PLP – Annual Report 2021

This Annual Report 2021 has been prepared for
the period 1 April 2020 to 31 March 2021 (Year).
Investment Scheme 2
Annual Report 2021
Booster
Private Land
& Property Fund

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Contents
Section 1 Details of scheme ..................................................................................3
Section 2 Information on contributions and scheme participants .........................4
Section 3 Changes relating to the scheme ............................................................5
Section 4 Other information for particular types of managed funds ....................6
Section 5 Changes to persons involved in the scheme .........................................7
Section 6 How to find further information ............................................................7
Section 7 Contact details and complaints ............................................................ 8

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1. Details of scheme
Name of the scheme: Booster Investment Scheme 2 (Scheme)
Type of scheme: Other Managed Fund (i.e. a managed fund which is not a KiwiSaver scheme, workplace
savings scheme or superannuation scheme).
Manager: Booster Investment Management Limited (BIML or Manager)
Supervisor: Public Trust
Product Disclosure Statements: The date and status of the latest Product Disclosure Statement for the
Scheme are:
• Booster Investment Scheme 2 – Private Land and Property Fund, dated 20 April 2021 – open for
applications
Fund Updates: The latest fund update for the Scheme’s Fund for the quarter ended 31 March 2021 and was
made publicly available on 3 May 2021.
Financial Statements and Auditor’s Report: The latest financial statements for the Scheme and its auditor
report, covering the financial year 1 April 2020 to 31 March 2021 were lodged on the scheme register and
are available at www.disclose-register.companiesoffice.govt.nz or at www.booster.co.nz.

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2. Information on contributions and scheme participants
Units on issue
At the start and at the end of the Year the Scheme had one fund on offer. The number of units on issue in the
fund at the start and at the end of the Year were:
Fund
Units on issue at
1 April 2020
Units on issue at
31 March 2021
Private Land and Property Fund 41,178,48960,540,080
Substantial product holders
The Private Land and Property Fund (the Fund) is listed on the NZX Main Board under NZX code PLP. Any
unitholder that holds more than 5% of the units in the Fund are considered as substantial product holders.
A list of the substantial product holders and their respective unit holding in the Fund, as at the end of the
Year is as follows:
Substantial product holderUnit holding
Percentage
of holding
Booster KiwiSaver Scheme
(through PT (Booster KiwiSaver) Nominees Ltd)
23,707,74239.16%
Asset Custodian Nominees Limited21,966,93636.28%
Booster SuperScheme
(through PT (Booster Superannuation) Nominees Ltd)
9,101,35115.03%
Booster Investment Scheme
(through PT (Booster Investments) Nominees Ltd)
4,100,4026.77%

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3. Changes relating to the scheme
Governing document
No changes were made to the Scheme’s Trust Deed during the Year.
A copy of the Scheme’s Trust Deed is available at www.booster.co.nz
Terms of the Offer
The following material changes were made to the terms of the offer of the Scheme’s Fund during the Year:
From 8 October 2020:
• The Manager has increased the frequency of distributions from the Fund to quarterly.
• A distribution reinvestment plan (DRP) was introduced, allowing eligible investors to elect whether their
distribution should be paid out in cash or reinvested back into the Fund.
A copy of the Scheme’s current Product Disclosure Statements is available at www.booster.co.nz
Statement of Investment Policy and Objectives (SIPO)
The following material changes were made to the investment objectives and strategy of the Scheme’s Fund
and the SIPO during the Year.
• The Manager has increased the frequency of distributions from the Fund to quarterly.
A copy of the Scheme’s most recent SIPO is available at www.booster.co.nz
Related party transactions
The Fund fully invests into a separate wholesale portfolio also managed by BIML – the Private Land and
Property Portfolio (Wholesale Portfolio). The Wholesale Portfolio is a managed fund established under the
Booster Investment Scheme, a separate scheme also managed by BIML.
The Fund holds 100% of the units of the Wholesale Portfolio, and the Wholesale Portfolio holds the property
investments directly that the investors in the Fund are indirectly exposed to. All transactions between these
related parties are performed on an arm’s length basis.
There were no other changes to the nature or scale of any related party transactions during the Year and all
related party transactions were on an arms’ length basis.
Further information on the Fund can be found in the Scheme’s Product Disclosure Statement and Other
Material Information document available at www.booster.co.nz

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4. Other information for particular types of managed funds
Unit prices
Fund
Unit prices ($)
at 1 April 20201
Unit Prices ($) at
31 March 20211
Private Land Property Fund1.04061.0723
1 The unit prices shown above are the prices that would have applied to contributions or withdrawals made in the Fund on the specified
date directly with the Manager. The unit prices shown above don’t include PIE tax, contribution fees or termination fees. All other fees
are included. Alternatively, investors can buy or sell units in the Fund on market at the quoted price through an NZX Participant.
The quoted price on the NZX Main Board may differ from the unit price provided by the Fund directly.

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6. How to find further information
Information relating to the Scheme is available on the offer register and scheme register at
www.disclose-register.companiesoffice.govt.nz by searching ‘Booster Investment Scheme 2’:
• The offer register includes the product disclosure statement, fund update, other material information and
material contracts for the Scheme.
• The scheme register includes the trust deed, the SIPO, the financial statements and the annual reports for
the Scheme.
To request this annual report and other information about the Scheme and your investment (free of charge):
• write to Booster Investment Management Limited,
PO Box 11872, Manners Street, Wellington 6142
• email clientservices@booster.co.nz
• call 0800 40 40 50 from 8.00am to 5.00pm (Monday to Friday)
• visit www.booster.co.nz
5. Changes to persons involved in the scheme
The Manager
BIML is the manager, administration manager and investment manager of the Scheme. This did not change
during the Year.
There were no changes to the key personnel and there were two changes to the directors of the Manager, as
follows:
• Melanie Templeton was appointed as a director effective 1 February 2021
• Brendan Doyle resigned as a director effective 1 February 2021
The Supervisor
Public Trust is the Supervisor of the Scheme and this did not change during the Year.
There were no changes to the board of the Supervisor.
Other Persons Involved
The Securities Registrar (Link Market Services), the Custodian (PT (Booster Investments) Nominees Limited)
and the Auditor (Ernst and Young) did not change during the Year.

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7. Contact details and complaints
Manager
Chief Operating Officer
Booster Investment Management Limited
Level 19, Aon Centre, 1 Willis Street
PO Box 11872, Manners St
Wellington 6142
Phone: 0800 336 338
Email: clientservices@booster.co.nz
Supervisor
General Manager, Corporate Trustee Services
Public Trust
Level 8, Public Trust Building,
22-28 Willeston St,
Private Bag 5902
Wellington 6140
Phone: 0800 371 471
Email: CTS.Enquiry@PublicTrust.co.nz
Manager’s Approved Dispute
Resolution Scheme
Financial Dispute Resolution
Service
Level 4, 142 Lambton Quay
Freepost 231075
PO Box 2272
Wellington 6140
Phone: 0508 337 337
Email: enquiries@fdrs.org.nz
Website: www.fdrs.org.nz
Supervisor’s Approved Dispute
Resolution Scheme
Financial Services Complaints
Limited
Level 4, 101 Lambton Quay
PO Box 5967
Wellington 6140
Phone: 0800 347 257
Email: complaints@fscl.org.nz
Website: www.fscl.org.nz
Securities Registrar’s Approved
Dispute Resolution Scheme
Financial Services Complaints
Limited
Level 4, 101 Lambton Quay
PO Box 5967
Wellington 6140
Phone: 0800 347 257
Email: complaints@fscl.org.nz
Website: www.fscl.org.nz
Booster Investment Management Limited (BIML) is the issuer of the Booster Investment Scheme 2. None of BIML, Public Trust, or any
director, board member or nominee of any of those entities, or any other person guarantees the Scheme’s performance, returns or
repayment of capital. A copy of the Scheme’s Product Disclosure Statement is available at www.booster.co.nz
If you have any queries on your listed securities holdings, you can contact the Securities Registrar on the
contact details below:
Securities Registrar
Link Market Services
Level 30, PwC Tower,
15 Customs Street West
PO Box 91976
Auckland 1142
Phone: 09 375 5998
Email: enquiries@linkmarketservices.co.nz
If you have any queries or complaints about the Scheme, you can contact the Manager (in the first instance),
or the Supervisor, at the contact details below:
If your complaint can’t be resolved by the Manager, the Supervisor or the Securities Registrar, you can refer
it to one of the following approved dispute resolution schemes. They won’t charge you a fee to investigate
or resolve your complaint.

We’re here to help.
To find out more about Booster Investment
Scheme 2, talk to your financial adviser, visit
our website or call us on 0800 40 40 50.
booster.co.nz
Booster Investment Management Limited
PO Box 11872, Manners Street
Wellington 6142, New Zealand