The New Ireland
Master Trust
A suite of funds designed to suit various investment risk profiles.
Investment Solutions
We offer a suite of funds designed to suit various investment risk profiles, ranging from very low risk to high risk, allowing members to make their own investment decision.
- Combining the different strengths of our Irish and international investment partners presents a robust investment proposition, offering a choice of investment styles, from active to passive, and investing across a broad range of asset classes, geographic regions and market sectors.
- The range of investment managers available under the New Ireland Master Trust include State Street Global Advisors (SSGA), Legal & General Investment Managers (LGIM), Bank of New York Mellon (BNY Mellon) as well as a wide range of managers that are included under the iFunds and PRIME blended funds.
The New Ireland Preferred Suite of Funds offers members a choice of management style (both active and passive) across a range of risk appetites coupled with a diversified choice of independent fund managers. The funds available in the Preferred Suite of Funds and their risk ratings are included below.
You can find more information in the Investment Choice Member Guide and recent performance is included in the Group Pension Quarterly Report.
Passive IRIS
Our passively managed target date fund core investment strategy
Passive IRIS is an ideal investment solution for members who want to take a retirement lump sum and invest in an Approved Retirement Fund (ARF) at retirement. Additional Passive IRIS options aimed at individuals who want to purchase an annuity or take a cash lump sum at retirement are also available.
Passive IRIS has a number of unique characteristics:
- The individual enters a fund dictated by their expected retirement age
- The individual remains in the one fund throughout their retirement journey
- The asset mix of that fund changes over the term, reducing risk assets the closer the individual approaches retirement
- Unlike other default lifestyle strategies available in the Irish market, Passive IRIS allows members to switch in and out of the fund and combine it with any other available funds in order to facilitate maximum fund flexibility
Find out more about Passive IRIS here.
ESG Investing
We believe that environmental, social and corporate governance (ESG) factors may have a material impact on investment risk and return outcomes and that good stewardship can create and preserve value for companies and markets as a whole. The trustee also recognises that long term sustainability issues, particularly climate change, present risks and opportunities that increasingly may require explicit consideration.
The New Ireland Assurance Responsible Investment Policy and Engagement Policy sets out how we incorporate ESG considerations and sustainability risks into our investments and how we engage and interact with the management of the companies in which we invest. The scope and application of the policies and the responsibilities and obligations arising under the policies are also set out.
Our Sustainable Investing webpage sets out our commitment to sustainable finance and includes all relevant polices and documentation.
Article 8 Investing
New Ireland’s PRIME range of funds, available under the New Ireland Master Trust Preferred Suite of funds incorporates Environmental, Social and Governance (ESG) goals into its investment process.
PRIME funds are categorised as Article 8 under the Sustainable Financial Disclosure Regulations (SFDR) meaning they promote, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices. They use exclusions, tilting and asset stewardship to promote Environmental and Social objectives as well as promote good governance.
The PRIME 3 fund is also a significant element of the default Passive IRIS (ARF Option) fund.
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.
Warning: These funds may be affected by changes in currency exchange rates.
Find Out More
See the New Ireland Master Trust brochure for more information.
Contact Our Team
To find out more about the New Ireland Master Trust, please contact Neville Maxwell, Group Pensions Sales Manager at neville.maxwell@newireland.ie or your New Ireland Account Manager.
Dawson Master Trustee DAC is a subsidiary of Bank of Ireland Life Holdings Ltd. and was established for the sole purpose of providing a trustee service to New Ireland Master Trust. Dawson Master Trustee DAC is authorised by the Central Bank of Ireland to undertake Trust Service Provider business under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.