You can choose to make a lump sum or regular investment into your MAS Investment Funds account through online or mobile banking, or with direct debit.

The minimum investment to open a new account with us is $500, and there is no minimum amount for additional investments. Investment monies we receive are generally processed within 5 business days.

Online banking

It’s easy to make one-off or regular payments to your investment account through online or mobile banking. You can search for MAS Investment Funds as a payee with select banks, or manually add us as a payee.

Making a payment

Use the following details when making a contribution to your investment account through online banking:

Account Name MAS Investment Funds
Account Number 01-1839-0947560-00
Particulars Account number (you can find this on your Annual Statement or login to myMAS)
Code The first three letters of the fund you'd like to contribute to. If you'd like to invest in more than one fund, you'll need to make separate payments for each fund. The fund codes are:
Fund Name Fund Code
Global Equities GLO
Aggresive

AGG

Growth GRO
Balanced BAL
Moderate MOD
Conservative CON
Cash CAS
Reference MASINVEST

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.

Adding a payee

You can search for MAS Investment Funds as a registered payee with select banks, or manually add us as a payee to make it easier to contribute again in the future.

Manual entry

You can manually add MAS Investment Funds as a payee in your online banking using the following details:

Account Name (biller name) MAS Investment Funds
Account Number 01-1839-0947560-00
Exact Name on Account Public Trust as Supervisor of MAS

Important

For ASB and BNZ banks specifically, as well as for any banks that do not list our Scheme's bank account under their registered payees or businesses, you need to manually enter the exact account name as registered with the bank to avoid a "Not Match" error during the Confirmation of Payee process. ASB and BNZ’s Confirmation of Payee service will verify whether the account name and number provided correspond with the bank’s official records. Therefore, please ensure you use the exact name on accounts (as per the table above) to successfully complete the Confirmation of Payee check.

Saved or registered payee (biller)

MAS has set up as a payee/biller with the following banks:

  • ANZ
  • ASB
  • BNZ
  • Kiwibank
  • Westpac
  • The Co-operative Bank

Simply search for the product name - MAS Investment Funds - which is also the account name, in the biller or payee list and follow the prompts to complete your payment. Use the payment details above when making a contribution.

Important

MAS banks with ANZ and all our biller code instructions are set up with New Zealand banks via ANZ. Banks operate using different systems and processes, and while the biller names (product name or account name) are the same across all banks, the manual entry process can be different.

Select your bank from the list below for more information on how to make contributions through the mobile banking app.

ANZ

Searching for a Registered Payee

  • Tap Payments > Pay a Person or Bill > Select an account > Select a Payee
  • Search for "MAS Investment Funds" and select the correct payee from the list and the registered details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Tap Payments > Pay a Person or Bill > Select an Account > Select a Payee > Add New
  • Payee Name: Account name (e.g. "MAS Investment Funds"; no need for exact name)
  • Account Number: 01-1839-0947560-00
  • The product name will show on your screen

ASB

Searching for a Registered Payee

  • Tap Payments > Make a Payment > Choose who to Pay > Registered Payee
  • Search for "MAS Investment Funds" and select the correct payee from the list and the registered details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Tap Payments > Make a Payment > Add a New Payee > Enter Payee Details
  • Payee Name: Use the exact registered name (e.g. "Public Trust as Supervisor of MAS”)
  • Account Number: 01-1839-0947560-00
  • Tap “Check Payee Details” to initiate Confirmation of Payee

BNZ

Searching for a Registered Payee

  • Menu (top left corner) > Payees > (top right corner) > Enter Account owner name (e.g. "MAS Investment Funds")
  • Search for "MAS Investment Funds" and select the correct payee from the list and the registered details will be loaded

Adding a New Payee (Self-Selected Payee)

  • Menu (top left corner) > Payees > (top right corner) > Enter Account owner names
  • Account owner name: Use account name (e.g. "MAS Investment Funds")
  • Account Number: 01-1839-0947560-00
  • BNZ will verify payee details

Kiwibank

Searching for a Registered Payee

  • Tap Pay & Transfer > Manage Payees > Add > Search Businesses
  • Enter "MAS Investment Funds" and select from the results

Adding a New Payee (Self-Selected Payee)

  • Tap Pay & Transfer > Manage Payees > Add
  • Enter Account owner: Use account name (e.g. "MAS Investment Funds". 
  • Account Number: 01-1839-0947560-00
  • Tap “Check Payee Details” to initiate Confirmation of Payee. You will see a pop-up box stating the account number matches as business and asking you to search businesses.
  • Enter "MAS Investment Funds" and select from the results

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.