AIB life | Fund Factsheet

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Key facts

Launch Date24/03/2023
Additional AMC0.10%
Fund ManagerIrish Life Investment Managers
Asset MixEquities, bonds, property and alternatives
Investment StyleA combination of active and passive management

Risk Rating

1
2
3
4
5
6
7
This fund has a risk rating of 4. Before you invest in this fund, or any fund, it is important that you speak with your AIB Advisor to ensure you understand and are comfortable with the risks involved. Details of the risks of investing in a fund are explained in our Fund Guide which is available from your AIB Advisor.

Fund description

This fund aims to provide a diversified investment consistent with a medium risk rating. The fund invests with a balance between high risk assets such as equities and property, and lower risk and diversifying assets such bonds and alternatives. Exposure to asset classes is achieved through a combination of active and passive investing. The fund is an Article 8 fund under the Sustainable Finance Disclosure Regulations (SFDR), which means it incorporates environmentally friendly or socially responsible investments.

Strategy Description

This fund aims to provide a diversified investment consistent with a medium risk rating. The fund invests with a balance between high risk assets such as equities and property, and lower risk and diversifying assets such bonds and alternatives. Exposure to asset classes is achieved through a combination of active and passive investing. The fund is an Article 8 fund under the Sustainable Finance Disclosure Regulations (SFDR), which means it incorporates environmentally friendly or socially responsible investments.

Performance to
18/11/2024

1 month 3 months 6 month 1 year
Fusion 4 0.4% 4.3% 6.1% 17.0%
Notes: Annual management charges (AMC) apply. The fund performance shown is before the full AMC is applied on your policy.

Responsible Investing

In line with the overall fund objective, the fund targets investment in strategies which help contribute to achieving its sustainability goals. This involves selecting strategies which exclude or reduce exposure to companies with poorer sustainability characteristics and increasing exposure to companies with better sustainability characteristics. Sustainability characteristics are also considered in the selection of property and alternative funds.

The Environmental, Social & Governance (ESG) Risk Rating measures the degree to which a company's economic value is at risk due to not considering ESG factors using a calculation of the company's unmanaged ESG risks.

Fossil Fuel Involvement measures the percentage of earnings that companies get from thermal coal extraction, coal-based power generation, oil and gas production, oil and gas based power generation, and oil and gas related products and services.

Carbon intensity is a metric used to compare company emissions across industries. The absolute emissions is divided by total earnings with the figure expressed in tonnes of carbon dioxide equivalent per million USD of total earnings.

ESG Score

Characteristic Fund Benchmark
Environmental Risk 3.8 4.4
Societal Risk 8.5 9.1
Governance Risk 5.9 6.2
Overall ESG Risk 18.4 19.9
Fossil Fuel 6.5 8.7
Carbon Intensity 72.8 121.5
Note that ESG scores are currently only calculated for equities and corporate bonds. A lower score indicates a lower level of unmanaged ESG risk and a lower level of potential risk to the economic value.

Fund Holdings

Asset allocation

Top ten share holdings

Stock name% of fund
Apple Inc4.70
NVIDIA Corp4.60
Microsoft Corp4.00
Amazon.com Inc1.90
Alphabet Inc1.80
Tesla Inc1.50
META PLATFORMS INC1.20
Visa Inc1.00
Broadcom Inc1.00
MasterCard Inc0.90

Share sector distribution

Share regional distribution

Bond portfolio credit quality

Alternatives listed by managers

Downloads

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Important Information

Fund performance figures shown are as at 18/11/2024 and before tax and annual management charges. The return on policies linked to a fund may differ from the performance figures shown due to the effect of charges.

While the information set out is accurate at the date of publication, we cannot guarantee its accuracy after that.

Before you invest in a fund it is important that you speak with your AIB Advisor to ensure you understand and are comfortable with all features of the fund, including the risks involved. We refer you to our Fund Guide which details all such features (including the risks) and which is available from your AIB Advisor.