Booster Kiwisaver Scheme
Asset Class Growth Fund
The Smiths take
Asset Class Growth Fund Smiths Rating B+
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
The fund matches or beats the group average on the standard Sorted measures. Read the full breakdown below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Asset Class Growth Fund fits your situation.
A 10+ years timeframe
This is a aggressive KiwiSaver fund. The provider's recommended minimum holding period sits in the 10+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.
Mostly growth assets
90% growth assets (shares, property) and 10% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
90.25% / 9.75%
Growth / Income · avg 98.25% / 1.75%
Fees
1.37%
$411 on $30k · avg 1.95%
5-yr return
8.61%
Annualised, after fees & 28% PIR · avg 8.61%
What the provider says
In their own words
“The Asset Class Growth Fund is suited to investors who seek potentially relatively high returns on average over the longer-term periods (ten years plus), allowing for short to medium term ups and downs. We aim to achieve this by investing primarily in growth assets, with a moderate allocation of income assets. Exposure is achieved by primarily investing in DFA Australia Limited (Dimensional) funds, utilising their Sustainability Trusts where available.”
- Fund start date
- 1 July 2014
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 90.25% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
85.37%
avg 87.94%
- Propertythis fundavg
4.88%
avg 8.38%
- Otherthis fundavg
0.00%
avg 1.93%
- Bondsthis fundavg
9.38%
avg 0.38%
- Cashthis fundavg
0.37%
avg 1.37%
What it owns
Top 10 holdings. 100.00% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Dfa Global Sustainability Pie Fund
Fund
FundNZ27.62%Dfa Global Sustainability Pie Fund (Nzd Hedged)
Fund
FundNZ27.39%Dfa Emerging Markets Sustainability Trust
Fund
FundAU13.41%Nzx New Zealand Core Equity Trust Class
Fund
FundNZ12.70%Dfa Global Bond Sustainability Pie Fund
Fund
FundAU7.88%Dfa Global Real Estate Trust Nzd Hedged Class Units
Fund
FundAU4.88%Dimensional Australian Sustainability Pie Fund
Fund
FundNZ4.25%Dfa Two-Year Sustainability Fixed Interest Pie Fund
Fund
FundAU1.50%Nz Cash (Bnz Bank Trust Account)
Cash
Cash and Cash EquivalentsNZ0.37%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
1.25%
avg 0.73%
$375
avg $219
+0.52%Other
Other potential costs not in the categories below.
85.37%
avg 87.94%
-
avg -
−2.57%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.12%
avg 0.05%
$36
avg $16
+0.07%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.37%
avg 1.95%
$411
avg $585
Yearly returns
8.61% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 4 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $150,604,979
- Members
- 2,826
- Asset liquidity ratio
- 100.00%
- Debt ratio
- 0.00%
- Default KiwiSaver fund
- Yes
- Fund reference
- FND1290
Manager
Booster Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429037597320
- FSP number
- FSP28142
Smiths Health Check
Is the Asset Class Growth Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just booster.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →