New Ireland iFunds 3
Managed Defensive (<35% Equity)
iFunds 3 has been designed to have exposure to a range of asset classes to provide the greatest return potential, a range of funds to offer multiple sources of potential return and a range of global fund managers as no one fund manager will get it right all the time. The fund aims to generate capital growth over the medium to long term and to manage risk consistent with the fund's risk level.
iFunds 3 is a diversified portfolio of funds designed and managed for customers looking for a Low to Medium Risk investment. Risk within iFunds 3 is managed in a number of different ways - by providing exposure to leading investment managers and a diverse range of asset classes and by ensuring the mix and type of assets are suitable for the targeted risk level.
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136.00
EUR
+22.00 (+19.30%) past 3 year
as of 19 May 2026Bonds
46.7
Equities
24.9
Cash
10
Alternative Investments
8.1
Commodities
5.7
Fund insights
Detailed information extracted from the fund factsheet.
Some funds may use shares or bonds held for the purposes of securities lending. While this increases the level of risk within a fund it provides an opportunity to increase the investment return.
Manager commentary - March 2026
Markets were weaker in March as global equities fell and bonds also softened. The political backdrop turned tense after the US and Israel carried out attacks on Iranian military and energy sites and Iran responded, raising fears of a wider conflict and pushing oil prices sharply higher. Commodities were the main positive, while investors grew more cautious as geopolitical risks increased
- Tom Baragry, Head of Multi Manager, BOI Investment MarketsFrequently asked questions
Common questions about New Ireland iFunds 3.
iFunds 3 S3 R is designed to invest across a broad mix of asset classes, including equities, bonds, property, alternatives and cash. It seeks exposure to multiple sources of potential return by using a range of underlying funds rather than relying on one market or one manager. The fund is globally diversified, so its holdings can come from different regions and sectors.
iFunds 3 S3 R is actively managed by Bank of Ireland Investment Markets. The fund is built around a multi-manager approach, with a range of global fund managers used because the manager does not expect any single manager to get every decision right all the time. This approach is intended to add diversification and support capital growth over the medium to long term.
iFunds 3 S3 R holds a diversified set of underlying funds, including global equity funds from Arrowstreet, LA Capital, Schroder, Walter Scott and Dodge & Cox, plus US equity exposure through SSGA and emerging markets exposure through Driehaus. It also includes bond funds such as PIMCO Global Aggregate Bond Fund and M&G Short Dated Corporate Bond Fund, along with a Technology Indexed Fund. This mix shows that the portfolio is spread across equities and fixed income rather than concentrated in a single style.
iFunds 3 S3 R is aimed at investors seeking capital growth over the medium to long term, with a recommended investment horizon of at least 5 to 7 years. It is described as a low to medium risk fund, which means it is designed to be less volatile than higher-risk equity-only options, though it can still rise and fall in value. The fund may suit investors who want diversified exposure without taking a highly aggressive approach.
The key risk highlighted for iFunds 3 S3 R is sustainability risk, meaning investments may be affected by environmental, social or governance issues that could influence their value. Because the fund also uses underlying funds across different asset classes, performance can be affected by movements in share prices, bond markets and other markets it holds. Some underlying funds may also use securities lending, which can increase risk; this means parts of the portfolio can be temporarily lent out to seek extra return, but that adds some additional exposure.
New Ireland iFunds 3
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