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New Ireland iFunds 3 Alpha

Multi-Asset

Managed Balanced (<65% Equity)

No one asset class, fund or fund manager will perform well all of the time. This is why iFunds 3 Alpha 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.

The aim of the Private Banking Investment Selection Conservative Fund is to minimise downside risk while seeking modest capital appreciation through investment in a range of asset classes,sectors, regions and investment styles. BOIPB manage the Conservative Fund in a cautious manner with an appropriate mix of equities for growth, alternatives and absolute return for diversification, and bonds for income. The risk profile of the Conservative Fund option is low to medium risk.

StatusOpen for Investment
SFDRArticle 6
ManagerBank of Ireland Investment Markets
FocusGlobal

Risk rating

1

2

3

4

5

6

7

170.90

EUR

+26.92 (+18.70%) past 3 year

as of 19 May 2026
Asset Breakdown

Fixed Interest

46.53

Equities

25.17

Alternatives

14.27

Cash

5.6

Property

4.9

Fund insights

Detailed information extracted from the fund factsheet.

Securities lending

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

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 Markets

Frequently asked questions

Common questions about New Ireland iFunds 3 Alpha.

iFunds 3 Alpha S3 is a mixed-asset fund with exposure to equities, bonds, property, alternatives, private equity and cash. The fund is designed to spread investments across different asset classes, funds and global managers to reduce reliance on any one area. Its global approach means it is not tied to a single market or region.

iFunds 3 Alpha S3 aims to generate capital growth over the medium to long term while managing risk in line with its risk level. In plain language, capital growth means it is looking to increase the value of the investment over time rather than focusing on income. The fund is intended for investors who can stay invested for at least 5-7 years.

iFunds 3 Alpha S3 is built around diversification across asset classes, funds and global fund managers. The idea is that no single asset class or manager will always perform best, so the fund spreads risk and return sources more widely. Its top holdings include a range of global equity funds such as Mercer Passive Global Equity Fund, Schroders Global Equity Fund and Dodge & Cox Global Stock Fund.

The main risks for iFunds 3 Alpha S3 include market volatility and sustainability risks. Market volatility means the fund's value can move up and down over time, even if it is held for the long term. The factsheet also notes that securities lending may be used in some underlying funds, which can increase risk while aiming to add extra return.

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New Ireland iFunds 3 Alpha

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