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New Ireland Passive IRIS Fund 2035

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 an 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
275.60

EUR

+73.55 (+36.40%) 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

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.

Lifecycle strategy

Target retirement year: 2035

It adopts a lifestyle investment strategy that recognises the mix of assets an investor has exposure to needs to adapt as an 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. Asset mix varies in line with journey to retirement.

Frequently asked questions

Common questions about New Ireland Passive IRIS Fund 2035.

Passive IRIS 2035 S11 uses a lifestyle investment strategy that gradually shifts from a higher-risk asset mix to a lower-risk, more stable mix as retirement approaches. It invests across equities, bonds, alternatives, property and cash, with the mix varying in line with the journey to retirement. The fund is designed to adapt over time rather than stay in one fixed allocation.

Passive IRIS 2035 S11 is primarily aimed at investors who want to invest in an Approved Retirement Fund at retirement. Its target retirement year is 2035, so it is built around a retirement date rather than a short-term investing goal. It is intended for medium to long-term investing, with a recommended horizon of at least 5-7 years.

Passive IRIS 2035 S11 is not a pure equity fund; it spreads investment across several asset classes and changes that mix over time. State Street Investment Management manages the underlying investments, and the fund is designed to become more defensive as retirement approaches. This can help reduce day-to-day volatility compared with a fund that stays heavily invested in shares.

The main risk highlighted for Passive IRIS 2035 S11 is sustainability risk, meaning environmental, social or governance-related events could affect the value of its investments. Such events can have a bigger impact on equities and property than on bonds or alternatives. Because the fund is diversified across asset classes and regions, that diversification may help reduce the impact of any one event.

Passive IRIS 2035 S11 invests across multiple regions, including North American, Eurozone, Pacific Basin, Japanese, European, U.K. and Irish equities. This global spread means it is not concentrated in a single market. A broader regional mix can help reduce the impact if one region performs poorly.

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New Ireland Passive IRIS Fund 2035

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