New Ireland Retirement Fund (IRIS) 2035

The Retirement 2035 Fund (3) invests through a mix of underlying State Street equity, fixed income, property and cash strategies, together with the LGIM Diversified Fund. Its exposures can include equities, bonds, property, cash and alternatives across regions such as North America, Europe, Japan, the UK, Ireland and emerging markets. This diversified mix is designed to help spread risk while still aiming for growth over time.

The Retirement 2035 Fund (3) follows a lifecycle, or lifestyle, strategy that gradually reduces risk as the target retirement year approaches. In the earlier years it uses a higher-risk investment mix, then moves toward a medium to low risk strategy on the run-up to retirement. This means the fund is designed to be more growth-focused first and more cautious later.

The Retirement 2035 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. It is intended for people planning around the 2035 retirement date and who want a managed glide path into retirement. It is generally suited to medium- to long-term investing, with a recommended horizon of at least 5-7 years.

The Retirement 2035 Fund (3) is exposed to short-term volatility and sustainability risks. Short-term volatility means the fund's value can move up and down over short periods, while sustainability risks are events linked to environmental, social or governance issues that can affect the value of the assets it holds. These impacts may be greater for equities and property than for bonds or alternatives.

The Retirement 2035 Fund (3) is designed for investors who want their pension savings to be automatically adjusted over time rather than staying in one fixed risk profile. Its glide path gradually shifts from higher-risk growth assets into a lower-risk mix as retirement nears, which can help align the investment strategy with the point when the money is needed. The fund is part of the IRIS lifestyle investment strategy, which is built specifically around retirement timing and ARF planning.