Zurich Life Dynamic

The Dynamic Fund is an actively managed global equity fund that typically keeps 75% to 100% of its assets in equities and equity-based instruments. It focuses on quality companies and can also hold some government, supranational and investment-grade corporate or other bond instruments from time to time. The Dynamic Fund may therefore have some fixed income exposure, but its main emphasis is on shares.

The Dynamic Fund invests some assets outside the eurozone, so currency risk can arise for a euro investor. Currency risk means exchange-rate moves can increase or reduce the fund's value when overseas investments are converted back into euros. The fund is managed from the perspective of a euro investor, and any currency hedging that is carried out will be into euros.

The Dynamic Fund's top holdings include large global companies such as NVIDIA, Alphabet, Apple, Amazon, Microsoft, Broadcom, Meta Platforms, Advanced Micro Devices, ASML and J.P. Morgan Chase. This suggests the Dynamic Fund is tilted toward established, high-quality businesses, especially in technology and financials. Because it is actively managed, these holdings can change over time.

The Dynamic Fund may suit investors looking for long-term growth from a diversified global portfolio with some income potential. It is designed for exposure to equities, so it is generally aimed at investors who are comfortable with market ups and downs and want a growth-oriented fund. The Dynamic Fund is managed by Zurich Life.

The Dynamic Fund invests globally, with exposure across North America, the eurozone, Japan, Asia Pacific ex Japan, the UK and Europe, plus some cash. It also spreads investments across many sectors, including information technology, financials, health care, consumer discretionary and industrials. This broad spread is intended to reduce reliance on any single country or industry.