Booster Shielded Growth Fund
Shielded Growth Fund is an aggressive KiwiSaver fund managed by Booster. It has 575 members and holds $15 million. It opened in 2018.
Fees and returns
- Annual fee
- 1.29% of your balance each year
- Return over 1 year
- +8.8% a year
- Return over 3 years
- +9.0% a year
- Return over 5 years
- +5.1% 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 +5.1% a year. The median for mainstream aggressive funds over the same period was +6.3% a year, across 13 funds. This fund is behind that median, by 1.2 percentage points.
What it invests in
International equities 64%, australasian equities 24%.
Largest holdings
- Fisher & Paykel Healthcare Corporation Limited 2.89%
- NVIDIA Corp 2.7%
- NZ Cash (BNZ Bank Trust Account) 2.4%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +8.8% |
| 2024/25 | +2.8% |
| 2023/24 | +15.8% |
| 2022/23 | −4.3% |
| 2021/22 | +3.6% |
| 2020/21 | +28.4% |
| 2019/20 | −2.2% |
About this fund
The Booster Shielded Growth Fund is an actively managed aggressive fund that invests mainly in growth assets — predominantly international and Australasian shares — with a downside-protection overlay. It typically holds put options that protect around 30% of fund losses beyond a 10% fall in global share markets, with the level of protection varying (typically 20–50% of the fund) at the manager's discretion. It suits a horizon of seven years or more, has operated since 2018, and has an annual fund charge of 1.29%.