AIB Life Multi-Strategy Alternatives

Multi-Strategy Alternatives invests in a portfolio of other funds rather than directly in equities or bonds. The fund is diversified across different investment strategies, including income-generating strategies, risk premia and protective elements. It is designed to provide returns from sources that are not closely tied to traditional stock and bond markets.

Multi-Strategy Alternatives is managed in a multi-manager style, with ILIM selecting and monitoring the underlying fund managers. The fund invests with a range of specialist managers who focus on skill-based or alternative market returns. ILIM can change the underlying funds over time if it believes this could improve the fund’s risk or return profile.

Multi-Strategy Alternatives aims to be an alternative to equity and bond market exposure. It seeks to blend different return sources so that the fund is less dependent on the direction of shares and government or corporate bonds. For an investor, that means it may behave differently from mainstream markets and could help diversify a wider portfolio.

Multi-Strategy Alternatives uses a variety of alternative strategies, so its returns may not move in line with traditional markets. Because it invests through other funds, performance will also depend on the skill of those underlying managers and on ILIM’s selection decisions. Diversification does not remove risk, and the value of the fund can still go up and down.

Multi-Strategy Alternatives uses a range of fund managers that specialise in alternative or skill-based return sources. Examples among the larger holdings include Montlake, AQR, Ruffer SICAV, RenaissanceR Medici ICAV, LGT (LUX) I SICAV, GMO, Greencoat and International Public Partnerships Ltd. This manager mix is intended to support the fund’s diversified multi-strategy approach.