Acorn Life Diversified Select

The Diversified Select Fund generally holds a diversified mix of equities as its largest asset holding, together with a significant allocation to fixed income assets such as corporate and government bonds. It also has lower levels of exposure to property-related assets and alternatives, and may hold cash temporarily as part of portfolio management. This mix means the fund is spread across several asset types rather than relying on one market.

The Diversified Select Fund is potentially suitable for investors willing to accept a medium level of risk in pursuit of higher expected returns over the medium to long term. The fund’s recommended investment horizon is at least 7 years. As with all investment funds, capital is not secure and the value can go down as well as up, so an investor could get back less than they originally invested.

The Diversified Select Fund is implemented through an arrangement between Acorn Life DAC and Mercer Global Investments Europe Limited. Mercer selects and monitors third-party investment managers for the fund’s portfolio. Mercer Global Investments Europe Limited is regulated by the Central Bank of Ireland.

The Diversified Select Fund is exposed to market risk and currency risk. Market risk means the value of the fund can rise or fall because of movements in financial markets, while currency risk means overseas investments can be affected by changes in exchange rates. The fund is designed to reduce risk by investing across different sectors and geographic regions, but losses can still occur.

The Diversified Select Fund is a mixed-asset fund with a meaningful allocation to equities as well as fixed income, rather than focusing mainly on bonds or cash. That gives it the potential for higher returns than more defensive funds, but also more volatility. It is aimed at investors seeking growth over a medium to long-term period rather than short-term stability.