Booster Investment Management Limited

Socially Responsible High Growth Fund

Booster KiwiSaver SchemeAggressive

What the provider says about this fund

The Socially Responsible High Growth Fund is suited to investors who seek potentially higher returns on average over long term periods (ten years plus), allowing for short to medium term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing predominantly in growth assets, with little or no allocation to income assets, and the application of our Responsible Investment Policy.

1-year return

8.74%

5-year return p.a.

6.76%

Total annual fee

1.35%

Fund size ($m)

872.7

Members

20,271

Inception date

21 May 2010

Risk indicator

The official Smart Investor risk indicator uses a scale from 1 to 7.

1
2
3
4
5
6
7
Lower riskHigher risk

Investment mix

Growth assets

94.20%

Income assets

5.80%

Asset classActualTargetAverage for Aggressive funds
Australasian shares23.68%29.00%28.28%
Cash and equivalents3.65%1.00%1.31%
Commodities0.00%0.00%0.09%
International shares65.87%60.00%59.89%
Listed property2.61%5.00%8.08%
Unknown0.00%0.00%0.00%
Unlisted property2.04%5.00%0.17%

Top 10 holdings

RankAssetAsset classAsset typeCountry% of fund
1NVIDIA CorpSharesInternational EquitiesUS3.36%
2Fisher & Paykel Healthcare Corporation LimitedSharesAustralasian EquitiesNZ3.23%
3Apple IncSharesInternational EquitiesUS2.87%
4Microsoft CorporationSharesInternational EquitiesUS2.34%
5NZ Cash (BNZ Bank Trust Account)CashCash and Cash EquivalentsNZ2.02%
6Auckland International Airport LimitedSharesAustralasian EquitiesNZ2.00%
7Amazon.Com IncSharesInternational EquitiesUS1.92%
8Alphabet Inc (Class C)SharesInternational EquitiesUS1.77%
9Infratil LimitedSharesAustralasian EquitiesNZ1.74%
10Meridian Energy LimitedSharesAustralasian EquitiesNZ1.43%

Fees

1.35% total annual fee

Fee typeFeeCost per year on a $30,000 balanceAverage for Aggressive funds
Management fees1.17%$3510.71%
Other fees0.06%$180.08%
Performance fees0.00%$00.00%
Membership fees0.12%$360.05%
Total combined fees1.35%$4050.85%

Yearly returns

Year endingFund returnAverage for Aggressive funds
31 March 20178.86%11.18%
31 March 20187.95%6.93%
31 March 20198.90%9.96%
31 March 20202.09%-6.59%
31 March 202130.79%35.19%
31 March 20224.65%3.36%
31 March 2023-2.76%-4.50%
31 March 202420.15%16.43%
31 March 20254.29%4.58%
31 March 20268.74%12.72%

Key personnel

NamePositionTime in role
Aaron UsherSenior Manager – Investment Strategy3 months
Nic CravenInvestment Committee Member10 months
Rowan CalvertPortfolio Manager - Global Equities8 years, 5 months
Simon O'gradyChief Investment Officer6 months
Steffan BerridgeSenior Manager - Global Investments2 months