Booster Investment Management Limited
Socially Responsible Moderate Fund
Booster KiwiSaver SchemeConservative
What the provider says about this fund
The Socially Responsible Moderate Fund is suited to investors who seek moderate returns on average over medium term periods (three years plus), allowing for some shorter-term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing mainly in income assets, while including a moderate allocation of growth assets, and the application of our Responsible Investment Policy.
1-year return
4.02%
5-year return p.a.
2.34%
Total annual fee
1.21%
Fund size ($m)
80.7
Members
3,243
Inception date
24 March 2020
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
Investment mix
Growth assets
32.37%
Income assets
67.63%
| Asset class | Actual | Target | Average for Conservative funds |
|---|---|---|---|
| Australasian shares | 8.89% | 13.00% | 5.79% |
| Cash and equivalents | 16.76% | 20.00% | 20.22% |
| Commodities | 0.00% | 0.00% | 0.07% |
| International bonds | 26.77% | 17.00% | 27.47% |
| International shares | 21.22% | 21.00% | 14.45% |
| Listed property | 1.21% | 3.50% | 1.47% |
| New Zealand bonds | 24.10% | 23.00% | 29.28% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 1.05% | 2.50% | 0.49% |
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 | 5.17% |
| 2 | NZ Govt Stock 4.5% 15/04/2027 | Bonds | New Zealand Fixed Interest | NZ | 2.13% |
| 3 | NZ Govt Stock 3.50% 14/04/2033 | Bonds | New Zealand Fixed Interest | NZ | 1.45% |
| 4 | NZ Govt Stock 0.50% 15/05/2026 | Bonds | New Zealand Fixed Interest | NZ | 1.41% |
| 5 | Infratil Infrastructure Bonds 7.06% 17/12/2031 | Bonds | New Zealand Fixed Interest | NZ | 1.27% |
| 6 | NZ Govt Stock Green 4.25% 15/05/2034 | Bonds | New Zealand Fixed Interest | NZ | 1.24% |
| 7 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 1.14% |
| 8 | BNZ Bank Bill 28/04/2026 | Bonds | New Zealand Fixed Interest | NZ | 1.12% |
| 9 | NVIDIA Corp | Shares | International Equities | US | 1.08% |
| 10 | Secured Loan to Booster KiwiSaver Scheme SR Geared Growth Fund | Bonds | New Zealand Fixed Interest | NZ | 1.07% |
Fees
1.21% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Conservative funds |
|---|---|---|---|
| Management fees | 1.07% | $321 | 0.70% |
| Other fees | 0.02% | $6 | 0.11% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.21% | $363 | 0.86% |
Yearly returns
| Year ending | Fund return | Average for Conservative funds |
|---|---|---|
| 31 March 2021 | 9.76% | 8.66% |
| 31 March 2022 | -0.17% | -0.64% |
| 31 March 2023 | -2.60% | -1.65% |
| 31 March 2024 | 7.42% | 6.61% |
| 31 March 2025 | 3.31% | 3.59% |
| 31 March 2026 | 4.02% | 3.96% |
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 |