Irish Life Diverse Assets

The Diversified Assets Fund invests in a mix of four asset types: equities, bonds, commercial property and commodities such as oil and gas. By spreading investments across assets that tend to behave differently in different market conditions, the fund aims to produce steadier returns. The Diversified Assets Fund is actively managed.

The Diversified Assets Fund aims to provide mid-range managed fund returns with a lower level of risk. It does this by combining a balanced mix of commercial property, equities, bonds and commodities. This diversification is intended to help the fund perform more consistently across different market conditions.

The Diversified Assets Fund has geographic exposure to the United States, Japan, the United Kingdom, the Netherlands, France, Spain, Canada, Belgium, Germany and other markets. This means the fund is not limited to one country and can spread its investments across several economies. That can reduce reliance on any single market, although it also means returns may be affected by conditions in multiple regions.

The Diversified Assets Fund has both Irish Life Investment Managers and Setanta Asset Managers appointed by Irish Life Assurance, with Setanta Asset Managers named as the underlying investment manager. The fund is actively managed, so its holdings may be adjusted over time rather than tracking a fixed index. This can allow the managers to respond to changing market conditions.

Yes, the Diversified Assets Fund may use securities lending to earn additional return for the fund. Securities lending means the fund can temporarily lend out some of its holdings to another party for a fee. This can increase return potential, but it also adds risk because the borrower may fail to return the securities on time or in full.