Zurich Life Balanced

Balanced Fund is an actively managed fund that seeks growth through capital gains and income. It invests mainly in a well-diversified mix of global equities and equity-based financial instruments, and it also holds bonds issued by governments, supranational bodies, and investment-grade companies. The fund name is Balanced Fund.

Balanced Fund carries currency risk because some of its assets are invested outside the eurozone. For a euro investor, currency risk means foreign exchange movements can reduce or increase returns when overseas investments are converted back into euros. The fund is managed from the point of view of a euro investor, and any hedging that is carried out will be into euros.

Balanced Fund is not limited to shares; it combines global equities with bonds in the same portfolio. That means it is designed to capture growth from equities while also using bonds from governments, supranationals, and investment-grade corporate issuers to diversify the mix. This can make the Balanced Fund more diversified than a pure equity fund.

Balanced Fund invests globally, with exposure that can include North America, the eurozone, Japan, Asia Pacific ex Japan, the UK, Europe, South America, and cash. Its sector exposure can span communications, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. The fund's global approach means it is spread across many markets and industries rather than concentrated in one area.

Balanced Fund's top holdings include NVIDIA, Alphabet, Apple, Amazon, Microsoft, Broadcom, Meta Platforms, Advanced Micro Devices, ASML Holding, and J.P. Morgan Chase. These names show that the fund has meaningful exposure to large global companies, especially in technology and financials. The Balanced Fund is actively managed by Zurich Life.