Managed Fund

Description:

The Managed Fund is an actively managed multi-asset portfolio, which holds a combination of equities, fixed income, property, commodities, cash and absolute value. The Fund holds between 50-80% of its assets in equities, reflecting the breadth of the market and Setanta’s expertise in the area. The portfolio is managed in accordance with the Setanta investment philosophy. That is, the managers seek to own good assets for the long-term at prices below what they think they’re worth, carefully considering each investment’s risk profile.

 

Investment Objective:

The investment objective of the Fund is to outperform the median of competitor Managed Fund offerings over the long term.

Key Information & Disclosures(s)

The Managed Fund is managed by Setanta Asset Management Limited and is a representative account of the Managed strategy. The Fund is currently available in Ireland via a unit-linked offering of Irish Life Assurance. Learn more

For these life assurance products, investors should refer to the relevant policy conditions. The strategy is also available on a segregated basis to institutional investors.

The EU Sustainable Finance Disclosure Regulation (“SFDR”) requires a determination, on a product-by-product basis, whether sustainability risks are relevant to financial products. For the purposes of SFDR, “sustainability risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.

While sustainability risks might (from an economic perspective) have a material negative effect on the returns of the Managed Strategy, we have determined that sustainability risks are not relevant to the Strategy. The Strategy does not expressly promote or have a core objective concerning sustainability matters as set out in SFDR, or expressly oblige Setanta to integrate sustainability risks into its investment decision making and/or assess the likely impacts of sustainability risks on the returns of the Strategy.

Setanta will keep its assessment that sustainability risks are not relevant to the Strategy under regular review. Setanta has implemented a policy in respect of the integration of sustainability risks in its investment decision making process on a firm-wide basis. This policy is available here.

WARNING: Past performance is not a reliable indicator of future results. The price of units and the income from them may go down as well as up and investors may not get back the amount invested. The return may increase or decrease as a result of currency fluctuations. Forecasts are not a reliable indicator of future performance.