Zurich Life International Equity

The International Equity Fund mainly invests in international equities and equity-based financial instruments, with an indicative equity range of 80% to 100% of the fund. It may also hold cash and, for tactical reasons, international bonds or bond-based financial instruments. The fund is therefore focused on shares, but it can use other assets when the manager believes that is appropriate.

The International Equity Fund's top holdings include large global companies such as NVIDIA, Alphabet, Apple, Amazon, Microsoft, Broadcom, Meta Platforms, Advanced Micro Devices, ASML Holding and J.P. Morgan Chase. These names show that the fund is exposed to major businesses across technology, communications and financials. As an actively managed fund, its holdings can change over time.

Yes. The International Equity Fund invests some of its assets outside the eurozone, so a euro investor can be affected by currency risk. Currency risk means exchange-rate moves can make overseas investments worth more or less when converted back into euros. Any hedging that is used will be into euros.

The International Equity Fund has international exposure across North America, the eurozone, Japan, Asia Pacific ex Japan, the UK and Europe, and it may also hold cash. It also spans many sectors, including communications, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate and utilities. This broad spread means the fund is not tied to just one country or industry.

The International Equity Fund may suit investors looking for growth through capital gains and income from a globally diversified equity portfolio. Its SRI rating of 5 suggests a relatively higher level of risk. The fund is actively managed by Zurich Life, which means the manager makes investment decisions rather than simply following an index.