New Ireland PRIME 3
Fund of Funds
PRIME 3 aims to generate long-term capital growth reflective of the fund's risk profile and to incorporate environmental, social and governance characteristics. PRIME 3 primarily invests in a range of passive funds and has some exposure to an actively managed property fund. The fund has exposure to globally diversified equities, euro corporate and government, global investment grade and emerging market bonds, property, alternatives and cash. PRIME 3 is classified as an Article 8 Fund.
PRIME 3 invests in a range of passive funds. It is a diversified fund designed for customers looking for a low to medium risk investment. It aims to generate returns from exposure to a range of asset classes. Risk is managed in a number of ways e.g. by diversifying and using a risk adjustment process that ensures the exposure to developed world equities takes into consideration the risk profile of the fund.
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7
132.00
EUR
+18.11 (+15.90%) past 3 year
as of 19 May 2026Developed Market Equities
22.2
Short Euro Government Bonds
18.5
Cash
15
Diversified Alternatives
11.1
Global Aggregate Bonds (Hedged)
9
Fund 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.
ESG & sustainability
The fund incorporates environmental, social and governance characteristics. 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 invests in companies that follow good governance practices.
Manager commentary - March 2026
Global markets weakened in March as war in the Middle East triggered an energy price surge that reignited inflation concerns and drove a broad risk-off move across assets. The fund posted a negative return, with developed market equities detracting amid heightened volatility. Emerging market (EM) equities also detracted, falling on higher energy costs, tighter financial conditions, and US dollar strength. Bonds detracted as yields for both developed and EM debt rose on inflation worries stemming from high oil/gas prices. Alternatives also hit performance, as diversification benefits were limited in the risk off environment.
- Andrew Wickham, Portfolio Manager, State Street Investment Solution GroupFrequently asked questions
Common questions about New Ireland PRIME 3.
PRIME 3 S3 R primarily invests through a range of passive funds, with some exposure to an actively managed property fund. It has diversified exposure to globally diversified equities, euro corporate and government bonds, global investment grade and emerging market bonds, property, alternatives and cash. The fund is designed to seek long-term capital growth in line with its risk profile.
PRIME 3 S3 R incorporates environmental, social and governance characteristics and is classified as an Article 8 fund. That means it promotes environmental or social characteristics and invests in companies that follow good governance practices. It does not, however, invest only in assets that meet the EU definition of environmentally sustainable economic activities.
PRIME 3 S3 R is described as suitable for a medium to long-term investment horizon of at least 5 to 7 years. The fund has a low to medium risk profile, which suggests it is designed for investors seeking growth with a moderated level of risk. As with all investments, returns are not guaranteed and the value can go down as well as up.
The main stated risk for PRIME 3 S3 R is sustainability risk. This means that environmental, social or governance issues could affect the value of the fund's underlying investments. Because the fund also holds bonds and other assets, changes in interest rates and market sentiment can affect performance as well.
According to the March 2026 commentary, PRIME 3 S3 R declined as war in the Middle East pushed up energy prices and reignited inflation concerns. Developed market equities, emerging market equities, bonds and alternatives all detracted from performance. Higher oil and gas prices, stronger inflation expectations and a risk-off market environment were key pressures on the fund.
New Ireland PRIME 3
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