New Ireland PruFund Growth
Managed Balanced (<65% Equity)
PruFund Growth invests in the M&G (Lux) Future+ Growth (Euro) Fund S2 (the Feeder Fund). The Feeder Fund aims to maximise growth over the medium to long-term. By using a smoothing process, the Feeder Fund aims to achieve more stable returns than investing in stock markets directly. This fund is classified as an Article 8 Fund.
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114.40
EUR
+18.10 (+18.80%) past 3 year
as of 19 May 2026Equities
43.7
Corporate Bonds
29.3
Property
11.5
Alternative Investments
11.5
Government Bonds
3.8
Fund insights
Detailed information extracted from the fund factsheet.
Underlying fund: M&G (Lux) Future+ Growth (Euro) Fund S2
Managed by M&G Investment Management Limited
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.
Capital protection
By using a smoothing process, the Feeder Fund aims to achieve more stable returns than investing in stock markets directly.
Manager commentary - March 2026
The fund delivered lower returns in March, reflecting a more challenging market environment. Market sentiment was weighed down by escalating geopolitical tensions and uncertainty around monetary policy, linked to the ongoing conflict in the Middle East. Equities saw weaker returns with the largest falls in the Europe ex. UK, Asia ex. Japan and Africa segments. Real Estate returns decreased, despite positive returns from US and Asian property. Alternatives made gains owing to strong commodity performance. Fixed income declined overall, with gains in private credit and China offset by losses in Europe (incl. the UK) and Asia.
- Adrian Gaspar, Investment Director, Treasury & Investment Office, M&GFrequently asked questions
Common questions about New Ireland PruFund Growth.
Pru Growth Fund S3A invests in the M&G (Lux) Future+ Growth (Euro) Fund S2, which is the underlying feeder fund. The Pru Growth Fund S3A has a mixed investment style and can hold equities, property, bonds, alternatives and cash. It is designed to pursue growth over the medium to long term rather than a narrow single-asset approach.
Pru Growth Fund S3A uses a smoothing process through the underlying feeder fund to try to deliver more stable returns than investing directly in stock markets. In simple terms, smoothing is intended to reduce some of the day-to-day ups and downs that investors may otherwise see. This does not remove risk, but it is a key feature of the Pru Growth Fund S3A.
Pru Growth Fund S3A is intended for medium to long-term investors, with a recommended holding period of at least 5-7 years. It has a Medium Risk profile, so it may suit investors who can accept some fluctuation in value in exchange for growth potential. The fund is built around growth rather than capital protection.
The Pru Growth Fund S3A carries a Medium Risk rating and its key risk flag is sustainability risk. Sustainability risk means environmental, social or governance issues could affect the value of the underlying investments. Because the fund also invests across markets such as equities, property and bonds, its value can still move up and down depending on market conditions.
Pru Growth Fund S3A is classified as an Article 8 fund, which means 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. In other words, it is an ESG-aware fund, but it is not labelled as fully sustainable under that EU definition.
New Ireland PruFund Growth
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