Booster KiwiSaver Scheme
Socially Responsible High Growth Fund
Recent material changes
Diffs we track across PDS, SIPO, holdings + fee history
- View PDS history →PDSMAJORJun 2025Management fee: 1.00 → —Changed in PDS issued Jun 2025
Overview
About this aggressive fund
The Socially Responsible High Growth Fund sits within the Booster KiwiSaver Scheme as an aggressive option. It holds 94% in growth assets and 6% in income assets, positioning it toward the higher end of growth-focused KiwiSaver scheme funds. This allocation reflects an objective to pursue capital growth over the medium to long term, with a risk indicator of 5 on the FMA's 1–7 scale.
Over the five years to 31 March 2026, this KiwiSaver scheme fund delivered an average annual return of 8.85%. The annual fee is 1.35%, which sits above the peer median of 0.85% for aggressive-category funds. The fund holds NZD $904.1 million across 19,952 members. Past performance is not a reliable indicator of future returns.
A risk indicator of 5 out of 7 typically suits members with a longer investment horizon who can tolerate significant year-to-year fluctuations in value. The aggressive asset mix means this KiwiSaver scheme fund experiences greater volatility than balanced or conservative options. Members should ensure their overall financial circumstances and KiwiSaver goals align with this volatility profile before investing.
Holdings
As of 2026-03-31 Socially Responsible High Growth Fund reports an asset mix of 94% growth assets (shares, listed property, alternatives) and 6% income assets (cash, bonds, fixed interest). This split is typical for a aggressive fund. The full asset-mix breakdown including overseas vs domestic and listed vs unlisted exposure appears in the asset-allocation chart below.
Performance
Socially Responsible High Growth Fund has 2 quarters of QFU data on file (2025-03-31 to 2026-03-31). The 5-year average annual return reported in the most recent QFU is 8.85%. Past performance is not a reliable indicator of future returns.
Fees
At 1.35% in annual charges, Socially Responsible High Growth Fund's fee sits 0.50 percentage points above the median for Aggressive KiwiSaver scheme funds in our coverage (median 0.85%). 110 of the 128 funds in this cohort charge a lower annual fee (this fund ranks 111 cheapest of 128). Fee level is a mechanical signal — does not factor in returns, risk, or manager skill.
Risk and suitability
Socially Responsible High Growth Fund carries a risk indicator of 5/7 on the FMA risk scale. Risk indicator 5-6 funds are typically considered for members with a long investment horizon (10+ years) who can tolerate larger short-term value swings in exchange for higher long-term return potential. FundCompare does not provide personalised advice; consult a licensed financial adviser to understand whether this risk profile fits your circumstances.
Snapshot
8.85% a year over five years, at a 1.35% annual fee
Five-year return
8.85%
Five Year Average Return
Returns (green) show the fund’s growth over the five years to 31 March 2026, after fees and taxes. Compare these results with the average Aggressive KiwiSaver scheme fund (light green).
8.85% for this fund — category median 6.41% across 89 Aggressive KiwiSaver scheme funds at 31 March 2026. This fund ranks 20 of 89 (79th percentile) by five-year after-fee return.
Past performance is not an indicator of future performance.
Annual fee
1.35%
One Year Average Fees
Fees shown here (blue) represent what you would pay over a year if you had $30,000 invested in this fund. Compare them with the average fees for Aggressive KiwiSaver scheme funds (light blue).
Growth / income split
The fund’s mix of growth assets (shares, property) and income assets (bonds, cash) as of 31 March 2026. The average mix for aggressive KiwiSaver scheme funds is shown in light blue.
In the provider’s words
What the provider says about this fund
Here’s the provider’s overview of the managed fund:
“The Socially Responsible High Growth Fund is suited to investors who seek potentially higher returns on average over long term periods (ten 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 predominantly in growth assets, with little or no allocation to income assets, and the application of our Responsible Investment Policy.”
When can I get my money out?
This is a fund within a KiwiSaver scheme, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.
Asset mix
94% growth assets, 6% income assets
This fund's asset mix
Average for aggressive funds
Your investment mix shapes your outcome
The balance of assets you choose — your asset allocation, has the biggest impact on how your investments perform and how much their value may rise or fall along the way. Selecting that balance is crucial. By adjusting the proportion of growth-oriented investments you include, you’re effectively setting your preferred level of risk. Generally, taking on more risk can increase the potential for higher returns, but there’s never a guarantee — that’s the nature of risk. To find an allocation suited to your personal circumstances (sometimes called your risk profile), you can start with an investor risk questionnaire or a KiwiSaver-specific guide.
Largest holdings · 7 September 2025
Top 10 holdings — 22.03% of this fund
These assets make up 22.03% of this fund as at 7 September 2025.
These are the most recent holdings held for this fund, and they predate the 31 March 2026 figures shown elsewhere on this page. Holdings are captured from the fund’s quarterly updates, which do not always carry a readable holdings table, so a fund can be current on fees and returns while its holdings list is older.
| Asset | Asset Class | Type | Country | % of Fund | |
|---|---|---|---|---|---|
 | MICROSOFT CORPORATION | Shares | International equities | US | 3.24% |
 | FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED | Shares | Australasian equities | NZ | 3.04% |
 | NVIDIA CORP | Shares | International equities | US | 2.93% |
 | APPLE INC | Shares | International equities | US | 2.56% |
 | AMAZON.COM INC | Shares | International equities | US | 2.04% |
 | AUCKLAND INTERNATIONAL AIRPORT LIMITED | Shares | Australasian equities | NZ | 1.97% |
 | NZ CASH (BNZ BANK TRUST ACCOUNT) | Cash | Cash and equivalents | NZ | 1.96% |
 | INFRATIL LIMITED | Shares | Australasian equities | NZ | 1.54% |
 | META PLATFORMS INC | Shares | International equities | US | 1.46% |
 | ALPHABET INC (CLASS C) | Shares | International equities | US | 1.29% |
Fees in context
How this fee compares with the category
1.35%
This Fund
0.88%
Average Aggressive KiwiSaver scheme funds
The blue segment shows the annual fees you’d pay if you invested $30,000 in this fund. The grey segment represents the typical yearly fees for an average Aggressive KiwiSaver scheme fund, so you can compare them directly.
Smaller Fees, Bigger Potential
When it comes to investing, spending more doesn’t automatically lead to stronger results. In fact, higher fund fees can often eat into your returns. Remember, what you keep is calculated after fees and taxes are deducted. Because no one can predict how any fund will perform, it’s generally wise to look for options with lower costs whenever you can.
Fee breakdown
What makes up the 1.35% annual charge
| Fee Type | % Over a year | Amount paid on a 30k balance |
|---|---|---|
| Management This fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance. | 1.17% Average: 0.76% | $351.00 Average: $229.38 |
| Other This is a summary of other potential costs not covered in the categories displayed. | 0.06% Average: 0.08% | $18.00 Average: $23.73 |
| Performance-based These fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. | 0.00% Average: 0.00% | $0.00 Average: $0.00 |
| Membership You pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. | 0.12% Average: 0.06% | $36.00 Average: $17.47 |
| Total combined fees These are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing. | 1.35% Average: 0.90% | $405.00 Average: $270.57 |
Returns in context
How the five-year return compares with the category
8.85%
This Fund
5.26%
Average Aggressive KiwiSaver scheme funds
Over the past five years, this fund delivered the average annual return shown here (in green) to investors, after fees and taxes (28% PIR) were applied. For comparison, the average return over the same period for all Aggressive KiwiSaver scheme funds is shown in grey.
Returns: Reflecting the Past
Investing is about seeking returns, but the figures shown here represent historical performance—they cannot be relied upon to continue in the future. Selecting a fund solely based on past performance is not advisable. A well-informed decision should consider factors such as an appropriate investment mix for your goals and reasonable fees.
Risk
Risk indicator: 5 of 7
Risk indicator
This indicator reflects how much the investment’s value has fluctuated over time. It is calculated from the fund’s five-year performance, or from a comparable market index if the fund has a shorter history.
Fund details
The numbers that don’t make headlines
Manager information
| Name | BOOSTER INVESTMENT MANAGEMENT LIMITED |
| Type | NZ Limited Company |
| Website | |
| NZBN | 9429037597320 |
| FSP Number | FSP28142 |
Fund information
| Asset liquidity ratio | 97.61% |
| Total value of fund | $904,103,242 |
| Debt ratio | 0.21% |
Fee + return history
View detailed history →Quarterly fees and after-tax returns recorded against this fund since inception. Sourced from FMA Disclose Quarterly Fund Updates. The detailed view shows the full chart + per-quarter data table.
PDS changes
View detailed PDS history →Material changes to the Product Disclosure Statement over time — fee adjustments, asset-allocation shifts, scheme-rule amendments. Diff against the previous PDS shown side-by-side in the detailed view.
Holdings changes
View detailed holdings diff →Top-10-holdings additions, removals, and weight changes across quarters. Shows the manager's actual portfolio decisions over time, sourced from the fund's Quarterly Fund Update.
SIPO changes
View detailed SIPO history →Statement of Investment Policy and Objectives revisions — investment objective rewrites, asset-class target shifts, ESG policy changes, derivatives policy changes. The detailed view diffs against prior SIPO versions.
AI · API · Markdown
Machine-readable surfaceEvery fund page on FundCompare ships with structured JSON and a plain-markdown summary alongside the HTML — so LLMs, MCP clients, and analysts can cite the same regulator-sourced data the page renders. Source documents come from FMA Disclose, IRD, and Sorted Fund Finder.
Identifiers
- FMA fund code
- FND1288
- FSP number
- FSP28142
- NZBN
- 9429037597320
- Provider
- Booster
- Scheme
- Booster KiwiSaver Scheme
Endpoints for Socially Responsible High Growth Fund
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Quick examples
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curl -s "https://fundcompare.co.nz/api/fund/booster/socially-responsible-high-growth-fund/facts.json" | jq .Python
import requests
data = requests.get("https://fundcompare.co.nz/api/fund/booster/socially-responsible-high-growth-fund/facts.json").json()
print(data["fund_name" if "fund" == "fund" else "name"])MCP (Claude Desktop / ChatGPT)
# Claude Code (CLI):
claude mcp add --transport http fundcompare https://fundcompare.co.nz/mcp
# Cursor / Cline / Continue (settings JSON):
{ "mcpServers": { "fundcompare": { "url": "https://fundcompare.co.nz/mcp" } } }
# Claude Desktop (UI): Settings → Connectors → Add custom connector
# URL: https://fundcompare.co.nz/mcp
# Claude Desktop via JSON (uses npx mcp-remote bridge):
{ "mcpServers": { "fundcompare": {
"command": "npx", "args": ["-y", "mcp-remote", "https://fundcompare.co.nz/mcp"]
} } }
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The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider.
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