Irish Life Diversified Growth

The Diversified Growth Fund invests largely in shares, with the rest spread across property, commodities and hedge funds. It is designed to combine growth potential with fewer ups and downs than a pure equity fund. In practice, that means it is still focused on higher-return assets but with broader diversification across asset classes.

Yes, the Diversified Growth Fund is described as suitable for investors with a high number of years to retirement who want an aggressive growth strategy. Its objective is to deliver a return similar to a typical managed fund but with lower volatility. That makes it more suitable for investors who can stay invested for a long period and tolerate market swings.

The Diversified Growth Fund uses a mix of shares and other asset classes to try to smooth returns while still aiming for strong growth. Property, commodities and hedge funds can behave differently from shares, which may help reduce how much the fund moves up and down. This can make the overall portfolio less concentrated in one type of market risk.

The Diversified Growth Fund carries currency exchange rate risk, meaning changes in exchange rates can affect returns when investments are held in different currencies. Its assets may also be used for securities lending, which can increase risk even though it may add extra return. Parts of the fund may borrow money to invest in property, which can increase gains and losses.

The Diversified Growth Fund is managed by Irish Life Investment Managers. The fund is run as a mixed-asset strategy across regions including the US, Eurozone, Japan, the UK and Asia Pacific ex Japan. That broad geographic spread supports its aim of diversified growth rather than relying on one market.