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Booster - GEARED GROWTH FUND

Financial Services Company

last updated on 2023-12-12 12:32:52

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Overview

Rating

Fund name

GEARED GROWTH FUND

Membership fee per annum

$36

Fund performance 5 year

5.69%

Number of members

12847

Date fund started

2009-07-15

Fund type

Aggressive

Estimated annual fees

1.48%

NZ invested Assets

30.12%

Total value of fund

$363 691 226

Data last updated

2023-11-14 03:38:18

Fund investment mix

Cash

1%

Growth Assets

99%

Bonds

0.00

Investments

Investments

The Geared Growth Fund is suited to investors who seek higher returns, including increased potential returns via leverage, on average over extended periods (fifteen years plus), allowing for more significant short to medium term ups and downs. We aim to achieve this by investing predominantly in growth assets, with little or no allocation to income assets, and the use of leverage to provide increased exposure.