Booster Investment Scheme – Socially Responsible Balanced Fund

Product Name

Booster Investment Scheme – Socially Responsible Balanced Fund

Issuer

Booster Investment Management

Category

Investment

Type

Fund or Trust

Target

Retail

Certified Since

2015

Asset Classes

Diversified / Multi-asset

Markets

New Zealand

Investment Approaches

Negative Screening, ESG Integration

It Includes:

  • No inclusions5 No specific themes

It has some level of screening for:

  • Riaa icons 41 Alcohol
  • Riaa icons 36 Armaments
  • Riaa icons 33 Fossil fuels
  • Riaa icons 42 Gambling
  • Riaa icons 45 Genetic engineering
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

It fully excludes:

    Overview

    The fund’s objective is to provide an enhanced return over the long-term through capital gains. • It aims to achieve returns (after fees but before tax) of at least 2.5% per year above inflation over any five year period. • There will be some movements up and down in the value of the fund. • The fund invests in a more balanced mix of income assets and growth assets. It currently excludes investments in directly held companies and managed fund investments where the underlying activities are principally involved in the tobacco, alcohol, gambling, armaments, nuclear power, adult entertainment, GMO and fossil fuel industries.* • The criteria for screening out these investments may be modified over time to reflect developments in the socially responsible investment arena. * Further detail on excluded investments can be accessed by following the link in the “Socially responsible investing” section of our Approach to Responsible Investing policy, at www.booster.co.nz/responsible-investing-policy.


    Description


    At Booster, our investment approach is disciplined and engaged. We seek out opportunities where the rewards more than outweigh the risks, alongside a diversified ‘core’ investment allocation that captures the long-run growth in markets.  
     
    A carefully controlled approach to risk management aims to help us deliver consistency over the long term, while the environmental, social & governance (ESG) risks of an investment are factored into our decision-making process.
     
    Within the SRI funds, Booster utilises a negative screening process which avoids certain industries that overall are assessed as having a negative impact on society and the environment, while focusing on selecting investments that offer exposure to the key economic and sector themes identified through our top down research. The assessment of investments for compliance with this methodology and criteria is tightly integrated with broader portfolio monitoring.
     
    For more information please refer to our responsible investment policy on our website and our SRI process document.

    Other products certified by the Responsible Investment Association Australasia (RIAA)

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    Booster KiwiSaver Scheme - Socially Responsible Investment Moderate Fund

    Booster KiwiSaver Scheme – Socially Responsible Investment Balanced Fund

    Booster KiwiSaver Scheme – Socially Responsible Investment High Growth Fund

    Booster SuperScheme – Socially Responsible Balanced Portfolio

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