Irish Life Indexed Euro Corporate Bond

The Indexed Euro Corporate Bond Fund invests mainly in investment-grade euro corporate bonds, with the bonds maturing at different times. It also holds cash as part of the portfolio. By spreading investments across a wide range of companies that issue bonds, the fund aims to provide diversified exposure to the euro corporate bond market.

The Indexed Euro Corporate Bond Fund aims to perform in line with the Merrill Lynch EMU Large Cap Corporate Bond Index. It follows a passive investment style, which means it is designed to track the benchmark rather than try to beat it. The fund is managed by Irish Life Investment Managers.

The Indexed Euro Corporate Bond Fund is described as suitable for investors who want a reasonable return with less risk than share-based investments. It is designed for a long-term investment horizon. The fund may appeal to someone looking for bond market exposure rather than equities.

The Indexed Euro Corporate Bond Fund aims to deliver long-term returns that are greater than can typically be achieved by investing in cash or government bonds. It does this by investing in a broad range of euro-denominated corporate bonds. Because it focuses on corporate borrowers rather than governments, the return pattern can be different from more defensive bond or cash investments.

Yes, the Indexed Euro Corporate Bond Fund may use securities lending to try to earn additional return for the fund. Securities lending means the fund temporarily lends out assets and receives a payment in return. This can increase risk as well as potential return.