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.
Booster is one of only a few KiwiSaver providers to offer New Zealand-managed socially responsible investment (SRI) funds. You can read our responsible investment policy.
SRI funds are likely to suit savers looking for an investment that reflects their personal values.
Socially responsible investing (SRI) normally chooses investments using both:
SRI usually uses a screening process to avoid selecting certain companies or industries that, overall, are assessed as having a negative impact on society.
At an industry level, this often rules out industries associated with:
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.
If a socially responsible investment fund isn't right for you, look at: