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Booster KiwiSaver Scheme

Socially Responsible Investment Balanced Fund

Booster Investment Management Ltd

Balanced fund type

Here's what the provider says about this fund:

The Socially Responsible Investment Balanced Fund invests in a balanced mix of income assets and growth assets. It excludes investments which do not satisfy certain socially responsible investment criteria. It is suited to investors looking for an investment that reflects their personal values, who are comfortable with a medium level of risk and are willing to accept a medium level of returns. This fund has been certified by the Responsible Investment Association Australasia (RIAA).

Considering switching to this fund? Read the must-knows of switching funds before you start the switching process.

Combined fees

This fund
1.59%
vs
Average
1.29%

The combined fees are how much you would have been charged for the year ended 31 March 2017 on the average KiwiSaver balance.

All the averages you see are for this same type of fund, so you’re comparing apples with apples.

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Combined fees include

Membership fees per year

This fund
$36.00
Average
$30.35

Here you’ll find the total breakdown of the combined fees. These don’t include other fees such as for switching or withdrawing.

+ Total fund fees

This fund
1.31%
Average
1.05%
Annual management fee
1.04%
0.88%
Performance-based fees
0.00%
0.00%
Other fees and costs
0.27%
0.18%

Your KiwiSaver money is invested by a professional fund manager, so there are always fees to pay. Fees can have a big impact on your nest egg, especially in the long run, so it pays to keep a close eye on how they add up.

Must-knows of KiwiSaver fees.

Combined fees example

On a balanced fund of $12,800 the annual fees would be approximately:

This fund
$203.68
Average
$166.40

Services

From the March 2017 KiwiSaver provider survey

This fund
83%
vs
Average
81%

We surveyed KiwiSaver providers on how many different ways they help their members with investment options, communicate with members, and the extra services they offer.

So this rating is more about the quantity than the quality of services. 

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Help with investment options

This fund
74%
Average
80%

Communications to members

90%
82%

Other services

90%
79%

Here ‘help’ means things like online forms, tools, calculators and information on how to optimise your KiwiSaver. 

More communication is not always better communication, but if the provider gives you options on how you like to be reached, that usually helps.

These extras include a range of additional services that are helpful.

Must-knows of KiwiSaver service

Returns

Since April 2012

This fund
No 5-year
data yet
vs
Average
7.72%

Warning about returns!

These show how funds have performed in the past, but that’s not a good guide to how they’ll perform in the future. Don’t switch funds based on past returns.

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Compare past returns

All returns shown are after total fund fees (not membership fees) and tax (28% PIR).

Last twelve months

This fund
5.96%
Average
5.16%

April 2015 - March 2016

4.97%
3.10%

The last twelve months refers to April 2016 to March 2017.

In general, it’s good to look at the longest possible time period when weighing returns. After all, with retirement savings, it’s the long game that counts.

Must-knows of KiwiSaver returns.

More fund details

Balanced fund type

Which is the right type for me?

What’s in this fund

At 31 March 2017

This shows the actual mix of investments that this fund held on 31 March 2017. This mix continually changes because of market swings and managers’ rebalancing, so these percentages are a snapshot. But it will give you a good idea of where your money is being invested.

How this fund invests your money

How this fund invests your money
Cash Bonds Property Shares Other
Assets 9.6 37.57 4.7 48.13 0

Fund information

Number of members
4,129
Total value of fund
$26,737,310
Date fund started
01 Jul 2014

More information

More information can be found at:

www.booster.co.nz

Top 10 investments

These assets make up 56.48% of this fund.

Top 10 investments
Kind of investment Country Percentage of the fund Name
DE 25.72 Ubs Msci World Socially Responsible Ucits Etf
AU 19.62 Vanguard International Fixed Interest Index Fund (Hedged)
Cash and cash equivalents NZ 3.14 Cash Deposit (Anz)
AU 2.38 Vanguard International Property Securities Index Fund (Hedged)
New Zealand fixed interest NZ 1.21 Asb Bank Bill 03/04/2017
New Zealand fixed interest NZ 0.97 New Zealand Government Stock 6.0% 15/05/2021
Australasian equities NZ 0.9 Auckland International Airport Limited
Australasian equities NZ 0.89 Spark New Zealand Limited
New Zealand fixed interest NZ 0.86 New Zealand Government Stock 3.0% 15/04/2020
Australasian equities NZ 0.79 Fisher & Paykel Healthcare Corporation Limited

Key personnel

Key personnel
Name Current position Time in role
David Beattie Cio And Joint Ceo, Booster Financial Services Limited 16 years, 4 months
Nic Craven Research Manager, Booster Financial Services Limited 2 years, 11 months
Allan Yeo Managing Director, Booster Financial Services Limited 18 years, 9 months
Rowan Calvert Global Strategy Analyst, Booster Financial Services Limited 6 years, 8 months
Brett Tulloch Fixed Interest Manager, Booster Financial Services Limited 0 years, 8 months