZ Cash (BNZ Bank Trust Account) | Cash | Cash and Cash Equivalents | NZ | 3.41% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 1.95% |
| 3 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 1.90% |
| 4 | Apple Inc | Shares | International Equities | US | 1.67% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 1.36% |
| 6 | NZ Govt Stock 4.5% 15/04/2027 | Bonds | New Zealand Fixed Interest | NZ | 1.35% |
| 7 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.18% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.12% |
| 9 | Alphabet Inc (Class C) | Shares | International Equities | US | 1.03% |
| 10 | Infratil Limited | Shares | Australasian Equities | NZ | 1.02% |
Fees
1.33% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 1.17% | $351 | 0.77% |
| Other fees | 0.04% | $12 | 0.09% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.33% | $399 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2017 | 5.96% | 6.00% |
| 31 March 2018 | 5.45% | 5.23% |
| 31 March 2019 | 7.01% | 5.82% |
| 31 March 2020 | 2.32% | -1.40% |
| 31 March 2021 | 18.56% | 18.18% |
| 31 March 2022 | 2.05% | 0.77% |
| 31 March 2023 | -3.05% | -2.77% |
| 31 March 2024 | 12.29% | 10.89% |
| 31 March 2025 | 3.62% | 4.36% |
| 31 March 2026 | 5.69% | 6.36% |
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 |