Booster Innovation Fund logo

BIF acquires shares in Montoux Limited

Operational Update25 March 2022BIFFinancials

Page 1 of 1


Booster Innovation Fund acquires share in Montoux Limited


25 March 2022

Booster Innovation Fund adds Montoux to its investment portfolio


Booster is pleased to announce the addition of Montoux to the Booster Innovation Fund (BIF) portfolio.


Montoux operates in the Life and Health Insurance part of the information service technology sector. It

specialises in the combination of actuarial and data science expertise with automation and machine

learning to provide an actuarial automation and decision science platform for life and health insurers.

Montoux was formed in 2012 and is classified as at early expansion stage.


BIF will make a cash investment of $500,000 in Montoux. Following this transaction, Montoux will

represent 7% of BIF’s investment portfolio of 19 companies, and with a net asset value of over $7.3m.


Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of

the process described in the fund’s Product Disclosure Statement (PDS) that is available at

www.booster.co.nz.


For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-

innovation-fund.aspx






For more information, please contact:

Gary Scott

Company Secretary

Booster Investment Management Limited

04 8944300



About Booster

Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of

the Booster Group which has been helping New Zealanders save since 1998. The group currently

administers superannuation and investment funds of over $5 billion on behalf of more than 170,000 New

Zealanders.

BIF is a managed investment fund that invests in early-stage companies founded on intellectual property

originated or developed in New Zealand.

For more information, including a copy of the Product Disclosure Statement, please visit

www.booster.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.