Booster Investment Management Limited
Socially Responsible Growth Fund
Booster KiwiSaver SchemeGrowth
What the provider says about this fund
The Socially Responsible 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, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets, and the application of our Responsible Investment Policy.
1-year return
7.12%
5-year return p.a.
4.78%
Total annual fee
1.34%
Fund size ($m)
123.5
Members
3,734
Inception date
30 March 2022
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
Investment mix
Growth assets
76.02%
Income assets
23.98%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 20.04% | 25.00% | 20.20% |
| Cash and equivalents | 6.60% | 2.00% | 6.14% |
| Commodities | 0.00% | 0.00% | 0.14% |
| International bonds | 9.57% | 8.00% | 8.75% |
| International shares | 51.56% | 46.00% | 51.02% |
| Listed property | 3.26% | 5.00% | 3.65% |
| New Zealand bonds | 7.81% | 10.00% | 7.35% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 1.16% | 4.00% | 0.70% |
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 | 3.00% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 2.62% |
| 3 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 2.53% |
| 4 | Apple Inc | Shares | International Equities | US | 2.24% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 1.83% |
| 6 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.57% |
| 7 | Amazon.Com Inc | Shares | International Equities | US | 1.50% |
| 8 | Alphabet Inc (Class C) | Shares | International Equities | US | 1.38% |
| 9 | Infratil Limited | Shares | Australasian Equities | NZ | 1.36% |
| 10 | Meridian Energy Limited | Shares | Australasian Equities | NZ | 1.12% |
Fees
1.34% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 1.17% | $351 | 0.92% |
| Other fees | 0.05% | $15 | 0.10% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.34% | $402 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2023 | -3.05% | -3.69% |
| 31 March 2024 | 16.04% | 14.25% |
| 31 March 2025 | 3.84% | 3.98% |
| 31 March 2026 | 7.12% | 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 |