Booster Moderate Fund

In their own words: "The Moderate Fund invests mainly in income assets, but includes some growth assets. It is suited to investors looking for a low to medium level of risk and are willing to accept a moderate level of returns."

At a glance:

Not Mindful
Type: Balanced fund
Past Returns: *4.53%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 1.15%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND1278
Name Booster Moderate Fund
Risk profile Balanced fund
Description The Moderate Fund invests mainly in income assets, but includes some growth assets. It is suited to investors looking for a low to medium level of risk and are willing to accept a moderate level of returns.
Value $180M NZD
Members 13,831
Market index description The market index return is based on the weighted average return of the market indices used in respect of the underlying asset classes as described in the Statement of Investment Policy and Objectives.
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Mon Oct. 1st 2007
Three-year average return *4.53%
Market index past year return 8.70%
Past year return net charges and tax 5.38%
Past year return net of charges gross of tax 7.01%
Market index return since fund started 5.58%
Return since fund started net 4.23%
Total annual fund fees 1.15%
Total performance based fees 0.02%
Manager's basic fee 1.06%
Administration charges 0.07%
Total other charges 36.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 5.68% 5.24%
2018 5.63% 3.81%
2017 6.10% 4.23%
2016 4.01% 2.85%
2015 11.09% 7.73%
2014 7.28% 1.79%
2013 10.75% 6.19%
2012 1.75% 3.19%
2011 5.30% 3.89%
2010 16.19% 11.98%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Vanguard Ethically Conscious Gbl Agg Bond Index Fund NZD Hgd
    Australia Fund
    16.28%
  • Vanguard Int'L Shares Select Exclusions Fund - NZD Hgd
    Australia Fund
    9.48%
  • Vanguard Int'L Fixed Interest Index Fund (AUD Hgd)
    Australia Fund
    5.13%
  • Vanguard Int'L Credit Sec. Index Fund (AUD Hgd)
    Australia Fund
    3.45%
  • NZ Govt Stock 6.0% 15/05/2021
    New Zealand NZ Fixed Interest AA+
    2.39%
  • New Zealand Government Stock 3.0% 20/04/2029
    New Zealand NZ Fixed Interest AA+
    1.83%
  • ANZ Bank - Td 17 Dec 2019 @ 2.600%
    New Zealand Cash and Equivalents AA-
    1.76%
  • NZ Govt Stock 4.5% 15/04/2027
    New Zealand NZ Fixed Interest AA+
    1.69%
  • Vanguard Emerging Markets Share Index Fund
    Australia Fund
    1.57%
  • Vanguard Int'L Prop Sec. Index Fund (AUD Hgd)
    Australia Fund
    1.41%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 15.0% 17.85%
New Zealand Fixed Interest 30.0% 22.85%
International Fixed Interest 20.0% 24.64%
Australasian Equities 12.0% 12.46%
International Equities 19.0% 17.24%
Listed Properties 4.0% 2.82%
Unlisted Properties 0.0% 2.14%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Aaron Usher

    Currently: Portfolio Manager - Australasian Equities, Booster Financial Services Limited (1 years, 11 months)
    Previously: Equity Analyst, Booster Financial Services Limited (5 years, 9 months)

  • Allan Yeo

    Currently: Managing Director, Booster Financial Services Limited (21 years, 4 months)
    Previously: Associate Director, Barclays Bank plc (2 years, 0 months)

  • Bhanu Singh

    Currently: Director and Head of Asia Pacific Portfolio Management, Dimensional Fund Advisors (4 years, 1 months)
    Previously: Portfolio Manager, Dimensional Fund Advisors (5 years, 3 months)

  • David Beattie

    Currently: Principal, Booster Financial Services Limited (1 years, 4 months)
    Previously: CIO, Booster Financial Services Limited (17 years, 6 months)

  • Don Stewart

    Currently: Executive Director, Stewart Financial Group Limited (32 years, 9 months)
    Previously: Financial Adviser, National Mutual Limited (13 years, 8 months)

  • Jed Fogdall

    Currently: Head of Global Portfolio Management and Chair of the Investment Committee (0 years, 7 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Joseph Chi

    Currently: Ex officio member of the Investment Committee (0 years, 7 months)
    Previously: Co-Head of Portfolio Management and Vice President, Dimensional Fund Advisors (7 years, 9 months)

  • Nic Craven

    Currently: Senior Manager - Research, Booster Financial Services Limited (1 years, 4 months)
    Previously: Research Manager, Booster Financial Services Limited (4 years, 2 months)

  • Nicholas Stewart

    Currently: Executive Director, Stewart Financial Group Limited (17 years, 4 months)
    Previously: Wealth Manager, Stewart Financial Group Limited (1 years, 9 months)

  • Rowan Calvert

    Currently: Portfolio Manager - Global Equities, Booster Financial Services Limited (1 years, 11 months)
    Previously: Senior Equity Analyst, Booster Financial Services Limited (7 years, 4 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.54%
  • Animal Testing:
    1.45%
  • Fossil Fuels:
    1.46%
  • Gambling:
    0.36%
  • GMOs:
    0.21%
  • Human Rights & Environmental Violations:
    0.73%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.03%
  • Weapons:
    0.09%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

Total Sa 0.03%
BHP Group Limited 0.15%
BHP Billiton Adr 0.09%
Equinor Asa 0.07%
Woodside Petroleum Limited 0.06%
Origin Energy Limited 0.03%
Apa Group 0.02%
Exxon Mobil Corp. 0.07%
Chevron Corp. 0.05%
Bp Plc 0.03%
Royal Dutch Shell Plc Class A 0.03%
Nextera Energy Inc. 0.03%
Royal Dutch Shell Plc Class B 0.03%
Enbridge Inc. 0.02%
Dominion Energy Inc. 0.02%
Conocophillips 0.01%
Phillips 66 0.01%
Suncor Energy Inc. 0.01%
BHP Group Plc 0.01%
Reliance Industries Ltd. 0.02%
Gazprom Pjsc 0.01%

Weapons

Raytheon Co. 0.01%
Safran Sa 0.01%

Tobacco

Gambling

Sky City Entertainment Group Ltd 0.27%
Aristocrat Leisure Limited 0.02%
Tabcorp Holdings Ltd 0.02%

Alcohol

Waimea Estates (Nelson) Limited 0.27%
Lvmh Moet Hennessy Louis Vuitton Sa 0.09%
Lvmh Moet Hennessy Louis Vuitton Se 0.03%
Diageo Plc 0.02%
Anheuser-Busch Inbev Sa/Nv 0.01%

Palm Oil

GMOs

Novartis Ag 0.04%
Bayer Ag 0.02%
Basf Se 0.02%
Dupont De Nemours Inc. 0.01%

Human Rights & Environmental Violations

BHP Group Limited 0.15%
BHP Billiton Adr 0.09%
Johnson & Johnson 0.08%
Nestle Sa 0.08%
Royal Dutch Shell Plc Class A 0.03%
Royal Dutch Shell Plc Class B 0.03%
Duke Energy Corp. 0.02%
BHP Group Plc 0.01%
Sempra Energy 0.01%
Vale Sa 0.01%

Animal Testing

Givaudan Sa 0.120%
Lvmh Moet Hennessy Louis Vuitton Sa 0.090%
Johnson & Johnson 0.084%
L'Oreal Sa 0.011%
Unilever Nv-Cva 0.060%
Nestle Sa 0.078%
Procter & Gamble Co. 0.074%
Coca-Cola Co. 0.052%
Pepsico Inc. 0.046%
Royal Dutch Shell Plc Class A 0.029%
Lvmh Moet Hennessy Louis Vuitton Se 0.028%
Glaxosmithkline Plc 0.028%
Royal Dutch Shell Plc Class B 0.027%
Unilever Nv 0.021%
Bayer Ag 0.017%
Basf Se 0.016%
Unilever Plc 0.016%
Reckitt Benckiser Group Plc 0.013%
Colgate-Palmolive Co. 0.013%
Danone Sa 0.012%
Ecolab Inc. 0.011%
Kimberly-Clark Corp. 0.011%
Air Products & Chemicals Inc. 0.011%

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.