Booster Investment Management Limited
Socially Responsible Geared Growth Fund
Booster KiwiSaver SchemeAggressive
What the provider says about this fund
The Socially Responsible Geared Growth Fund is suited to investors who seek higher returns, including increased potential returns via leverage, on average over extended periods (fifteen years plus), allowing for more significant 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 use of leverage to provide increased exposure, and the application of our Responsible Investment Policy.
1-year return
9.87%
5-year return p.a.
5.59%
Total annual fee
1.46%
Fund size ($m)
167.3
Members
5,630
Inception date
30 March 2022
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
Investment mix
Growth assets
97.52%
Income assets
2.48%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 28.24% | 29.00% | 28.28% |
| Cash and equivalents | 2.48% | 1.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 64.02% | 60.00% | 59.89% |
| Listed property | 4.26% | 5.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 1.00% | 5.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 4.43% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 3.41% |
| 3 | Apple Inc | Shares | International Equities | US | 2.91% |
| 4 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 2.75% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 2.38% |
| 6 | Infratil Limited | Shares | Australasian Equities | NZ | 2.38% |
| 7 | NZ Cash (BNZ Bank Trust Account) | Cash | Cash and Cash Equivalents | NZ | 2.28% |
| 8 | Meridian Energy Limited | Shares | Australasian Equities | NZ | 1.97% |
| 9 | Amazon.Com Inc | Shares | International Equities | US | 1.95% |
| 10 | Alphabet Inc (Class C) | Shares | International Equities | US | 1.80% |
Fees
1.46% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.27% | $381 | 0.71% |
| Other fees | 0.07% | $21 | 0.08% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.46% | $438 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2023 | -5.27% | -4.50% |
| 31 March 2024 | 24.65% | 16.43% |
| 31 March 2025 | 4.15% | 4.58% |
| 31 March 2026 | 9.87% | 12.72% |
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 |
| Nic Craven | Investment Committee Member | 10 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 |