Booster KiwiSaver Scheme - KiwiSelect

1 Booster KiwiSaver Scheme Product Disclosure Statement This document replaces the Product Disclosure Statement dated 19 September 2016. Ofer of membership of the Booster KiwiSaver Scheme Multi-sector Fund options 3 April 2017. Issuer: Booster Investment Management Limited This document gives you important information about this investment to help you decide whether you want to invest. There is other useful information about this ofer on Booster Investment Management Limited has prepared this document in accordance with the Financial Markets Conduct Act 2013.

2 You can also seek advice from a inancial adviser to help you make an investment decision. 1. Key information summary What is this? How can you get your money out? This is a managed investment Scheme . Booster KiwiSaver is a KiwiSaver Scheme . It's designed to help you save for your retirement so usually you can Your money will be pooled with other investors' money and only start taking your money out when you reach New invested in various investments. Zealand superannuation age (currently 65) and have been in Booster Investment Management Limited ( Booster ) will KiwiSaver for at least ive years.

3 Invest your money and charge you a fee for its services. That being said, life is never predictable and there are The returns you receive are dependent on the investment certain circumstances under the KiwiSaver Act 2006. decisions of Booster and the performance of the ( KiwiSaver Act) when money can be taken out earlier if the investments. The value of those investments may go up eligibility criteria is met: or down. 1. if you're purchasing your irst home; or The types of investments and the fees you will be charged 2. if you sufer signiicant inancial hardship or from a are described in this document.

4 Serious illness; or 3. after you've permanently emigrated from New Zealand;. What will your money be invested in? or Booster KiwiSaver Scheme ( Booster KiwiSaver 1) has a total 4. to pay tax or student loan repayment obligations arising of 15 funds for you to choose from. on savings transferred from an overseas superannuation Scheme (excluding Australia); or This Product Disclosure Statement covers six Multi-sector Fund options. These funds are summarised on the 5. if any law or court order requires us to release some or following page.

5 All of your savings; or More information about the investment target and strategy 6. you choose to withdraw savings transferred from an for each fund is provided at Section 3 Description of your Australian complying superannuation Scheme ' at age investment options. 60 (if you meet the deinition of retirement' under Australian law); or If you'd like to know about the other funds visit , contact us, or ask your inancial 7. in the event of your death, your savings will be paid to adviser. the representatives of your estate. We'll explain these circumstances in Section 2 How does this investment work?

6 Who manages the Booster KiwiSaver Scheme ? Booster is the manager of Booster KiwiSaver . How will your investment be taxed? You may have known us as Grosvenor we are now called Booster KiwiSaver is a portfolio investment entity (PIE) for Booster . tax purposes. You'll learn more about us in Section 7 Who is involved? The amount of tax you pay in respect of a PIE is based on your prescribed investor rate (PIR). To determine your PIR, go to the application form. See Section 6 of the PDS What taxes will you pay? on page 12 for more information.

7 Where can you ind more key information? Booster is required to publish quarterly updates for each fund. The updates show the returns, and the total fees actually charged to investors, during the previous year. The latest fund updates are available at The manager will also give you copies of those documents on request. 1. The term Booster KiwiSaver ' is an abbreviation for the Booster KiwiSaver Scheme ' and readers should view those terms interchangeably. 2. Your fund options Fund Description and investment objective2 Risk indicator Capital Guaranteed Fund The fund invests mainly in income assets and Potentially lower returns Potentially higher returns.

8 Includes only a small amount of growth assets. It is suited to investors looking for some certainty of 1 2 3 4 5 6 7. maintaining the value of the money they invest and Lower risk Higher risk . are willing to accept a lower rate of return. Default Saver Fund The fund invests mainly in income assets, but Potentially lower returns Potentially higher returns . includes some growth assets. It is suited to investors 3. 1 2 3 4 5 6 7. looking for a low level of risk and are willing to accept a relatively modest level of returns. Lower risk Higher risk.

9 Moderate Fund The fund invests mainly in income assets, but Potentially lower returns Potentially higher returns . includes some growth assets. It is suited to investors looking for a low to medium level of risk and are 1 2 3 4 5 6 7. willing to accept a moderate level of returns. Lower risk Higher risk . Balanced Fund The fund invests in a balanced mix of income assets Potentially lower returns Potentially higher returns . and growth assets. It is suited to investors looking for a medium level of risk and are willing to accept a 1 2 3 4 5 6 7.

10 Medium level of returns. Lower risk Higher risk . Balanced Growth Fund The fund invests mainly in growth assets, but Potentially lower returns Potentially higher returns . includes some income assets. It is suited to investors who are comfortable with a medium to high level of 1 2 3 4 5 6 7. risk in order to potentially achieve a relatively higher Lower risk Higher risk . level of returns. High Growth Fund The fund invests predominantly in growth assets, Potentially lower returns Potentially higher returns . with little or no income assets.