New Ireland Passive IRIS Fund 2026

Passive IRIS 2026 (6P) uses a lifestyle approach that gradually shifts from a higher-risk mix to a lower-risk, more stable mix as retirement approaches. Its underlying asset classes include equities, bonds, alternatives, property and cash. The fund is designed to adapt the balance over time rather than keep one fixed allocation throughout the investor’s working life.

Passive IRIS 2026 (6P) is primarily aimed at investors who want to invest in an Approved Retirement Fund at retirement. It is built around a target retirement year of 2026, so it is intended for someone nearing that stage rather than for short-term investing. The fund is also described as suitable for a medium to long-term horizon of at least 5-7 years.

Passive IRIS 2026 (6P) is designed as a lifecycle or lifestyle fund, so its asset mix changes automatically as retirement approaches. That means it starts with a higher-risk positioning and then becomes more defensive over time, rather than staying static. This can help align the investment mix with the investor’s changing needs later in life.

Passive IRIS 2026 (6P) is classified as an Article 8 fund and promotes environmental or social characteristics while also requiring good governance practices in the companies it invests in. Its underlying investments do not take into account the EU criteria for environmentally sustainable economic activities. In plain language, it considers sustainability-related factors, but it is not a fully green or impact-only fund.

Passive IRIS 2026 (6P) is exposed to sustainability risks, which means events linked to environmental, social or governance issues can affect the value of its investments. The factsheet notes that severe events may have a bigger impact on equities and property than on bonds or alternatives. Because the fund is diversified across several asset classes and regions, that can help reduce the effect of any one event.