Irish Life Indexed UK

The Indexed UK Equity Fund concentrates on UK equities and is designed to reflect the UK stock market. It invests across a broad spread of sectors, including Financials, Health Care, Industrials, Consumer Staples, Energy and Materials. Its benchmark is the MSCI UK Index, so the fund aims to mirror the average return of the shares in that index.

The Indexed UK Equity Fund follows a passive approach, meaning it is not trying to pick individual winners or beat the market. Instead, Irish Life Investment Managers aims for the fund to perform in line with the MSCI UK Index. In practical terms, the fund seeks to match the overall movement of UK shares rather than take a more active stock-picking view.

The Indexed UK Equity Fund has holdings in major UK-listed companies such as HSBC Holdings, AstraZeneca, Shell, Rolls-Royce Holdings, British American Tobacco, Unilever, BP, Rio Tinto, GSK and National Grid. These names show that the fund is invested across a mix of financial, healthcare, energy, industrial and consumer businesses. That broad mix helps it reflect the composition of the UK equity market.

Yes. The Indexed UK Equity Fund may use securities lending, which means it can temporarily lend some of its holdings to other market participants in exchange for extra income. This can help increase returns, but it also adds risk because the fund is taking on the possibility that the borrower may not return the securities as agreed.

The Indexed UK Equity Fund may suit investors who want straightforward exposure to the UK stock market rather than a fund that tries to outperform it. Because it is focused on UK equities and aims to move in line with the MSCI UK Index, it is designed for those looking for broad market exposure to UK shares. Investors should also be comfortable with equity risk, which means the fund's value can rise or fall as share prices move.