New Ireland Passive IRIS Fund 2038
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.
284.70
EUR
+78.40 (+38.00%) 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: 2038
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 2038.
Passive IRIS 2038 S11 uses a lifestyle investment strategy that gradually shifts the asset mix from a higher-risk allocation to a lower-risk, more stable one as retirement approaches. The fund can invest across equities, bonds, alternatives, property and cash. In practice, this means the portfolio is designed to become less volatile over time as the target retirement year nears.
Passive IRIS 2038 S11 is primarily aimed at people who want to invest in an Approved Retirement Fund at retirement. It is designed around a target retirement year of 2038, so it suits investors whose retirement plans roughly match that timeframe. The fund is intended to support medium- to long-term investing, typically at least 5 to 7 years.
Passive IRIS 2038 S11 follows a glide path that gradually reduces risk as the target retirement date gets closer. That means the fund moves away from a higher-risk mix and toward a steadier mix of assets over time. This is meant to help protect retirement savings as the investor approaches retirement, though the value can still rise and fall.
Yes, Passive IRIS 2038 S11 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. This means the fund has sustainability-related features, but its underlying investments do not specifically target EU-defined environmentally sustainable activities.
The main risks highlighted for Passive IRIS 2038 S11 include sustainability risks and the normal risk that investment values will fluctuate over time. The fund’s wide asset mix is designed for long-term retirement investing, but it can still lose value in the short term. Sustainability risk means that environmental, social or governance issues could affect how the investments perform.
New Ireland Passive IRIS Fund 2038
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