New Ireland Passive IRIS Fund 2020
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 the 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.
169.40
EUR
+23.74 (+16.30%) past 3 year
as of 19 May 2026Fund 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.
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.
The fund promotes environmental or social characteristics (although not exclusively) and invests in companies that follow good governance practices.
Lifecycle strategy
Target retirement year: 2020
The fund adopts a lifestyle investment strategy that adjusts gradually from a higher risk asset mix to a lower risk, more stable mix as retirement approaches. Asset mix varies in line with journey to retirement.
Frequently asked questions
Common questions about New Ireland Passive IRIS Fund 2020.
Passive IRIS 2020 (6P) uses a lifestyle approach, so its asset mix is designed to change over time as retirement approaches. The fund starts with a higher-risk mix and gradually shifts toward a lower-risk, more stable mix. Its underlying exposure spans equities, bonds, alternatives, property and cash, with State Street Investment Management managing the underlying investments.
Passive IRIS 2020 (6P) is primarily aimed at people who want to invest in an Approved Retirement Fund at retirement. It is built around a target retirement year, which in this fund is 2020, so the portfolio is aligned to a retirement journey rather than a static allocation. The fund is intended for medium to long-term investing, typically at least 5-7 years.
Passive IRIS 2020 (6P) follows a glide path that gradually lowers risk as retirement nears by moving from growth assets into more stable assets. This means the fund becomes less exposed to short-term market swings over time. Even so, the fund can still fluctuate in value, so there is no guarantee against losses.
Passive IRIS 2020 (6P) is classified as an Article 8, or Light Green, fund. That means it promotes environmental or social characteristics and invests in companies that follow good governance practices. It does not necessarily invest only in assets that meet the EU’s definition of environmentally sustainable activities.
The main stated risk for Passive IRIS 2020 (6P) is sustainability risk, which means environmental, social or governance issues could affect the value of the investments. The fund may also use securities lending in some underlying holdings, which can increase risk in order to seek extra return. Like all investing, its value can go up and down over time.
New Ireland Passive IRIS Fund 2020
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