New Ireland North American

Pension North American (3) invests in the State Street US Value Spotlight Fund. That underlying fund invests mainly in equities from the United States, so the portfolio is focused on US company shares. The aim of Pension North American (3) is to generate long-term capital growth.

Pension North American (3) has exposure to a range of large US and internationally listed businesses through the State Street US Value Spotlight Fund. Examples from the top holdings include Alphabet, Amazon, Microsoft, Merck & Co. and Vertex Pharmaceuticals Inc. This means the fund is positioned across different sectors rather than relying on just one industry.

Pension North American (3) is designed for investors looking for growth from a US equity portfolio over a medium to long-term horizon, at least 5-7 years. That time frame matters because share prices can move up and down in the short term, and a longer horizon can help smooth out those fluctuations. It may suit investors who are comfortable with equity market volatility.

Pension North American (3) is exposed to the risks of investing in equities, so its value can rise and fall with stock markets. It also notes sustainability risks, which means environmental, social or governance issues could affect some investments and their returns. As with any fund invested in shares, investors should be prepared for periods of market volatility.

Pension North American (3) may use securities lending through the underlying State Street US Value Spotlight Fund. Securities lending means the fund can temporarily lend shares to earn extra return, but it can also increase risk for investors. The fund's factsheet says this is intended to provide an opportunity to improve returns while adding some additional risk.