BIF adds Kai’s Education to its investment portfolio

Booster is pleased to announce the addition of Kai’s Education to the Booster Innovation Fund (BIF) portfolio.

Kai’s Education operates in the education technology part of the information technology sector. It specialises in the development and sale of gamified and interactive learning tools with a focus on teaching STEM (science, technology, engineering, and mathematics) subjects to students. Kai’s Education was formed in 2018 and is classified as early stage.

BIF will make a cash investment of $250,000. Following this transaction (and issue of additional units to fund the purchase), Kai’s Education will represent 1.2% of BIF’s investment portfolio which currently has over 35 active companies, and a net asset value of $20.6m.

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 $7 billion on behalf of more than 200,000 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

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Announcement PDF