Booster Kiwisaver Scheme
Socially Responsible Growth Fund
The Smiths take
Socially Responsible Growth Fund Smiths Rating B
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
Smiths reviews this fund against every other growth option in NZ on net-of-fees returns, total fees, and band fit. The full Sorted snapshot is below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Socially Responsible Growth Fund fits your situation.
A 7+ years timeframe
This is a growth KiwiSaver fund. The provider's recommended minimum holding period sits in the 7+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.
Mostly growth assets
77% growth assets (shares, property) and 23% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
77.02% / 22.98%
Growth / Income · avg 77.80% / 22.20%
Fees
1.34%
$402 on $30k · avg 1.62%
What the provider says
In their own words
“The Socially Responsible Growth Fund is suited to investors who seek potentially relatively high returns on average over longer term periods (seven years plus), allowing for short to medium term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets, and the application of our Responsible Investment Policy.”
- Fund start date
- 30 March 2022
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 77.02% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
72.47%
avg 71.16%
- Propertythis fundavg
4.55%
avg 4.53%
- Otherthis fundavg
0.00%
avg 2.11%
- Bondsthis fundavg
17.53%
avg 17.08%
- Cashthis fundavg
5.45%
avg 5.12%
What it owns
Top 10 holdings. 18.37% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Nvidia Corp
Shares
International EquitiesUS2.50%Fisher & Paykel Healthcare Corporation Limited
Shares
Australasian EquitiesNZ2.46%Apple Inc
Shares
International EquitiesUS2.29%Microsoft Corporation
Shares
International EquitiesUS2.24%Nz Cash (Bnz Bank Trust Account)
Cash
Cash and Cash EquivalentsNZ2.01%Auckland International Airport Limited
Shares
Australasian EquitiesNZ1.63%Amazon.Com Inc
Shares
International EquitiesUS1.52%Alphabet Inc (Class C)
Shares
International EquitiesUS1.48%Infratil Limited
Shares
Australasian EquitiesNZ1.27%Mercury Nz Limited
Shares
Australasian EquitiesNZ0.97%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
1.17%
avg 0.90%
$351
avg $271
+0.27%Other
Other potential costs not in the categories below.
72.47%
avg 71.16%
-
avg -
+1.31%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg 0.00%
$0
avg $0
0.00%Membership
A flat annual fee, regardless of balance or performance.
0.12%
avg 0.05%
$36
avg $15
+0.07%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.34%
avg 1.62%
$402
avg $486
Yearly returns
3 years on the books
This fund hasn't had a full five-year history yet. Below is the year-by-year story so far, with the group average alongside.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 4 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $122,253,006
- Members
- 3,562
- Asset liquidity ratio
- 98.74%
- Debt ratio
- 0.36%
- Default KiwiSaver fund
- Yes
- Fund reference
- FND37522
Manager
Booster Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429037597320
- FSP number
- FSP28142
Smiths Health Check
Is the Socially Responsible Growth Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just booster.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →