New Ireland Retirement Fund (IRIS) 2027

Retirement Fund 2027 (3) invests across a mix of asset classes, including equities, bonds, property, cash and alternatives. Its equity exposure spans regions such as North America, Europe, Japan, emerging markets, the UK and Ireland. As a lifestyle fund, Retirement Fund 2027 (3) changes this mix over time as the target retirement year approaches.

Retirement Fund 2027 (3) is designed primarily for pension investors who expect to take a retirement lump sum and move into an Approved Retirement Fund (ARF) at retirement. The fund is aimed at investors whose expected retirement year is 2027. It is intended for medium- to long-term investing, usually at least 5-7 years.

Retirement Fund 2027 (3) follows a lifecycle, or glide path, approach. That means it gradually moves money from a higher-risk investment strategy in the earlier years into a medium/low-risk strategy as retirement nears. For investors, this is designed to reduce the impact of large market swings close to retirement; market swings are the short-term rises and falls in investment values.

Retirement Fund 2027 (3) carries sustainability risks and short-term volatility risk. Sustainability risk means investments may be affected by environmental, social or governance issues that can hurt value. Short-term volatility means the fund's value can move up and down over brief periods, even if the longer-term objective is to grow and safeguard retirement savings.

Retirement Fund 2027 (3) is aimed at pension investors approaching retirement, especially those planning to take a lump sum and invest in an ARF. Its glide path is designed to reduce risk gradually as the target retirement year approaches. Retirement Fund 2027 (3) is therefore most relevant to investors who want a managed shift from growth assets toward lower-risk investments near retirement.