Acorn Life Dynamic Multi-Manager

The Dynamic Multi-Manager Fund invests mainly in a diversified mix of equities. It can also hold smaller allocations to property-related assets, fixed income assets such as corporate and government bonds, and alternatives, and it may temporarily hold cash for portfolio management. This broad mix means the fund is not limited to one asset class.

The Dynamic Multi-Manager Fund is implemented through an arrangement between Acorn Life DAC and Mercer Global Investments Europe Limited. Mercer selects, monitors and where necessary replaces third-party investment managers, using specialist active and passive managers. The fund’s allocations are regularly reviewed and may change over time as Mercer’s views change.

The Dynamic Multi-Manager Fund is potentially suitable for investors who are willing to accept a medium to high level of risk in exchange for the prospect of higher expected returns over the medium to long term. The recommended investment horizon is at least 7 years. Because the fund’s value can rise and fall, it is aimed at investors who can tolerate volatility.

The Dynamic Multi-Manager Fund is classified as medium-high risk and its value can fluctuate, sometimes significantly. Its main risks are market risk and currency risk. Market risk means investments can lose value when markets fall, while currency risk means foreign exchange movements can affect returns if the fund holds assets in different currencies. Investors may get back less than they originally invested.