You can choose to make a lump sum or regular investment into your MAS Investment Funds account through online banking or by direct debit.
If you open a new account with us the minimum investment is $500. There is no minimum amount for additional investments.
Lump sum investments
When you make a lump sum investment you can choose which fund(s) you would like to invest in.
To make lump sum payments by direct credit using online banking, you can make deposits to the Scheme account 01-1839-0947560-00 and enter these details:
| Particulars | Account number
(You can find this in your welcome pack or in the MAS Investor Portal) |
| Code | Fund code
(This is the first 3 letters of the fund. For example, the Growth Fund is GRO). See all fund codes below. |
| Reference | MASINVESTFUNDS |
You can also make payments using the bill payment facility through your bank's online or phone banking services.
If you do not provide a fund code for your contribution to be allocated to, your contribution will be invested in accordance with your future investment strategy.
Fund codes for online banking payments
You will need to use the fund codes provided if you are making an additional investment into your MAS Investment Funds account using online banking.
If you would like to invest in more than one fund, you will need to invest in each fund with a separate payment.
Fund |
Fund Code |
| Global Equities | GLO |
| Aggressive | AGG |
| Growth | GRO |
| Balanced | BAL |
| Moderate | MOD |
| Conservative | CON |
| Cash | CAS |
Regular investment by direct debit
You can also choose to set up (or change) a regular investment direct debit payment weekly, fortnightly, monthly or quarterly.
To start a direct debit you need to complete the Direct Debit Authority Form.
You can change or cancel your regular direct debit payments by completing a Direct Debit Change Form.
Switching fund(s)
You have the flexibility to switch between fund(s) and set how you would like your contributions automatically invested at any time. There is no minimum amount required and currently no additional fees.
It's easy to make a change. Investors with individual and joint accounts can switch funds and make a change to how their contributions are invested (called the future investment strategy) in the MAS Investor Portal.
Other investors will need to complete a Switch and Future Investment Strategy Change Form.
Medical Funds Management Limited is the manager and issuer of MAS Investment Funds. A copy of the Product Disclosure Statement (PDS) for the Scheme is available at mas.co.nz/investmentfunds
If you would like to talk to a MAS Adviser, phone 0800 800 627 or email info@mas.co.nz.