Socially responsible investing (SRI) normally uses a screening process to avoid certain companies and industries that, overall, are assessed as having a negative social impact.
At an industry level, this often rules out investments in controversial industries such as weapons manufacture, gambling, pornography or fossil fuels.
SRI funds are likely to suit savers looking for an investment that reflects their personal values.
Booster is one of only a few KiwiSaver providers to offer New Zealand-managed socially responsible investment (SRI) funds.
Since our beginnings in 1998, Booster has offered a range of ethical investment portfolio options. These exclude direct investments in companies with a significant part of their business activities in or earnings from activities that are considered to have negative social impacts.
Read our responsible investment policy for more information.
Booster's SRI funds have been certified by the Responsible Investment Association Australasia (RIAA) according to the strict operational and disclosure practices required under the Responsible Investment Certification Program.
See www.responsibleinvestment.org for details.*
* The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
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