Irish Life Multi-Asset Portfolio 2
Managed Defensive (<35% Equity)
This fund is a mix of assets such as bonds, shares, property, cash and externally managed specialist funds. It also features several risk management strategies including those with a focus on sustainability. This is a low risk fund which aims to have a small allocation to higher risk assets such as shares and property. The fund manager monitors and rebalances the fund regularly and may change the mix over time.
To achieve positive returns while managing the fund within its target risk level.
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135.30
EUR
+19.76 (+17.10%) past 3 year
as of 19 May 2026Fund insights
Detailed information extracted from the fund factsheet.
Managed by Irish Life Investment Managers
Non euro currency exposures may be fully or partly hedged back to euro to reduce foreign currency risk.
The assets in this fund may be used for the purposes of securities lending in order to earn an additional return for the fund. While securities lending increases the level of risk within the fund it also provides an opportunity to increase the investment return.
ESG & sustainability
In line with the overall fund objective, the fund targets investment in strategies which help contribute to achieving its sustainability goals. This involves selecting strategies which exclude or reduce exposure to companies with poorer sustainability characteristics and increasing exposure to companies with better sustainability characteristics. Sustainability characteristics are also considered in the selection of property and alternative funds.
The fund targets investment in strategies which help contribute to achieving its sustainability goals by selecting strategies which exclude or reduce exposure to companies with poorer sustainability characteristics and increasing exposure to companies with better sustainability characteristics.
Frequently asked questions
Common questions about Irish Life Multi-Asset Portfolio 2.
Multi-Asset Portfolio 2 invests across a mix of asset classes, including bonds, shares, property, cash and externally managed specialist funds. The fund is designed to keep only a small allocation to higher-risk assets such as shares and property. Irish Life Investment Managers manages the underlying asset mix and may change it over time.
Multi-Asset Portfolio 2 is described as a low risk fund and aims to stay within a target risk level. It uses several risk management approaches, including diversification, rebalancing, low volatility controls and a dynamic shift between shares and cash. Diversification means spreading money across different investments so one weak area may have less impact on the overall fund.
Yes, Multi-Asset Portfolio 2 includes sustainability-focused strategies as part of its overall approach. It targets investments that exclude or reduce exposure to companies with poorer sustainability characteristics and increase exposure to those with better characteristics. Sustainability is also considered when selecting property and alternative funds.
Multi-Asset Portfolio 2 may fully or partly hedge non-euro currency exposures back to euro. This is used to reduce foreign currency risk, which is the chance that exchange-rate movements could affect returns when the fund holds assets priced in other currencies. The fund still aims to manage this risk rather than eliminate it completely.
Multi-Asset Portfolio 2 aims to achieve positive returns while being managed within its target risk level. It is intended for investors who want a mixed-asset fund with a low-risk profile rather than a portfolio focused mainly on higher-risk shares. The manager reviews and rebalances the fund regularly to help keep it aligned with that objective.
Irish Life Multi-Asset Portfolio 2
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