Irish Life Property Portfolio

Property Portfolio Fund invests in a wide range of property markets across Ireland, the UK and Europe. Irish Life Investment Managers manages a mix of direct property holdings and indirect property investments. Its approach is active, meaning the manager selects and adjusts the investments rather than simply tracking a market index.

Property Portfolio Fund aims to generate a blend of rental income and capital growth. That means it seeks both ongoing income from properties and increases in the value of the underlying assets over time. The fund name and approach suggest it is designed to provide exposure to property returns rather than equities or bonds.

Yes. Property Portfolio Fund may borrow to invest in property, which can increase both the potential return and the risk. Borrowing can magnify gains if property values rise, but it can also magnify losses if they fall.

Property Portfolio Fund carries currency risk and liquidity risk, and it may also borrow to invest. Currency risk means changes in exchange rates can affect the value of overseas investments when converted back into the fund's base currency. Liquidity risk means it may be harder to sell property assets quickly, so withdrawals, switches or transfers out of the fund may be delayed and those delays can be significant.