We’re upfront about our fees and try to keep them as simple as possible. 

Unlike most other KiwiSaver providers, we don’t charge an additional annual membership fee. We also don't charge performance fees.

A minimum manager’s basic fee of $12.50 per calendar quarter ($50 per annum) may apply, but this minimum is waived for investors under the age of 25.

Fund Manager's basic fee

Other management and administrative charges

(estimated % of net asset value)

Total annual fund charges

(estimated % of net asset value)

Global Equities 1.00% 0.10% 1.10%
Aggressive 1.00% 0.12% 1.12%
Growth 1.00% 0.13% 1.13%
Balanced 0.95% 0.14% 1.09%
Moderate 0.85% 0.17% 1.02%
Conservative 0.80% 0.19% 0.99%
Cash 0.50% 0.01% 0.51%

You can find out more about how our fees and charges work in the MAS KiwiSaver Scheme Product Disclosure Statement.

1Other management expenses incurred in operating each Fund.


Medical Funds Management Limited is the manager and issuer of investments in the MAS KiwiSaver Scheme (the Scheme). A copy of the Product Disclosure Statement (PDS) for the Scheme is available here. If you would like to talk to a MAS adviser, phone 0800 800 627 or email info@mas.co.nz