The tables below show the MAS investment products' performance as of 31 August 2025.
Performance is after the annual fund charge and before tax. Performance for periods longer than one year is per annum. Please note that past performance is not an indicator of future performance.

MAS KiwiSaver Scheme fund performance

Fund 1 mth 3 mths 1 yr 3 yrs (p.a.) 5 yrs (p.a.) 10 yrs (p.a.)

Unit Price
(12/09/2025)

Global Equities 2.55% 8.23% 13.40% 12.52% 8.92% 9.37% 3.4239
Aggressive 2.46% 8.01% 12.69% 11.70% 8.06% 8.56% 3.1278
Growth 2.12% 6.97% 11.62% 10.81% 7.23% 7.85% 2.8313
Balanced 1.64% 5.55% 9.60% 9.08% 5.59% 6.37% 2.4139
Moderate 1.13% 4.07% 7.58% 7.35% 3.95% 5.00% 2.0262
Conservative 0.62% 2.62% 5.64% 5.66% 2.50% 3.75% 1.7169
Cash 0.34% 1.03% 5.01% 4.96% 3.35% 2.78% 1.4405

 


MAS Retirement Savings Scheme fund performance

Fund

1 mth

3 mths

1 yr

3 yrs (p.a.)

5 yrs (p.a.)

10 yrs (p.a.)

Unit Price
(12/09/2025)

Global Equities

2.54% 8.23% 13.42% 12.54% 8.94% 9.30% 3.4137

Aggressive

2.47% 8.01% 12.69% 11.72% 8.06% 8.49% 3.1021

Growth

2.12% 6.98% 11.63% 10.80% 7.22% 7.97% 2.8718

Balanced

1.64% 5.54% 9.57% 9.07% 5.58% 6.32% 2.3847

Moderate

1.13% 4.08% 7.59% 7.35% 3.95% 5.05% 2.0356

Conservative

0.62% 2.59% 5.62% 5.64% 2.47% 3.75% 1.7075

Cash

0.34% 1.04% 5.01% 4.96% 3.36% 2.78% 1.4343

 


MAS Investment Funds fund performance

Fund

1 mth

3 mths

1 year

Since Inception*

Unit Price
(12/09/2025)

Global Equities

2.56% 8.25% 13.52% 23.45% 1.2611

Aggressive

2.45% 7.97% 12.93% 22.20% 1.2473

Growth

2.11% 6.95% 11.72% 20.57% 1.2278

Balanced

1.62% 5.50% 9.60% 17.59% 1.1941

Moderate

1.11% 4.02% 7.56% 14.42% 1.1577

Conservative

0.61% 2.58% 5.59% 12.04% 1.1297

Cash

0.34% 1.04% 5.05% 8.30% 1.0848

*The return since inception is the return since the start date of the fund. Although the first PDS for the Scheme was registered on 31 January 2024, unit pricing for the Funds in the Scheme did not start until 12 February 2024.


*Medical Funds Management Limited, JBWere (NZ) Pty Ltd and Nikko Asset Management New Zealand Limited, their parent companies and associated entities do not guarantee the return of capital or the performance of investment funds. Returns indicated may bear no relation to future performance. The value of investments will fluctuate as the value of underlying assets rise or fall.

Medical Funds Management Limited is the issuer and manager of the MAS KiwiSaver Scheme, MAS Retirement Savings Scheme, and MAS Investment FundsThe Product Disclosure Statements are available at MAS KiwiSaver Scheme PDSMAS Retirement Savings Scheme PDS, and MAS Investment Funds PDS

If you would like to talk to a MAS Adviser, phone 0800 800 627 or email info@mas.co.nz