Zurich Life 5 Star 5 Americas

The 5 ★ 5 Americas Fund is an actively managed equity fund with an indicative allocation of 80% to 100% in equities. It focuses on the American region and normally holds up to fifty stocks across five sectors. It may also hold cash or cash equivalents for tactical reasons.

The 5 ★ 5 Americas Fund aims to invest mainly in the US, with the potential to also hold securities in Canada and Latin America. Its top holdings have included names such as NVIDIA, Alphabet, Apple, Amazon, Microsoft and Broadcom. This means the fund is tilted toward large, well-known US-listed companies, especially in technology and related sectors.

The 5 ★ 5 Americas Fund has a concentrated portfolio, which means it holds relatively few stocks and sectors. That can increase stock specific risk, meaning a single company or sector performing badly can have a bigger impact on the fund. It also has currency risk for a euro investor because some holdings are outside the eurozone, so exchange-rate moves can affect returns.

The 5 ★ 5 Americas Fund is spread across five sectors: Consumer & Communications, Financials & Real Estate, Healthcare & Personal Products, Resources & Industrials, and Technology. Zurich Life says the sector and stock selection may be varied over time to respond to changing market dynamics. This gives the manager flexibility to adjust the portfolio if opportunities shift.

The 5 ★ 5 Americas Fund may suit an investor looking for growth through active exposure to American equities and who is comfortable with higher portfolio concentration. Because it can hold mainly stocks and only a limited number of them, it may be better suited to someone who can accept sharper ups and downs in value. It is managed by Zurich Life from the perspective of a euro investor.