New Ireland Retirement Fund (IRIS) 2032

Retirement Fund 2032 (3) is part of the IRIS lifestyle investment strategy and invests across equities, fixed income, property and cash. As retirement approaches, the fund gradually shifts from a higher-risk mix in the earlier years to a medium/low-risk strategy. This changing mix is designed to help protect pension savings as the target retirement year gets nearer.

Retirement Fund 2032 (3) is aimed primarily at pension investors who expect to take a retirement lump sum and move into an Approved Retirement Fund, or ARF, at retirement. It is designed for people whose expected retirement year is 2032 and who want their pension investments managed along a glide path toward that date. It may suit investors looking for a managed transition from growth assets to more defensive assets.

Retirement Fund 2032 (3) uses a glide path that automatically reduces risk over time. In the earlier years it holds a higher-risk strategy, then gradually moves toward a medium/low-risk strategy as retirement draws closer. This means the fund is designed to match the changing needs of a pension investor near retirement.

The main risks highlighted for Retirement Fund 2032 (3) are sustainability risks and short-term volatility. Short-term volatility means the fund’s value can move up and down over short periods, even if the long-term objective is to reduce risk before retirement. Sustainability risks mean environmental, social or governance issues could affect investments in the fund.

Retirement Fund 2032 (3) has exposure to a broad set of equity markets, including North American, European, Eurozone, UK, Irish, Japanese, Pacific Basin and emerging market equities. The fund name does not list every holding, but the documented geographic allocation shows it is diversified across multiple regions. This broad regional spread is part of how the IRIS range manages retirement savings over time.