MAS Retirement Savings Scheme Performance

Fund performance

Performance for the MAS Retirement Savings Scheme funds. Past performance is not an indicator of future performance. Performance is calculated after fees and before tax (unless an 'after tax' return is selected). Returns for periods of more than a year are annualised to be per annum (p.a.).

Last updated: 30 September 2026

Fund name	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
Global Equities	1.66%	2.42%	15.95%	17.83%	9.33%	11.49%
Aggressive	0.82%	1.53%	14.32%	16.62%	8.54%	10.41%
Growth	0.40%	0.78%	11.61%	14.85%	7.46%	9.37%
Balanced	-0.16%	-0.18%	8.07%	12.05%	5.76%	7.34%
Moderate	-0.75%	-1.17%	4.57%	9.32%	4.05%	5.51%
Conservative	-1.25%	-2.05%	1.35%	6.64%	2.43%	3.71%
Cash	0.27%	0.82%	3.35%	4.67%	3.92%	2.86%

Fund name	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
Global Equities	1.62%	2.31%	15.55%	17.42%	9.06%	11.17%
Aggressive	0.78%	1.43%	13.93%	16.18%	8.28%	10.10%
Growth	0.40%	0.76%	11.36%	14.44%	7.24%	9.08%
Balanced	-0.12%	-0.12%	7.94%	11.64%	5.58%	7.07%
Moderate	-0.65%	-1.02%	4.56%	8.90%	3.91%	5.26%
Conservative	-1.11%	-1.82%	1.45%	6.21%	2.32%	3.48%
Cash	0.24%	0.74%	3.00%	4.18%	3.51%	2.56%

Fund name	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
Global Equities	1.60%	2.24%	15.27%	17.14%	8.89%	10.96%
Aggressive	0.75%	1.37%	13.67%	15.90%	8.11%	9.88%
Growth	0.40%	0.74%	11.16%	14.16%	7.09%	8.88%
Balanced	-0.09%	-0.08%	7.84%	11.37%	5.47%	6.89%
Moderate	-0.58%	-0.91%	4.56%	8.62%	3.82%	5.09%
Conservative	-1.02%	-1.67%	1.51%	5.94%	2.25%	3.34%
Cash	0.22%	0.68%	2.74%	3.83%	3.22%	2.36%

Fund name	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
Global Equities	1.56%	2.14%	14.84%	16.73%	8.63%	10.64%
Aggressive	0.71%	1.28%	13.31%	15.47%	7.86%	9.57%
Growth	0.39%	0.72%	10.88%	13.73%	6.85%	8.58%
Balanced	-0.04%	-0.01%	7.70%	10.95%	5.29%	6.63%
Moderate	-0.49%	-0.76%	4.53%	8.21%	3.68%	4.85%
Conservative	-0.88%	-1.44%	1.59%	5.53%	2.14%	3.13%
Cash	0.19%	0.60%	2.41%	3.34%	2.81%	2.06%

Unit prices

Daily unit prices for the MAS Retirement Savings Scheme funds.

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Unit prices are not calculated on non-business days. On non-business days the unit prices that are displayed will match the next business day’s unit price.

Cumulative performance

The chart shows cumulative fund performance before tax for the MAS Retirement Savings Scheme funds. The performance graph assumes the growth of $10,000 invested since the commencement date shown for the selected performance period. Past performance is not an indicator of future performance.

Medical Funds Management Limited, JBWere (NZ) Limited Amova Asset Management New Zealand Limited and BlackRock Investment Management (Australia) 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 Retirement Savings Scheme. The Product Disclosure Statement is available at MAS Retirement Savings Scheme PDS.

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

MAS Retirement Savings Scheme Performance

Fund returns and unit prices

Fund performance

Unit prices

Cumulative performance