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Zurich Life Cautiously Managed

Multi-Asset

Managed Defensive (<35% Equity)

Indicative equity range: 20% - 50% of the value of the fund The Cautiously Managed Fund is an actively managed fund which aims to achieve growth through capital gains and income from a well-diversified portfolio of bonds, equities and cash. The bond portion of the fund is comprised of bonds issued by governments, supranational bodies, other investment grade corporate and non-sovereign bonds and/or bond-based financial instruments. The equity portion of the fund is invested in global equities and equity-based financial instruments. This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor. As the fund is managed from the point of view of a euro investor any currency hedging that may be conducted will be into euros. This fund is managed by Zurich Life.

The Cautiously Managed Fund is an actively managed fund which aims to achieve growth through capital gains and income from a well-diversified portfolio of bonds, equities and cash. The bond portion of the fund is comprised of bonds issued by governments, supranational bodies, other investment grade corporate and non-sovereign bonds and/or bond-based financial instruments. The equity portion of the fund is invested in global equities and equity-based f inancial instruments. This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor. As the fund is managed from the point of view of a euro investor any currency hedging that may be conducted will be into euros. This fund is managed by Zurich Life.

StatusOpen for Investment
Fund size€722M
SFDRArticle 8
Focusglobal

Risk rating

1

2

3

4

5

6

7

What Zurich Life says about Risk 4 fundsMedium RiskLikely to accept significant risk in return for the potential of good investment gains over the long term. Accept there will be significant fluctuations in value, particularly over the short term, but will want to limit the amount held in more risky investments.
276.50

EUR

+51.15 (+22.70%) past 3 year

as of 18 May 2026
Asset Split

Information Technology

28.0%

Health Care

15.0%

Consumer Discretionary

13.0%

Financials

13.0%

Industrials

11.0%

Consumer Staples

6.0%

Materials

5.0%

Energy

3.0%

Utilities

3.0%

Telecommunications

2.0%

Real Estate

1.0%

Top Holdings
#1
Apple Inc

Apple

#2
Microsoft Corp.

Microsoft

#3
Alphabet Inc formerly Google Inc

Alphabet

#4
Amazon.com Inc

Amazon.com

#5
Meta Platforms Inc

Meta

#6
UnitedHealth Group Inc

UnitedHealth Group

#7
Berkshire Hathaway Inc - Class B

Berkshire Hathaway

#8
Visa Inc

Visa

#9
Johnson & Johnson

Johnson & Johnson

#10
Mastercard Inc

Mastercard

Asset Breakdown

Equities

45.00%

Bonds

35.00%

Short Term Corporate Bonds

11.00%

Other

9.00%

Short

Term Government

Geographic Allocation
US

North America

64.00%

Eurozone

12.00%

JP

Japan

8.00%

GB

UK

6.00%

Asia Pacific ex Japan

5.00%

Europe

5.00%

Frequently asked questions

Common questions about Zurich Life Cautiously Managed.

The Cautiously Managed Fund invests in a diversified mix of bonds, global equities and cash. Its bond allocation can include government bonds, supranational bonds, investment grade corporate bonds, other non-sovereign bonds and bond-based financial instruments. Its equity allocation is invested in global equities and equity-based financial instruments, and the fund typically keeps its equity exposure within an indicative range of 20% to 50% of the fund's value.

The Cautiously Managed Fund is actively managed by Zurich Life. That means the fund manager makes investment decisions rather than simply tracking an index. The fund aims to generate growth through capital gains and income, while maintaining a well-diversified portfolio across asset classes.

The Cautiously Managed Fund is exposed to currency risk because some of its assets are invested outside the eurozone. Currency risk means exchange-rate movements can affect returns for a euro investor. The fund may hedge currency exposure back into euros, but that does not remove the risk entirely.

The Cautiously Managed Fund has a global equity focus and its holdings can span North America, the eurozone, Japan, Asia Pacific ex Japan, the UK and Europe. Its top holdings have included major global companies such as NVIDIA, Alphabet, Apple, Amazon, Microsoft, Broadcom, Meta Platforms, AMD, ASML and J.P. Morgan Chase. This shows the fund can combine technology, financial and other large-cap global names within a multi-asset portfolio.

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Zurich Life Cautiously Managed

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