Booster Investment Series SRI Balanced

Product Name

Booster Investment Series SRI Balanced

Issuer

Booster Investment Management

Category

Investment product

Type

Fund/Trust

Target

Retail, Wholesale

Certified Since

2015

Certification Symbol

SRI

Asset Classes

Diversified / Balanced

Markets

New Zealand

Investment Approaches

Negative Screening, ESG Integration

It Includes

  • Default selected inclusion No specific inclusions

It Excludes

  • Riaa icons 33 Fossil fuels
  • Riaa icons 35 Tobacco
  • Riaa icons 36 Armaments
  • Riaa icons 41 Alcohol
  • Riaa icons 42 Gambling

Overview

The product aims to provide savers with the opportunity to invest in a combination of income and growth assets, in order to enhance returns over the long-term through capital gains, while excluding investments which do not satisfy certain socially responsible investment criteria.


Description


Booster's investment methodology follows a strong belief that added value will mainly be derived by making appropriate top-down based economic, industry sector and sub-asset class assessments. 

Within the SRI portfolios, Booster builds on this top down process by utilising a negative screening process which avoids certain industries that overall are assessed as having a negative impact on society, 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. 

The results of this are required to be included with the recommendation made to the Investment Committee in respect of the company’s addition. Corporate actions and changes in key business direction are monitored for existing portfolio holdings, to identify any changes that might impact a company’s compliance with the SRI criteria. As part of this process, each company is required to be reviewed at least annually. Any investments that are assessed to no longer comply with the SRI policy are required to be sold within a reasonable period.

With respect to fossil fuel exclusions, managed fund investments are researched relative to this criteria; however, in some cases they may include a small allocation to fossil fuels which is subject to ongoing monitoring of suitable alternatives.

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