New Ireland UK Equity Indexed Fund

The UK Equity Indexed Fund S3 invests in the State Street United Kingdom Screened Index Equity Fund, which gives exposure to UK equities. The underlying fund is diversified across sectors and stocks and aims to track the MSCI United Kingdom Screened Choice Index EUR over the long term. It also holds small amounts of cash.

Yes. The UK Equity Indexed Fund S3 uses a passive style, meaning it is designed to follow the performance of its benchmark rather than try to beat it. In this case, the underlying State Street fund aims to track the MSCI United Kingdom Screened Choice Index EUR over the long term. Because of this, returns may differ slightly from the underlying fund due to timing delays when investments are made.

The UK Equity Indexed Fund S3 is exposed to equity risk, which means its value can go up and down as UK share prices move. It also has sustainability risks because the underlying index applies screens to the companies it includes, so environmental, social or governance issues may affect some holdings. The fund is described as suitable for medium to long-term investing, at least 5-7 years, to help reduce the impact of short-term volatility, but losses are still possible.

The UK Equity Indexed Fund S3 gives exposure to a broad range of major UK listed companies through its underlying index fund. Its top holdings include AstraZeneca, BP, Glencore, GSK, HSBC, Lloyds Banking Group, National Grid, Rio Tinto, Shell and Unilever. This reflects a portfolio spread across sectors such as financials, healthcare, energy and consumer staples.

The UK Equity Indexed Fund S3 may suit investors who want low-cost style exposure to UK equities and are comfortable with stock market ups and downs. It is intended for medium to long-term investing, at least 5-7 years. Investors should also be aware that securities lending may be used in the underlying fund, which can add risk while seeking extra return.