Bank of Ireland Life Irish Equity

Irish Equity (Series 3) (Closed to New Business) aims to generate long-term capital growth by investing in a well diversified portfolio of Irish equities. In practice, that means it mainly holds shares in companies linked to Ireland. Because it invests in equities, the fund's value can rise and fall over time.

Yes. Irish Equity (Series 3) (Closed to New Business) is an active fund, so its holdings are selected and managed by an investment manager rather than simply tracking an index. The underlying investment manager is State Street Global Advisors Europe Limited. This active approach is intended to build a diversified Irish equity portfolio.

Irish Equity (Series 3) (Closed to New Business) is designed for investors seeking long-term capital growth and who can invest for at least 5 to 7 years. Bank of Ireland Life notes that investing should be considered over the medium to long term to help reduce the impact of short-term volatility. In other words, the fund may move around in the short term, so it is better suited to investors who can ride out ups and downs.

Irish Equity (Series 3) (Closed to New Business) is exposed to equity market risk, which means its value can fall if share prices decline. It also has sustainability risks, meaning environmental, social or governance issues could affect the companies it invests in and, in turn, the fund's returns. Like all investments, even over the long term, its value will fluctuate.

Irish Equity (Series 3) (Closed to New Business) has a clear Irish focus, investing in a diversified portfolio of Irish equities rather than a broader regional or global mix. It is also marked as closed to new business, which means it is no longer accepting new investments. That makes it a more specialized offering than a typical open fund.