Socially Responsible Investment Balanced Fund

SRI and balanced

Socially Responsible Investment Balanced Fund Pie Graph
Socially Responsible Investment Balanced Fund Growth And Income

Investment objective

The fund aims to provide an enhanced return over the long term through capital gains.

It aims to achieve returns – after fees but before tax – of at least 3% per year above inflation over any 5-year period.

There will be some movements up and down in the value of the fund.

Investment strategy

The fund invests in a balanced mix of income assets and growth assets.

It currently excludes investments in directly held companies and managed fund investments where the underlying activities are principally involved in the tobacco, alcohol, gambling, armaments and fossil fuel industries.

While managed fund investments are researched using these criteria, in some cases they may include a small allocation to fossil fuels. This is subject to ongoing monitoring of suitable alternatives.

The criteria for screening out these investments may be modified over time to reflect developments.

Risk indicator

The risk indicator is rated from 1 (low) to 7 (high).

The rating reflects how much the value of the fund’s assets goes up and down – the 'volatility'. A higher risk generally means higher potential returns over time, but more ups and downs along the way.

While risk indicators are usually quite stable, they do shift from time to time. Check the most recent risk indicator for this fund in the latest quarterly fund update.

RIAA certification

Certified Ri Rgb Transparent Resize5This fund has been certified by the Responsible Investment Association Australasia.

Find out more

Download the Booster KiwiSaver Scheme Responsible Investing Policy Statement (PDF 276Kb)

Download the Booster KiwiSaver Scheme Product Disclosure Statement – Socially Responsible Investment Funds (PDF 333kB)

Booster investment funds

If an SRI fund isn't right for you, look at:

Conservative funds

Balanced funds

Growth funds

Risk level: