Acorn Life Dynamic Select

The Dynamic Select Fund is invested mainly in a diversified mix of equities, with lower levels in property-related assets, fixed income assets such as corporate and government bonds, and alternatives. It may also hold cash temporarily as part of portfolio management. This means the fund is built to spread money across different types of assets rather than rely on one area alone.

The Dynamic Select Fund may suit investors who are willing to accept a medium to high level of risk and the ups and downs that come with it in exchange for the prospect of higher expected returns over the medium to long term. The fund is described as suitable for an investment horizon of at least 7 years. Investors should be prepared for the value to fall as well as rise.

The Dynamic Select Fund is implemented through an arrangement between Acorn Life DAC and Mercer Global Investments Europe Limited, with Mercer selecting and monitoring third-party investment managers. The fund uses a passive investment style and is managed by Mercer Global Investments Europe Limited. In practice, this means the portfolio is designed to track the relevant underlying benchmark rather than rely on active stock-picking.

The Dynamic Select Fund is classified as medium-high risk and carries market risk and currency risk. Market risk means the value of the investments can go up or down with general market movements, while currency risk means overseas investments may be affected by changes in exchange rates. As a result, investors could get back less than they originally invested.