New Ireland Retirement Fund (IRIS) 2015

Retirement Fund 2015 (3) is an IRIS lifestyle fund that invests across several asset classes, including equities, fixed income, property, cash and multi-asset holdings. Its sector breakdown also shows exposure to corporate bonds, government bonds, high yield bonds, alternative investments, infrastructure and commodities. This broad mix is designed to balance growth potential with safeguarding retirement savings.

Retirement Fund 2015 (3) follows a glide path that gradually moves the fund from a higher-risk investment strategy in the earlier years to a medium/low-risk strategy as retirement approaches. The aim is to reduce the level of risk taken with the pension pot near the expected retirement date. In simple terms, it becomes more cautious over time so the saver is less exposed to sharp market swings right before retirement.

Retirement Fund 2015 (3) is aimed primarily at pension investors who expect to take a retirement lump sum and invest in an Approved Retirement Fund, or ARF, at retirement. An ARF is a retirement account that can keep invested after retirement, so this fund is built with that transition in mind. It is intended for investors with a medium- to long-term horizon of at least 5 to 7 years.

Retirement Fund 2015 (3) is part of the IRIS lifestyle strategy, which is specifically tied to an expected year of retirement. Unlike a static fund, it automatically shifts its risk profile over time instead of staying in the same asset mix. The fund is managed by State Street Investment Management and Legal & General Investment Management, which helps support the multi-asset approach.

Retirement Fund 2015 (3) carries sustainability risks and short-term volatility risk. Short-term volatility means the fund’s value can move up and down sharply over short periods. Although the strategy is designed for the medium to long term, values can still fluctuate and investors could get back less than they invested.