MAS Growth

MAS Growth charges a total annual fee of 0.99 per cent and sits 5th in its category over one year, with a return of 12.2 per cent. The fund holds $550 million in member assets and allocates 81 per cent to growth assets, split between 55 per cent international shares, 24 per cent Australasian shares, and 18 per cent in bonds and cash.

The international shares lean heavily into US technology, with Nvidia at 2.66 per cent, Apple at 2.19 per cent, Alphabet at 1.65 per cent and Micron at 1.6 per cent among the top ten. The Australasian allocation is concentrated in New Zealand, led by Fisher & Paykel Healthcare at 3.96 per cent, Infratil at 3.82 per cent, Auckland Airport at 1.85 per cent and Meridian Energy at 1.55 per cent. The largest single holding is the Hunter Global Fixed Interest Fund at 11.5 per cent, which accounts for the entire international bond allocation.

Over three years the fund returned 14.0 per cent annually and ranked 9th in its category. The five-year return was 7.4 per cent annually, placing it 10th. The fund is a high-growth option built around a core of New Zealand infrastructure and healthcare stocks alongside global technology exposure.

General information only, not financial advice. Past performance is not a reliable indicator of future results.