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).
The combined fees are how much you would have been charged for the year ended 30 June 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.
Combined fees include
Membership fees per year
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
Annual management fee
Other fees and costs
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.
Combined fees example
On a balanced fund of $12,700 the annual fees would be approximately:
From the June 2017 KiwiSaver provider survey
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.
Help with investment options
Communications to members
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.
Since April 2012
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.
Compare past returns
Last twelve months
April 2016 - March 2017
April 2015 - March 2016
The last twelve months refers to July 2016 to June 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.
More fund details
What’s in this fund
At 30 June 2017
This shows the actual mix of investments that this fund held on 30 June 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
- Number of members
- Total value of fund
- Date fund started
- 01 Jul 2014
More information can be found at:
Top 10 investments
These assets make up 56.9% of this fund.
|Kind of investment||Country||Percentage of the fund||Name|
|DE||25.58||Ubs Msci World Socially Responsible Ucits Etf|
|AU||19.76||Vanguard International Fixed Interest Index Fund (Hedged)|
|Cash and cash equivalents||NZ||2.83||Cash Deposit (Anz)|
|AU||2.2||Vanguard International Property Securities Index Fund (Hedged)|
|Australasian equities||NZ||1.25||Spark New Zealand Limited|
|Australasian equities||NZ||1.19||Auckland International Airport Limited|
|Australasian equities||NZ||1.12||Fisher & Paykel Healthcare Corporation Limited|
|Australasian equities||NZ||1.01||Fletcher Building Limited|
|New Zealand fixed interest||NZ||1.01||New Zealand Government Stock 6.0% 15/05/2021|
|New Zealand fixed interest||NZ||0.95||New Zealand Government Stock 4.5% 15/04/2027|
|Name||Current position||Time in role|
|David Beattie||Cio And Joint Ceo, Booster Financial Services Limited||16 years, 7 months|
|Nic Craven||Research Manager, Booster Financial Services Limited||3 years, 2 months|
|Allan Yeo||Managing Director, Booster Financial Services Limited||19 years, 1 months|
|Rowan Calvert||Global Strategy Analyst, Booster Financial Services Limited||7 years, 0 months|
|Brett Tulloch||Fixed Interest Manager, Booster Financial Services Limited||0 years, 11 months|