Irish Life Global Select

The Global Select Fund invests mainly in equities, meaning shares in companies. It holds stocks from around the world across sectors such as Information Technology, Financials and Consumer Discretionary. The fund is actively managed by Setanta Asset Management, which selects holdings after detailed analysis.

The Global Select Fund follows a value style of investing. Setanta Asset Management looks for companies they believe are good value and have strong long-term business prospects. The fund’s active approach means the manager makes stock selection decisions rather than simply tracking an index.

The Global Select Fund is globally invested and can hold companies from around the world. Its geographic allocation includes the United States, Ireland, France, Taiwan and Korea, Republic of, among others. This broad spread can reduce reliance on any single market, although it also means investors are exposed to movements in different countries and currencies; currency risk means exchange-rate changes can affect returns when investments are held in foreign markets.

The Global Select Fund’s top holdings include Taiwan Semiconductor Manufacturing, Alphabet, Microsoft, Samsung Electronics and Meta Platforms. Other large positions include Keysight Technologies, Berkshire Hathaway, Amazon, Netflix and CRH. These names suggest the fund has meaningful exposure to major global technology and consumer companies.

The Global Select Fund may suit investors looking for diversified global equity exposure with an active, value-oriented manager. Because it invests in shares, its value can rise and fall with stock markets. That means investors should be comfortable with equity risk, which is the chance that share prices can move sharply up or down.