We’re upfront about our fees and try to keep them as simple as possible.
We don’t charge any one-off fees and it is free to transact on your account, including entering, leaving, or switching between funds.
Our fees are made up of 2 components. Each fund has a basic manager’s fee, which is what we charge for managing your money, and other charges that cover expenses and any underlying manager fees.
| Fund | Manager's basic fee | Other management and administrative charges1 (estimated % of net asset value) |
Total annual fund charges (estimated % of net asset value) |
| Global Equities | 0.89% | 0.10% | 0.99% |
| Aggressive | 0.87% | 0.12% | 0.99% |
| Growth | 0.86% | 0.13% | 0.99% |
| Balanced | 0.85% | 0.14% | 0.99% |
| Moderate | 0.78% | 0.17% | 0.95% |
| Conservative | 0.66% | 0.19% | 0.85% |
| Cash | 0.24% | 0.01% | 0.25% |
1 Other management expenses incurred in operating each Fund.
You can find the actual fees charged for the most recent financial year in the quarterly fund updates, by visiting the forms and documents section of the MAS website.
You can find out more about how our fees and charges work in the MAS Investment Funds Product Disclosure Statement. Medical Funds Management Limited is the issuer and manager of the Scheme.
If you would like to talk to a MAS Adviser, phone 0800 800 627 or email info@mas.co.nz.