Zurich Life Indexed Eurozone Equity (BlackRock)

The Indexed Eurozone Equity Fund (BlackRock) invests 100% in equities from the eurozone through the iShares EMU Index Fund managed by BlackRock. It is designed to give investors exposure to companies across countries such as France, Germany, the Netherlands, Spain and Italy. The fund is passively managed, so it aims to follow an index rather than try to beat it.

The Indexed Eurozone Equity Fund (BlackRock) uses the iShares EMU Index Fund to track a eurozone share market index. Because it is passively managed, it seeks to mirror the index’s overall movements and holdings as closely as possible, but it will not match the index exactly. That means its returns may differ slightly from the market it is designed to follow.

The Indexed Eurozone Equity Fund (BlackRock) is exposed to a broad mix of eurozone companies across sectors such as Financials, Industrials, Information Technology, Consumer Discretionary and Utilities. Its top holdings include ASML, TotalEnergies, Siemens, SAP and Banco Santander. This broad spread can help reduce reliance on any single company, but it still leaves the fund exposed to equity market risk, meaning share prices can rise and fall significantly.

The Indexed Eurozone Equity Fund (BlackRock) may suit investors who want concentrated exposure to eurozone equities and are comfortable with stock market fluctuations. It is aimed at those looking for total return from both capital growth and income, rather than capital protection. Because it invests only in equities, it may be more suitable for investors with a longer time horizon and a higher tolerance for risk.

The Indexed Eurozone Equity Fund (BlackRock) is described as a two stage switch fund. In simple terms, that means the investment can move through two steps before reaching its final fund exposure, as set out in the policy document or by Zurich Life. Investors should check those documents to understand how the switching process works in practice.