Bank of Ireland Life Property

Property (Series 3) invests mainly in a diversified range of commercial properties, including office, industrial, retail and other property types. The fund also may hold indirect property investments such as third-party property funds and REITs, which are companies or funds that own income-producing property.

Property (Series 3) focuses on commercial property in Ireland, the United Kingdom and mainland Europe. Its holdings include assets in Dublin, London, Paris and Amsterdam, showing that the fund is spread across several major property markets.

Property (Series 3) aims to deliver long-term capital growth. It is actively managed by State Street Investment Management, which means the manager selects properties and related investments rather than simply tracking an index.

Property (Series 3) is designed for investors with a medium- to long-term horizon of at least 5-7 years. That longer timeframe matters because property values can move up and down over time, so holding for longer can help reduce the impact of short-term volatility, which means prices can fluctuate noticeably in the short run.

Property (Series 3) carries sustainability risks, meaning environmental, social or governance issues could affect the value or performance of its investments. As a property fund, it is also exposed to changes in property market conditions and the value of its commercial buildings and related holdings.