The properties of a GaN Metal–Semiconductor Field Effect Transistor were studied based on two-dimensional full band Monte Carlo simulations. The dependences of the distributions of the electric potential, electron concentration, electric field, drift velocity, and average electron energy on the gate–source voltage (VGS) and drain–source voltage (VDS) were obtained, then the characteristics of the drain current (IDS) versus the drain–source voltage (VDS) and the transconductance (Gm) versus VGS characteristics were determined. At VDS=15V and VGS=0V,IDS is 5.03 A/cm, which is higher value. The Gm−VGS curve shows bell shaped and the maximum Gm is 112 ms/mm at VDS=15V and VGS=1.5V. The current gain cutoff frequency (fT) is 98GHz at VDS=15V and VGS=0V.