Bank of Ireland Life Irish Equity

Irish Equity (Series 2) (Closed to New Business) aims to generate long-term capital growth by investing in a well-diversified portfolio of Irish equities. In simple terms, it mainly buys shares in Irish companies, so returns will be closely tied to how those companies and the Irish stock market perform. The fund is actively managed by State Street Global Advisors Europe Limited.

Irish Equity (Series 2) (Closed to New Business) is designed for investors with a medium to long-term horizon of at least 5 to 7 years. That time frame matters because equity markets can rise and fall over shorter periods, and this fund is focused on long-term capital growth. It is closed to new business, so it is not available for new investments.

Irish Equity (Series 2) (Closed to New Business) is exposed to sustainability risks, which means environmental, social, or governance-related events could hurt the value of the companies it holds. Because it invests in equities, the impact of such events can be significant if a holding is affected. The fund also has a high SRI rating of 7, which suggests it sits toward the higher end of the risk scale.

Irish Equity (Series 2) (Closed to New Business) invests in a well-diversified portfolio of Irish equities, rather than concentrating on a single company or sector. Diversification means spreading investments across several holdings so that a problem in one company may have less impact on the overall fund. However, the fund is still geographically focused on Ireland, so it remains linked to the Irish market.