New Ireland Retirement Fund (IRIS) 2033

Retirement 2033 Fund (3) is part of the IRIS lifestyle strategy and invests across a broad mix of asset classes, including equities, fixed income, property, cash, alternatives, bonds, infrastructure and commodities. The fund also has geographic exposure across regions such as North America, Europe, Japan, the UK, Ireland, the Pacific Basin and emerging markets. This wide spread is intended to help balance growth and risk for investors approaching retirement.

Retirement 2033 Fund (3) follows a glide path that gradually moves from a higher-risk investment strategy in the earlier years to a medium/low-risk strategy as retirement approaches. In plain language, that means it is designed to become more cautious over time rather than staying invested in the same way throughout. This is meant to suit investors targeting retirement in 2033.

Retirement 2033 Fund (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. In plain language, an ARF is a post-retirement investment account used to keep pension money invested after leaving work. The fund is designed for medium- to long-term investing, with a recommended horizon of at least 5-7 years.

Retirement 2033 Fund (3) carries investment risk, and its value can rise or fall over time even over the long term. The factsheet highlights sustainability risks, which means environmental, social or governance issues could affect some of the investments held by the fund. It is also noted that securities lending may be used in some underlying holdings, which can increase risk even though it may add extra return.