BIF.NZ

Booster Investment Management Limited's Booster Innovation Fund (BIF.NZ), listed on the NZX, does not currently pay dividends. This is common for funds and companies focused on innovation and growth, as they often reinvest earnings to fuel further development and expansion. By prioritizing reinvestment, these entities aim to increase their value over time, which can lead to capital gains for investors rather than immediate income. While this may not appeal to income-focused investors seeking regular dividend payments, the Booster Innovation Fund might still attract those with a long-term perspective who are interested in growth opportunities. These investors may appreciate the potential for significant appreciation in share value as the fund invests in innovative sectors and companies. Understanding this strategy is crucial for investors considering BIF.NZ, as it aligns with a growth-focused investment approach rather than an income-generating one.