Zurich Life Prisma 2

The Prisma 2 Fund is an actively managed multi-asset fund that invests across global equities, bonds, property, commodities, cash and alternative assets. It uses both strategic and tactical asset allocation to build a diversified portfolio. The fund is managed by Zurich Life and is designed to seek long-term capital growth as well as income.

The Prisma 2 Fund measures its risk relative to global equity markets and has an expected long-term volatility range of 5% to 17.5% of global equity volatility. In plain language, that means its ups and downs are intended to be lower than a typical global share portfolio, though it can still move around in value. This makes the Prisma 2 Fund a multi-asset solution rather than a pure equity fund.

Yes, the Prisma 2 Fund invests some of its assets outside the eurozone, so a euro investor can face currency risk. That means exchange-rate movements can affect returns when investments are held in other currencies. Any currency hedging, if used, is carried out into euros because the fund is managed from the point of view of a euro investor.

The Prisma 2 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 holdings suggest a meaningful exposure to major technology and financial names. The fund also spreads investments across several sectors and regions, including North America, the eurozone, Japan, Asia Pacific ex Japan, the UK and Europe.

The Prisma 2 Fund may suit investors who want a globally diversified, actively managed fund that aims for growth through both capital gains and income. Its mix of asset classes and lower-risk profile relative to global equities may appeal to investors looking for diversification rather than a pure stock-market fund. Investors should also be comfortable with currency risk because some assets are held outside the eurozone.