New Ireland Retirement Fund (IRIS) 2028

Pension Retirement 2028 S3 is part of the IRIS lifestyle range and is designed to move an investor’s money gradually from a higher-risk mix in the earlier years to a medium/low-risk strategy as retirement approaches. The fund can invest across equities, bonds, property and cash, with sector exposure including corporate bonds, government bonds, high yield bonds, alternatives, infrastructure and commodities. In plain language, this means the fund becomes less focused on growth assets and more focused on preserving value as the target retirement year nears.

Pension Retirement 2028 S3 is aimed primarily at pension investors who expect to take a retirement lump sum and invest in an Approved Retirement Fund (ARF) at retirement. The fund is designed around the target retirement year of 2028, so it suits people whose retirement timing broadly matches that date. It is intended for investors using a medium- to long-term horizon, typically at least 5-7 years.

Pension Retirement 2028 S3 uses a glide path, which means it automatically shifts the portfolio away from a higher-risk investment mix and toward a more cautious one as retirement gets closer. This is intended to help protect retirement savings from large short-term swings in value. In plain language, the fund is trying to make the portfolio steadier at the point when an investor may need to start using the money.

Pension Retirement 2028 S3 has exposure to a wide range of equity markets, including North American, European, Japanese, emerging market, Pacific Basin, U.K. and Irish equities. This broad geographic mix is part of the IRIS approach to diversified retirement investing. The fund’s holdings may shift over time as the glide path changes the overall risk profile.

Pension Retirement 2028 S3 carries the normal risks of investing, including the fact that values can rise and fall over time even over the long term. Its stated key risk is sustainability risk, which means environmental, social or governance issues could affect the value of investments. The fund may also use securities lending in some cases, which can add risk even though it may help earn additional return.