Irish Life Indexed North American Equity

The Indexed North American Equity Fund passively invests in North American equities, with a focus on US shares. It holds securities in a diversified portfolio and aims to match the composition of its benchmark, the MSCI North American Index. In practice, that means the fund seeks to own companies in the same proportions as the index rather than trying to pick winners.

The Indexed North American Equity Fund is designed to perform in line with the US stock market by tracking the MSCI North American Index. As a passive fund, it does not aim to outperform the market through active stock selection. Instead, it mirrors the benchmark as closely as possible using the same relative weights for its holdings.

The Indexed North American Equity Fund's holdings include major North American companies such as NVIDIA, Alphabet, Apple, Microsoft, Amazon, Broadcom, Meta Platforms, Tesla, JPMorgan Chase and Eli Lilly. These names show that the fund has meaningful exposure to large US-listed businesses across several sectors. Because it follows an index, the exact holdings reflect the benchmark rather than a manager's individual view.

The Indexed North American Equity Fund carries equity market risk, which means its value can rise and fall with the stock market. Because it focuses on North American, especially US, shares, it is also exposed to regional concentration risk, meaning events affecting that market can have a bigger impact on the fund. The fund may also use securities lending, which can add risk even though it is intended to generate extra return.

The Indexed North American Equity Fund may suit investors who want simple, broad exposure to North American equities and prefer a passive approach. It is built to track a major benchmark rather than take active bets, which may appeal to investors looking for market-matching returns. Its sector exposure spans areas such as information technology, financials, communication services and health care, giving it diversified access to the US market.