The tables below show the MAS investment products' performance as of 31 March 2026.
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
(17/04/2026)

Fund fact sheet
Global Equities -5.65% -4.57% 13.29% 11.60% 6.97% 9.82% 3.6486 Global Equities
Aggressive -5.54% -4.45% 12.91% 10.94% 6.37% 8.87% 3.3244 Aggressive
Growth -5.12% -4.01% 11.19% 10.13% 5.74% 7.99% 2.9821 Growth
Balanced -4.47% -3.35% 8.88% 8.64% 4.54% 6.52% 2.5119 Balanced
Moderate -3.84% -2.70% 6.56% 7.14% 3.32% 5.05% 2.0833 Moderate
Conservative -3.10% -1.96% 4.45% 5.71% 2.21% 3.69% 1.7471 Conservative
Cash 0.27% 0.80% 3.85% 4.96% 3.66% 2.80% 1.4700 Cash

 

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
(17/04/2025)

Fund fact sheet

Global Equities

 -5.66% -4.57% 13.27% 11.61% 6.98% 9.73% 3.6373 Global Equities

Aggressive

 -5.54% -4.43% 12.88% 10.94% 6.38% 8.82% 3.2972 Aggressive

Growth

 -5.12% -4.01% 11.22% 10.13% 5.73% 8.07% 3.0249 Growth

Balanced

 -4.46% -3.35% 8.87% 8.62% 4.53% 6.47% 2.4814 Balanced

Moderate

 -3.84% -2.70% 6.57% 7.14% 3.32% 5.09% 2.0930 Moderate

Conservative

 -3.13% -2.00% 4.40% 5.68% 2.17% 3.69% 1.7360 Conservative

Cash

 0.28% 0.81% 3.86% 4.96% 3.66% 2.82% 1.4637 Cash

 

MAS Investment Funds fund performance

Fund

1 mth

3 mths

1 year

Since Inception*

Unit Price
(17/04/2026)

Fund fact sheet

Global Equities

 -5.65% -4.59% 13.33% 26.33% 1.3433 Global Equities

Aggressive

 -5.55% -4.44% 13.14% 24.90% 1.3255 Aggressive

Growth

 -5.12% -4.01% 11.22% 22.74% 1.2931 Growth

Balanced

 -4.43% -3.31% 8.92% 19.21% 1.243 Balanced

Moderate

 -3.85% -2.74% 6.33% 15.25% 1.1891 Moderate

Conservative

 -3.10% -2.00% 4.45% 12.49% 1.1491 Conservative

Cash

 0.28% 0.80% 3.88% 10.52% 1.1071 Cash

*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) Limited and Amova 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 Funds. The Product Disclosure Statements are available at MAS KiwiSaver Scheme PDS, MAS 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.