New Ireland Passive IRIS Fund 2023
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.
191.50
EUR
+26.84 (+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: 2023
The fund adopts a lifestyle investment strategy under which the asset mix is adjusted 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 2023.
Passive IRIS 2023 (6P) uses a lifestyle approach, so its asset mix is adjusted gradually as retirement approaches. The fund starts with a higher-risk mix and moves toward a lower-risk, more stable mix over time. It can invest across equities, bonds, alternatives, property and cash, with the mix varying in line with the journey to retirement.
Passive IRIS 2023 (6P) is primarily aimed at people who want to invest in an Approved Retirement Fund at retirement. It is designed around a target retirement year, which in this fund is 2023. The fund is intended for medium to long-term investing, generally at least 5-7 years.
Passive IRIS 2023 (6P) follows a glide path that gradually shifts from a higher-risk asset mix to a lower-risk, more stable one as retirement approaches. This is meant to help safeguard retirement savings as the investor moves through life. Even so, the fund still involves risk because values can fluctuate over time.
Yes, Passive IRIS 2023 (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.
The key risk highlighted for Passive IRIS 2023 (6P) is sustainability risk. This means environmental, social or governance issues could affect how the fund's investments perform. Like all long-term investments, the fund's value can also rise and fall over time.
New Ireland Passive IRIS Fund 2023
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