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Irish Life Portfolio Pension 2

Multi-Asset

Managed Defensive (<35% Equity)

This fund is a mix of assets such as bonds, shares, property and cash. 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.

StatusOpen for Investment
SFDRArticle 8

Risk rating

1

2

3

4

5

6

7

127.10

EUR

+17.25 (+15.70%) past 3 year

as of 19 May 2026

Fund insights

Detailed information extracted from the fund factsheet.

Managed by Irish Life Investment Managers

Currency hedging

Non euro currency exposures may be fully or partly hedged back to euro to reduce foreign currency risk.

Securities lending

The assets in this fund may be used for the purposes of securities lending in order to earn an additional return for the fund.

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.

Positive screening

The fund targets investment in strategies which help contribute to achieving its sustainability goals by increasing exposure to companies with better sustainability characteristics.

Frequently asked questions

Common questions about Irish Life Portfolio Pension 2.

Portfolio Pension 2 Series W invests across a mix of asset classes, including bonds, shares, property, cash and alternatives. It is designed to keep only a small allocation to higher-risk assets such as shares and property. The fund manager can change the mix over time and rebalances it regularly to stay within its target risk level.

Portfolio Pension 2 Series W targets investments that support its sustainability goals by excluding or reducing exposure to companies with poorer sustainability characteristics. It also aims to increase exposure to companies with better sustainability characteristics. Sustainability characteristics are considered not only for company investments, but also when selecting property and alternative funds.

Portfolio Pension 2 Series W is described as a low risk fund, with only a small allocation to higher-risk assets such as shares and property. Its main identified risk is currency risk, which means foreign currency movements can affect the value of investments held outside the euro. The fund may hedge some or all non-euro exposure back to euro to reduce that risk.

Portfolio Pension 2 Series W aims to achieve positive returns while keeping the fund within its target risk level. It combines active and passive multi-strategy investing, with Irish Life Investment Managers as the underlying investment manager. This may suit investors looking for a diversified, lower-risk pension option with sustainability considerations built in.

Yes, Portfolio Pension 2 Series W may use securities lending to earn an additional return for the fund. This means the fund can temporarily lend some of its assets to others in exchange for a fee. Securities lending can add return, but it can also introduce some extra risk if a borrower fails to return the assets as agreed.

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Irish Life Portfolio Pension 2

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