Booster Socially Responsible Balanced Fund
Managed by Booster PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
1.33%
vs peer avg 0.91%
Risk indicator
4/7
1 = lower risk · 7 = higher risk
5-year return p.a.
4.00%
peer avg 3.87%
Fund size
NZ$427.3m
54% growth · 46% income
The Socially Responsible Balanced Fund is suited to investors who seek a medium level of returns on average over medium term periods (five years plus), allowing for shorter-term ups and downs, whilst excluding investments which do not satisfy certain socially responsible investment criteria. We aim to achieve this by investing in a mix of income and growth assets, and the application of our Responsible Investment Policy.
Key facts
Fund start date
1 July 2014
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 67 other diversified funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
1.33%
Category median: 0.99%
Pricier than most peers (top 80% by fee)
5y return p.a. (after fees)
+4.00%
Category median: +3.27%
Above peer median (65th percentile)
Fund size
NZ$427.3m
Category median: NZ$57.5m
Top 22% by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$648
Compounded charge over 5 years (excl. returns)
$162 more than peer median
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
| NC NZ Cash (BNZ Bank Trust Account) | 3.41% |
 NVIDIA Corp | 1.95% |
 Fisher & Paykel Healthcare Corporation Limited | 1.90% |
 Apple Inc | 1.67% |
 Microsoft Corporation | 1.36% |
| NG NZ Govt Stock 4.5% 15/04/2027 | 1.35% |
 Auckland International Airport Limited | 1.18% |
 Amazon.Com Inc | 1.12% |
 Alphabet Inc (Class C) | 1.03% |
 Infratil Limited | 1.02% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- SOCIALLY RESPONSIBLE BALANCED FUND (FND1287) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 0.70 KB
- Booster Kiwi Saver Scheme Socially Responisble Investment Funds PDS 30 September 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 763.17 KB
- BKS Kiwi Saver Socially Responsible Balanced Fund Quarterly Fund Update March 2026.pdf The quarterly update published by the provider PDF, 84.41 KB
- Booster Kiwi Saver Scheme Default Saver Fund PDS 30 September 2025.pdf Additional product disclosure statement from the provider PDF, 341.70 KB
- Booster Kiwi Saver Scheme Asset Class Funds PDS 30 September 2025.pdf Additional product disclosure statement from the provider PDF, 602.54 KB
- Booster Kiwi Saver Scheme Multi Sector Fundsand Cash Fund PDS 30 September 2025.pdf Additional product disclosure statement from the provider PDF, 946.91 KB
- Booster Kiwi Saver Scheme Single sectorand Specialty Funds PDS 28 September 2021.pdf Additional product disclosure statement from the provider PDF, 585.45 KB
- Approachto Responsible Investing.pdf The Socially Responsible Investment Policy details Booster's philosophy to socially responsible investing. PDF, 131.17 KB
- Booster Kiwi Saver Scheme Other Material Information 31 March 2026.pdf The Other Material Information document should be read in conjunction with the PDS. It details additional information an investor
- Booster Kiwi Saver Scheme SIPO 31 March 2026.pdf Statement of investment policy and objectives PDF, 675.22 KB
About this category
Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
About Booster
NZ-owned manager with a diversified Wealth range, socially responsible series and shielded growth strategy.
See all funds from Booster →Head-to-head
Compare Booster Socially Responsible Balanced Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other Diversified funds
AI & integrations
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Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the Booster Socially Responsible Balanced Fund?
Booster Socially Responsible Balanced Fund is managed by Booster. NZ-owned manager with a diversified Wealth range, socially responsible series and shielded growth strategy.
What asset class is the Booster Socially Responsible Balanced Fund?
It is a diversified managed fund. The fund has a balanced risk profile. Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
What are the fees for the Booster Socially Responsible Balanced Fund?
The annual fund charge for the Booster Socially Responsible Balanced Fund is 1.33% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the Booster Socially Responsible Balanced Fund?
The risk indicator is 4/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the Booster Socially Responsible Balanced Fund a PIE fund?
Yes. The Booster Socially Responsible Balanced Fund is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the Booster Socially Responsible Balanced Fund?
Fund size (assets under management) is NZ$427 million as at the latest Quarterly Fund Update. Asset mix is approximately 54% growth assets and 46% income assets.
What does the Booster Socially Responsible Balanced Fund invest in?
The latest published top holdings are: NZ Cash (BNZ Bank Trust Account) (3.41%), NVIDIA Corp (1.95%), Fisher & Paykel Healthcare Corporation Limited (1.90%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
Does the Booster Socially Responsible Balanced Fund apply responsible-investment screens?
Yes. The Booster Socially Responsible Balanced Fund applies responsible-investment or ESG screening criteria — exclusions and engagement policies are documented in the fund's Statement of Investment Policy and Objectives (SIPO). Check the SIPO for the specific screening framework used.
How can I invest in the Booster Socially Responsible Balanced Fund?
The Booster Socially Responsible Balanced Fund is available via Booster directly. Always read the current Product Disclosure Statement before investing.