Property Fund | Zurich Life Funds

 
TBFA
Property Fund

The Zurich Life Property Fund is a unit-linked fund that gives access to property and property related investments.

Main features

  • Primarily invests in property via an SSGA commercial property trust.
  • Also invests in property related securities and cash instruments.
  • Additional terms and conditions apply for investments in the Property fund.
  • Risk rating: 6

 

Find out if this fund is available for your product choice 

 

How it works

Your investment will initially be invested in a cash fund before being switched into the Property fund. The cash fund will have a set return of 1.5% per annum, before charges. More details are given here.

The Property Fund is a unit-linked fund that gives access to property and property related investments. The fund primarily invests in a commercial property trust, which currently invests in offices, retail, industrial and mixed use assets in Ireland, the UK and Europe (investment in any part of the world is permitted). The fund will also invest in property related securities and cash instruments. The fund may hold a significant proportion of assets in cash while seeking suitable investment opportunities. The fund may invest in forward foreign exchange contracts in order to hedge any currency exposure within the fund. State Street Global Advisors Ireland Limited manage the commercial property trust in which the fund invests.

Withdrawals and switches out of this fund can be deferred. If you invest in this fund there may be extended periods when you do not have any access to your money.

For an Approved Retirement Fund (ARF) policy, periods with no access to your money may be of particular importance if you are relying on the property fund to provide income in retirement. Tax implications may also apply as you will be taxed on income from an ARF even if you do not draw it down.

 

 
 
 

Asset Split**

 
44% Bonds
 
41% Cash
 
11% Equity
 
4% Alternatives

Annualised Performance (%)*

*Notes: Annual management charges (AMC) apply. The fund performance shown is before the full AMC is applied on your policy.

Returns are based on offer/offer performance and do not represent the return achieved by individual policies linked to the fund.

The fund price/performance shown is for the Pension / Gross of Tax Funds category.

*Source: Zurich Life

**Note: Asset Splits are updated monthly.

Why Zurich?

Our investment team is based in Blackrock, Co. Dublin and is responsible for managing funds of approximately €23.5 billion*. The most senior members of the investment team have been together for more than fifteen years. It is the close co-operation of our fund managers in making investment decisions across assets, sectors and markets that differentiates us from other fund managers. We have an integrated team-based investment process which ensures that we implement our investment strategy quickly and effectively. We are active investment managers with a macro-economic approach, which is top-down and asset allocation driven. We construct our portfolios to allow us to take advantage of opportunities over all parts of the economic cycle. Zurich has an excellent reputation for investment performance and customer service.

*Source: Zurich, October 2018.

Warning: Past performance is not a reliable guide to future performance.
Warning: Benefits may be affected by changes in currency exchange rates.
Warning: The value of your investment may go down as well as up.
Warning: If you invest in these funds you may lose some or all of the money you invest.

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