Irish Life Commodities Index
Equity Materials
The Indexed Commodities Fund aims to track the performance of the overall commodities markets (oil, gas and so on). It currently tracks the Goldman Sachs Light Energy Index. In the past, commodities have given similar levels of returns to shares over the long-term. However, they tend to behave differently to all other assets. For this reason commodities are often good to invest in if an investor has already invested in shares and bonds. This may help reduce the overall risk over the long term. This fund does not invest in physical commodities but invests in financial instruments that are linked to the price of these. The Indexed Commodities Fund invests in financial instruments linked to the price of commodities. The counterparty to these financial instruments is Goldman Sachs International but this could change in the future. Counterparty risk is the risk that Goldman Sachs International cannot pay what they owe. This could mean that an investor receives less than the amount invested in the fund.
To perform in line with the Goldman Sachs Light Energy Total Return Index
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105.10
EUR
+23.69 (+29.10%) past 3 year
as of 19 May 2026Frequently asked questions
Common questions about Irish Life Commodities Index.
The Indexed Commodities Fund does not buy physical commodities such as barrels of oil or metal bars. Instead, it invests in financial instruments whose value is linked to commodity prices. Its exposure is currently tied to the Goldman Sachs Light Energy Total Return Index.
The Indexed Commodities Fund aims to perform in line with the Goldman Sachs Light Energy Total Return Index. It uses a passive approach, so the fund is designed to track the index rather than try to beat it. This means its returns should broadly move with the chosen commodities index.
The Indexed Commodities Fund may appeal to investors who already hold shares and bonds and want extra diversification. Commodities often behave differently from other asset classes, so they can help reduce overall portfolio risk over the long term. That means they may not rise and fall at the same time as shares or bonds.
The Indexed Commodities Fund has counterparty risk and currency risk. Counterparty risk means the firm on the other side of the linked financial instruments, currently Goldman Sachs International, might not pay what it owes, which could leave the investor with less than expected. Currency risk means changes in exchange rates can affect returns if the fund’s holdings or index exposure are influenced by foreign currencies.
Irish Life Commodities Index
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