Using the most recent returns and fund update reports from 31 March 2023, we will examine Booster’s recent KiwiSaver performance.
Booster is a New Zealand-owned and operated financial services company. Since 1998, Booster has been committed to creating a better way for individuals to save. They believe in growing Kiwi´s financial confidence along with their money. Their mission is to help New Zealanders become money-smart. they provide High-quality personal advice to investors big and small.
Table of Contents
Performance of Booster KiwiSaver Funds
News about Booster
In recent news (May, 2023), The Booster Innovation Fund has joined with another innovative Kiwi company, Upstream Medical, to bring exciting opportunities. Upstream Medical has created a novel biomarker diagnostic test that aims to effectively help to mitigate the risk of an impending heart attack for individuals experiencing chest pain or unstable angina. According to Booster, investing in Kiwi companies not only support local job creation and stimulates the economy but also helps preserve valuable intellectual property. Investing in these companies generates attractive returns for investors.
Performance of Booster KiwiSaver Funds
|
3 months |
1 year |
3 years |
5 years |
10 years |
|
|
Conservative |
3.43% |
-1.87% |
1.58% |
2.57% |
N/A |
|
Moderate |
3.43% |
-2.19% |
2.72% |
3.22% |
4.10% |
|
Balanced |
1.85% |
-2.83% |
6.04% |
5.10% |
6.03% |
|
Growth |
5.45% |
-3.02% |
8.63% |
6.66% |
7.47% |
|
High Growth |
6.20% |
-3.04% |
10.66% |
7.47% |
8.47% |
Sourced From Booster Fund Performance ReportÂ
These returns are to 31 March 2023 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from Booster Quarterly Fund published on 3 May 2023.
Booster Conservative Fund
Booster Conservative Fund aims to achieve a modest level of returns for investors with low volatility tolerance minimising risk. It invests mainly in income assets, but also incorporates a selection of some growth assets. Booster Conservative Fund has a 3-month return of 3.43%, a 1-year return of -1.87%, and 5 years return of 2.57%.
The following is sourced from Booster Conservative Fund Update
Returns
Fees
The total annual fees for investors in the Booster Conservative Fund are 0.38%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Booster´s top 10 investments in the Conservative KiwiSaver Fund, which make up 64.09% of the fund.
Booster Moderate Fund
Booster Moderate Fund aims to achieve a low to medium level of risk for investors who are willing to accept a moderate level of return. It invests mainly in income assets but also incorporates a small selection of growth assets. Booster Moderate Fund has a 3-month return of 3.43%, a 1-year return of -2.19%, and 5 years return of 3.22%.
The following is sourced from Booster Moderate Fund Update
Returns
Fees
The total annual fees for investors in the Booster Moderate Fund are 1.08%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Booster´s top 10 investments in the Moderate KiwiSaver Fund, which make up 48.26% of the fund.
Booster Balanced Fund
Booster Balanced Fund aims to achieve a medium level of risk for investors who are willing to accept a medium level of return. It invests mainly in a balanced mix of income assets and growth assets. Booster Balanced Fund has a 3-month return of 1.85%, a 1-year return of -2.83%, and 5 years return of 5.10%.
The following is sourced from Booster Balanced Fund Update
Returns
Fees
The total annual fees for investors in the Booster Balanced Fund are 1.19%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Booster´s top 10 investments in the Balanced KiwiSaver Fund, which make up 48.92% of the fund.
Booster Growth Fund
Booster Growth Fund aims to achieve a medium to a high level of risk for investors who are comfortable accepting a relatively higher level of returns. It invests mainly in growth assets, but also incorporates a selection of some income assets. Booster Growth Fund has a 3-month return of 5.45%, a 1-year return of -3.02%, and 5 years return of 6.66%.
The following is sourced from Booster Growth Fund Update
Returns
Fees
The total annual fees for investors in the Booster Growth Fund are 1.23%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Booster´s top 10 investments in the Growth KiwiSaver Fund, which make up 49.82% of the fund.
Booster High Growth Fund
Booster High Growth Fund aims to achieve a high level of risk for investors who are comfortable accepting a potentially higher level of returns. It invests mainly in growth assets, with little or no income assets. Booster High Growth Fund has a 3-month return of 6.20%, 1-year return of -3.04%, and 5 years return of 7.47%.
The following is sourced from Booster High Growth Fund Update
Returns
Fees
The total annual fees for investors in the Booster High Growth Fund are 1.29%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Booster´s top 10 investments in the High Growth KiwiSaver Fund, which make up 54.35%% of the fund.
Data for Booster KiwiSaver funds have been sourced from Booster KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if Booster has the appropriate fund that aligns with your value, retirement goals, and situation, complete National Capital’s KiwiSaver HealthCheck.