Funds under management exceed $1.5bn for the first time

The combined funds under management (FUM) of the MAS KiwiSaver and the MAS Retirement Savings Plan have exceeded $1.5 billion for the first time ¹.

We created this infographic to highlight some of the achievements of the MAS KiwiSaver Plan and the MAS Retirement Saving Plan.

1st
The MAS KiwiSaver Plan is the largest restricted scheme by Funds Under Management ².

3rd
The MAS KiwiSaver Plan has the third highest average member balance in the market ($45,000) ³.

Contributions received
The MAS KiwiSaver Plan and the MAS Retirement Savings Plan received total contributions of $158,000,000 in the year ended 31 March 2018 – equivalent to about $430,000 per day.

Number of accounts
21,815
There are 15,134 accounts in the MAS KiwiSaver Plan and 6,717 in the MAS Retirement Savings Plan. Up 1,021 or 4.9% from the previous year.

Tax credits
We claimed $5,300,000 Member Tax Credits on behalf of investors in the 2017-18 financial year.