Bank of Ireland Life Property

Property (Series 2) invests mainly in a range of commercial properties, including office, industrial, retail and other property types. It focuses on assets in Ireland, the United Kingdom and mainland Europe, and may also hold indirect property investments such as third-party property funds and REITs. The fund is actively managed by State Street Investment Management.

Property (Series 2) aims to achieve long-term capital growth. That means it is designed to grow the value of an investor's money over time rather than generate a regular income focus. The fund is intended for medium to long-term investing, with a suggested horizon of at least 5-7 years.

Property (Series 2)'s listed top holdings include office and commercial properties such as 1 Rue St. Georges in Paris, 15 Grosvenor St in London, and 5 and 6 Georges Dock in Dublin. The holdings also include properties in Amsterdam and other European locations, as well as Windwise Property Fund. This shows the fund has exposure across several major cities in Ireland, the U.K. and mainland Europe.

Property (Series 2) may suit investors who want exposure to commercial property and are comfortable with a medium to long-term investment horizon. The fund is classified with a relatively high risk rating of 6, which means its value can move up and down quite a bit. Sustainability risks are also noted, meaning environmental, social or governance issues could affect the value of some property investments.

Yes. The factsheet states that the deferral period for investing in or out of Property (Series 2) has been removed. In plain language, this means investors are no longer required to wait before their money is processed into or out of the fund.