PENSIONS
INVESTMENTS
LIFE INSURANCE
MODERATE GROWTH FUND
Information is correct at 31 January 2021
FUND FACTS
FUND DESCRIPTION
OBJECTIVE
To achieve positive returns while managing the fund
within its target risk level.
INVESTMENT
STYLE
Active & Indexed Multi Strategy
RISK LEVEL
1
2
LOW RISK
3
4
5
MEDIUM RISK
6
7
HIGH RISK
This fund is a mix of assets such as bonds, shares and property. It
features several risk management strategies and may invest in cash
from time to time.
This is a medium risk fund, which aims to have a moderate allocation to
high risk assets such as shares and property. Irish Life Investment
Managers monitors and rebalances the fund regularly and may change
the mix over time.
Warning: If you invest in this product you may lose some or all
of the money you invest.
ASSET ALLOCATION
SHARES
Alternatives 18.0%
62.4%
Global Shares (DSC)
39.8%
Global Low Volatility Shares
13.1%
Option Strategy
6.6%
Infrastructure Equities
2.9%
ALTERNATIVES
18.0%
BOND
11.6%
Bond 11.6%
Shares 62.4%
Property 7.1%
Emerging Market Bonds
7.1%
High Yield Bonds
3.4%
Corporate Bonds
1.1%
PROPERTY
7.1%
CASH
0.9%
Cash 0.9%
SHARE REGIONAL DISTRIBUTION
TOP TEN SHARE HOLDINGS
STOCK NAME
Other 4.5%
Eurozone 9.7%
UK 3.6%
US 59.1%
Europe ex Eurozone
ex UK 5.6%
APPLE INC
3.4%
MICROSOFT CORP
2.4%
AMAZON.COM INC
1.9%
ALPHABET INC
1.7%
Japan 7.4%
Asia Pacific ex Japan
2.0%
Emerging Market
8.1%
% of FUND
TAIWAN SEMICONDUCTOR MANUFACTURING
0.8%
ALIBABA GROUP HOLDING LTD
0.7%
TENCENT HOLDINGS LTD
0.7%
AMERICAN TOWER CORP
0.7%
VISA INC
0.6%
PROCTER & GAMBLE CO (THE)
0.6%
The assets in this fund may be used for the purposes of securities lending in order to earn an additional return for the fund. While securities lending
increases the level of risk within the fund it also provides an opportunity to increase the investment return. Part of this fund may borrow to invest in
property. Non euro currency exposures may be fully or partly hedged back to euro to reduce foreign currency risk. High Yield Bonds are sub-advised by
an external manager.
This fund is provided by Irish Life Assurance plc and is managed by Irish Life Investment Managers Limited.
Warning: This fund may be affected by changes in currency exchange rates.
SHARE SECTOR DISTRIBUTION
RISK MANAGEMENT STRATEGIES
SECTOR
% of FUND
Information Technology
19.4%
Consumer Discretionary
12.5%
Health Care
12.0%
Financials
11.4%
Industrials
9.4%
Communication Services
8.4%
Consumer Staples
6.5%
Utilities
5.6%
Materials
4.4%
Other
This fund uses a diversified range of risk management
strategies. These aim to reduce the impact of the various ups
and downs the fund may experience. Currently:
- Portfolio Rebalancing
- The Dynamic Share to Cash (DSC) model
- Global Low Volatility Shares
- Option Strategy
- Currency Hedging
Risk management strategies will be reviewed regularly and may
be changed.
10.4%
CALENDAR YEAR RETURN
Fund
2018
2019
2020
YTD
-4.52%
12.20%
-0.27%
0.00%
PERFORMANCE AS AT 31/01/2021
Fund
1 Month
3 Month
1 Year
3 Year p.a.
Since Launch p.a.
0.00%
7.35%
0.00%
1.61%
2.85%
CUMULATIVE PERFORMANCE
Performance %
12
10
8
6
4
2
0
-2
-4
05/17
10/17
03/18
08/18
01/19
06/19
11/19
04/20
09/20
Fund returns are quoted before taxes and after a standard annual management charge of 0.36%. Annual fund management charges are calculated
and deducted based on the offer price of the fund. The unit price and value of the fund are always quoted after an allowance has been made for the
fund management charge. There is no Bid/Offer spread.
Launch Date (for the series used in the above performance illustration) = 15 May 2017; YTD = year to date; p.a. = per annum
Source: Irish Life Investment Managers
Warning: Past performance is not a reliable guide to future performance.
Warning: The value of your investment may go down as well as up.
Irish Life Investment Managers are recognised internationally for their
expertise, innovation and track record:
-4 STAR AWARD IN THE IRISH LIFE PENSION FUND GRESB 2020
-INVESTMENT MANAGER OF THE YEAR Irish Pensions Awards 2020
-EXCELLENCE IN DC AWARDS Irish Pensions Awards 2020
-PASSIVE MANAGER OF THE YEAR European Pensions Awards 2018
Irish Life Assurance p.l.c. is regulated by the Central Bank of Ireland.
Irish Life Investment Managers Limited is regulated by the Central Bank of Ireland.
To find out more about our fund range and to view the latest
market and fund manager updates please visit:
http://www.irishlifecorporatebusiness.ie
EY2-NET-0121