New Ireland Evergreen
Managed Balanced (<65% Equity)
This fund aims to generate long term capital growth by investing in a diversified mix of asset classes including equities, bonds and property across multiple geographical regions. Evergreen typically holds between 40-60% in equities, 20-30% in property with the remainder made up of high quality government and corporate bonds and cash. Returns in the fund roll up net of taxation.
This fund aims to generate long term capital growth by investing in a diversified mix of asset classes including equities, bonds and property across multiple geographical regions. The fund which launched in 1971 is Irelands longest running managed fund. Evergreen typically holds between 40-60% in equities, 20-30% in property with the remainder made up of high quality government and corporate bonds and cash. Returns in the fund roll up net of taxation.
1
2
3
4
5
6
7
2344.30
EUR
+430.59 (+22.50%) past 3 year
as of 19 May 2026Equities
58.5
Property
21.4
Government Bonds
8.2
Corporate Bonds
7.1
Cash
4.8
Fund insights
Detailed information extracted from the fund factsheet.
Managed by State Street Investment Management
For some funds that invest in shares or bonds, the assets in that fund may be used for the purpose of securities lending in order to earn an additional return for the fund. While securities lending increases the level of risk within a fund it provides an opportunity to increase the investment return.
Manager commentary - March 2026
Global markets weakened in March, as war in the Middle East saw energy prices rise and reignite inflation concerns, leading investors to adopt a risk-off approach. All global market regions struggled in March, although the US market recovered some of its previous 2026 underperformance relative to Europe and Asia. On a sector basis, energy was unsurprisingly the leading performer (and the only sector with a positive return). Utilities and technology sectors were the best of the rest. Bond markets were also down as expectations for lower interest rates fell because of higher inflation concerns, impacting investor demand.
- Gordon Kearney, Investment Manager, State Street Investment Solutions GroupFrequently asked questions
Common questions about New Ireland Evergreen.
Evergreen Fund (2) aims to generate long-term capital growth by investing in a diversified mix of asset classes. It typically holds 40-60% in equities, 20-30% in property, and the remainder in high-quality government and corporate bonds and cash. The fund is managed actively and invests across multiple geographical regions.
Evergreen Fund (2) is recommended for a medium to long-term investment horizon of at least 5-7 years. That time frame can help investors ride out short-term market ups and downs in a fund that holds shares, property and bonds. The fund is described as medium risk.
Evergreen Fund (2) holds a mix of large global companies and property assets. Its listed holdings include Alphabet, Amazon, Apple, Microsoft, Nvidia Corporation, Taiwan Semiconductor and Visa, alongside property-related assets such as 1 Rue St. Georges in Paris, 15 Grosvenor St in London and St Stephen's Green House in Dublin. This shows the fund's diversified approach across both equities and property.
Evergreen Fund (2) carries medium risk and lists sustainability risks among its key risks. Sustainability risks mean environmental, social or governance issues could affect how some of the fund's investments perform. The fund may also use securities lending, which can increase risk even though it may add extra return potential.
Evergreen Fund (2) seeks long-term capital growth from both market movements and income from its mixed asset allocation. The fund's returns roll up net of taxation, meaning gains are reinvested after tax rather than paid out immediately. It is backed by State Street Investment Management as the underlying investment manager.
New Ireland Evergreen
Get free, expert advice on this fund from a regulated advisor
Regulated advisors
No obligation
100% free advice