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Aviva AIMS Target Return Fund (Ireland)

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Alternative Strategy

The AIMS Target Return Fund (Ireland) invests in the Aviva Investors Multi-Strategy (AIMS) Target Return Fund (the "underlying fund"), a sub fund of the Aviva Investors Luxembourg SICAV. The underlying fund targets an annual return of cash plus five per cent per annum above the central bank base rate over rolling three-year periods (gross of fees), with less than half the volatility of global equities. The fund aims to produce steady returns in all market conditions. It seeks to deliver returns less correlated to other asset classes, acting as a diversifier within investors’ broader portfolios through its unconstrained absolute approach. The fund harnesses the idea generation and investment expertise of the whole of Aviva Investors and is an ESG Article 8 fund under EU SFDR. A small portion of the fund may also be held in cash for liquidity purposes.

The AIMS Target Return Fund (Ireland) invests in the Aviva Investors Multi-Strategy (AIMS) Target Return Fund (the "underlying fund"), a sub fund of the Aviva Investors Luxembourg SICAV. The underlying fund targets an annual return of cash plus five per cent per annum above the central bank base rate over rolling three-year periods (gross of fees), with less than half the volatility of global equities.

StatusOpen for Investment
Fund size€134M
SFDRArticle 8
ManagerPeter Fitzgerald, Ian Pizer

Risk rating

1

2

3

4

5

6

7

What Aviva says about Risk 4 fundsMediumFunds typically investing in a mix of asset types with the potential for better long-term returns than lower-risk funds. Greater risk that value could fall compared with lower-risk funds.
1230.30

EUR

+152.04 (+14.10%) past 3 year

as of 19 May 2026

Fund insights

Detailed information extracted from the fund factsheet.

Underlying fund: Aviva Investors Multi-Strategy (AIMS) Target Return Fund

Derivatives

The funds make use of derivatives. Where derivatives do not perform as expected, the fund could suffer significant losses.

ESG & sustainability

The fund harnesses the idea generation and investment expertise of the whole of Aviva Investors and is an ESG Article 8 fund under EU SFDR.

Frequently asked questions

Common questions about Aviva AIMS Target Return Fund (Ireland).

The AIMS Target Return Fund (Ireland) Series C invests in the Aviva Investors Multi-Strategy (AIMS) Target Return Fund, which is the underlying fund. That underlying fund uses a multi-strategy, absolute-return approach across asset classes including equities, commodities and cash. It may also hold a small amount of cash for liquidity purposes.

The AIMS Target Return Fund (Ireland) Series C seeks to target an annual return of cash plus five per cent per annum above the central bank base rate over rolling three-year periods, before fees. It also aims for less than half the volatility of global equities. There is no guarantee that the fund will achieve this target.

The AIMS Target Return Fund (Ireland) Series C is designed to act as a diversifier within a broader portfolio. Its unconstrained absolute-return approach aims to deliver returns that are less correlated to other asset classes, which means it may not move in the same direction as mainstream markets. This can help reduce reliance on any single market driver, although capital is still at risk.

The AIMS Target Return Fund (Ireland) Series C carries market fluctuations, currency risk, counterparty risk, derivative risk, liquidity risk and inflation risk. Currency risk means exchange-rate moves can help or hurt returns when investments are linked to different currencies. The fund also uses derivatives, so if they do not perform as expected, the fund could suffer significant losses.

The AIMS Target Return Fund (Ireland) Series C is an ESG Article 8 fund under EU SFDR. Its approach is to harness the idea generation and investment expertise of the wider Aviva Investors business while following this ESG framework. The factsheet does not provide detailed screening or exclusion rules for this share class.

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Aviva AIMS Target Return Fund (Ireland)

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