New Ireland Retirement Fund (IRIS) 2030

Retirement Fund 2030 (3) invests across equities, bonds, property and cash. As a lifecycle fund in the IRIS range, it gradually moves money from a higher-risk investment mix in the earlier years toward a medium/low-risk strategy as retirement approaches. This means the fund is designed to become less volatile over time, although values can still go up and down.

Retirement Fund 2030 (3) is aimed primarily at pension investors who expect to retire around 2030 and want to take a retirement lump sum and invest in an Approved Retirement Fund (ARF) at retirement. The fund is part of the IRIS lifestyle investment strategy, which is built around the investor’s expected retirement year. It is generally suited to people looking for a medium to long-term approach rather than a short-term investment.

Retirement Fund 2030 (3) uses a glide path, meaning it gradually switches the portfolio from a higher-risk strategy to a medium/low-risk strategy as the target retirement year gets closer. This is intended to help protect retirement savings as the investor approaches retirement. The fund still carries investment risk, so the value can fluctuate over time.

Retirement Fund 2030 (3) is exposed to short-term volatility and sustainability risks. Short-term volatility means the fund’s value can move up and down in the near term, while sustainability risk means environmental, social or governance events could affect the value of the investments it holds. These risks may have a bigger impact on equities and property than on bonds or cash.

Retirement Fund 2030 (3) has exposure to North American, European, Japanese, Pacific Basin, emerging market, UK and Irish equities, among others. This broad regional mix helps diversify the fund across markets. Diversification can reduce the impact if one region performs poorly or is affected by a negative event.