Booster Moderate Fund
Moderate Fund is a balanced KiwiSaver fund managed by Booster. It has 11,820 members and holds $253 million. It opened in 2007.
Fees and returns
- Annual fee
- 1.08% of your balance each year
- Return over 1 year
- +4.1% a year
- Return over 3 years
- +4.5% a year
- Return over 5 years
- +2.2% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +2.2% a year. The median for mainstream balanced funds over the same period was +3.8% a year, across 40 funds. This fund is behind that median, by 1.6 percentage points.
What it invests in
New zealand fixed interest 30%, international fixed interest 26%, international equities 21%, australasian equities 10%.
Largest holdings
- NZ Cash (BNZ Bank Trust Account) 3.27%
- AAM Corporate Loan Fund III 3.25%
- Metrics Secured Private Debt Fund II 2.17%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.1% |
| 2024/25 | +2.8% |
| 2023/24 | +6.5% |
| 2022/23 | −2.2% |
| 2021/22 | +0.2% |
| 2020/21 | +10.5% |
| 2019/20 | +0.7% |
| 2018/19 | +5.2% |
| 2017/18 | +3.8% |
| 2016/17 | +4.2% |
About this fund
The Booster Moderate Fund is an actively managed fund weighted toward income assets — New Zealand and international fixed interest — with a smaller allocation to shares. It sits at the cautious, income-heavy end of the balanced-risk category. It suits a horizon of three years or more, and has an annual fund charge of 1.08%.