Acorn Life Moderate Select

The Moderate Select Fund invests mainly in equities and fixed income assets, with lower levels in other assets such as cash. Its portfolio is designed to be diversified so that returns are not dependent on any one market or sector. The fund seeks to add value through both asset allocation and stock selection.

The Moderate Select Fund is potentially suitable for investors willing to accept a low to medium level of risk in pursuit of a higher expected medium to long-term return than fixed income assets alone or deposits. Acorn Life classifies the Moderate Select Fund as medium-low risk. It is aimed at investors with a medium to long-term horizon, at least 7 years.

The Moderate 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 on behalf of the fund. This structure means the fund is overseen by Mercer Global Investments Europe Limited, which is regulated by the Central Bank of Ireland.

The Moderate Select Fund is exposed to market risk and currency risk. Market risk means the value can move up or down because of changes in markets generally. Currency risk means investments held in foreign currencies can be affected if exchange rates move against them.