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New Ireland Passive IRIS Fund 2016

Multi-Asset

Lifecycle

Passive IRIS aims to grow and safeguard retirement savings based on a target or chosen year of retirement. It adopts a lifestyle investment strategy that recognises the mix of assets an investor has exposure to needs to adapt as the investor moves through life. This is done by adjusting gradually from a higher risk asset mix to a lower risk, more stable mix as retirement approaches. It is primarily aimed at those who want to invest in an Approved Retirement Fund at retirement. This fund is classified as an Article 8 Fund.

StatusOpen for Investment
SFDRArticle 8
160.70

EUR

+22.40 (+16.20%) past 3 year

as of 19 May 2026

Fund insights

Detailed information extracted from the fund factsheet.

Managed by State Street Investment Management

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.

ESG & sustainability

This fund is classified as a Light Green or Article 8 fund. Article 8 funds or Light Green Funds are defined as funds which promote environmental or social characteristics (although not exclusively) and which invest in companies that follow good governance practices. The underlying investments do not take into account the EU criteria for environmentally sustainable economic activities.

Positive screening

The fund promotes environmental or social characteristics (although not exclusively) and invests in companies that follow good governance practices.

Lifecycle strategy

Target retirement year: 2016

This is done by adjusting gradually from a higher risk asset mix to a lower risk, more stable mix as retirement approaches.

Frequently asked questions

Common questions about New Ireland Passive IRIS Fund 2016.

Passive IRIS 2016 (6P) uses a lifestyle investment approach that gradually shifts the portfolio from a higher-risk mix to a lower-risk, more stable mix as retirement approaches. It can invest across equities, bonds, alternatives, property and cash. The aim of Passive IRIS 2016 (6P) is to grow and help safeguard retirement savings based on the chosen retirement year.

Passive IRIS 2016 (6P) is primarily aimed at investors who want to invest in an Approved Retirement Fund at retirement. It is designed for people saving with a target retirement year in mind. The fund is intended for medium to long-term investing of at least 5-7 years.

Passive IRIS 2016 (6P) is not a static equity fund; it follows a lifecycle or lifestyle strategy that changes the asset mix over time. As retirement gets nearer, the fund reduces exposure to higher-risk assets and increases more stable holdings. This is meant to balance growth with greater stability as the investor approaches retirement.

The main risks highlighted for Passive IRIS 2016 (6P) are sustainability risks and short-term volatility. Short-term volatility means the fund's value can move up and down over short periods. Even though it is designed for long-term retirement investing, values can still fluctuate over time.

Passive IRIS 2016 (6P) is classified as an Article 8, or Light Green, fund. It promotes environmental or social characteristics and invests in companies that follow good governance practices. Its underlying investments do not take into account the EU criteria for environmentally sustainable economic activities.

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New Ireland Passive IRIS Fund 2016

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