Funds categorised as Very Low Risk have the following characteristics:

• They focus on preservation of capital above all else.
• They involve very little risk to investors’ capital.
• They are only designed as short-term holdings.
• Over the medium to long term, the return on these funds may be less than inflation and may not be enough to cover product charges.
• Investments rated 1 out of 7 on New Ireland’s 7 point scale are considered Very Low Risk.

OUR VERY LOW RISK FUNDS ARE:

Cash Fund

Funds categorised as Low Risk have the following characteristics:

• They aim to provide a return in line with, or slightly better than, deposits.
• They involve very little risk to investors’ capital, provided certain conditions are met such as remaining invested for a specific period of time.
• Typically investments in this category will promise a specified return at some point in the future, e.g. a minimum of 100% capital back in 5 years’ time.
• Pension investors should note that Low Risk investments provide little or no protection against annuity rate risk.

Investments rated 2 out of 7 on New Ireland’s 7 point scale are considered Low Risk.

Funds categorised as Low to Medium Risk have the following characteristics:

• They offer the potential for returns in excess of deposits but do not promise a minimum return at any time.
• They tend to invest in a range of assets, normally focusing on lower risk assets such as government bonds and investment grade corporate bonds.
• However they also typically invest in higher risk assets such as equities, property and alternatives (e.g. commodities).  At times these investments may be a significant proportion of the fund.
• Investors’ capital is less exposed to market fluctuations than higher risk investments but investors may get back less than they originally invested.

Investments rated 3 out of 7 on New Ireland’s 7 point scale are considered Low to Medium Risk.

OUR LOW TO MEDIUM RISK FUND:

BNY Mellon Absolute Return Bond Fund

iFunds 3

Indexed Euro Corporate Bond Fund

PRIME 3 Flyer

PruFund Cautious

Sentinel II Fund

Funds categorised as Medium Risk have the following characteristics:

• They offer the potential for returns in excess of deposits but do not promise a minimum return at any time.
• They tend to invest in a range of assets, including lower risk assets such as government bonds and investment grade corporate bonds, but are more focused on higher risk assets such as equities, property and alternatives (e.g. commodities).
• Investors’ capital is less exposed to market fluctuations than higher risk investments but investors may get back less than they originally invested.

Investments rated 4 out of 7 on New Ireland’s 7 point scale are considered Medium Risk.

OUR MEDIUM RISK FUNDS ARE:

Gilt Fund

BNY Mellon Global Real Return Fund Flyer

Evergreen Fund

Income and Growth Fund

Indexed Eurozone Long Bond Fund

iFunds 4

PRIME 4 Flyer

PruFund Growth

Funds categorised as Medium to High Risk have the following characteristics:

• They aim to generate a return higher than deposits and inflation.
• They typically invest significant proportions in assets such as equities, property and alternatives (e.g. commodities).  They usually hold smaller amounts in lower risk assets such as government bonds and investment grade corporate bonds.
• Within these asset classes risk can be reduced by investing across sectors and geographic regions.
• Investors’ capital is not secure and can fluctuate, sometimes significantly, and investors may get back less than they originally invested.

Investments rated 5 out of 7 on New Ireland’s 7 point scale are considered Medium to high Risk.

OUR MEDIUM TO HIGH RISK FUNDS:

Ethical Managed Fund Flyer

Pension Managed Fund

Pension Passive Multi-Asset Fund

iFunds 5

PRIME 5 Flyer

Funds categorised as High Risk have the following characteristics:

• The potential return from high risk investments is much higher than deposits or inflation.
• The focus is on maximising the potential return to investors, rather than minimising risks.
• Some high risk funds may consist almost entirely of one asset class or be concentrated in one geographic region or sector.
• Investors’ capital is not secure and may fluctuate significantly.  Investors may get back substantially less than they originally invested.

Investments rated 6 out of 7 on New Ireland’s 7 point scale are considered High Risk

OUR HIGH RISK FUNDS:

Alternative Energy Fund

Asia Pacific Equity Fund

Ethical Equity Fund

Euroland Equity Fund

Pension Eurozone Equity Indexed Fund

European Equity Fund

Global Equity Fund

Global Emerging Markets Fund

High Yield Equity Fund

iFunds Equities

Indexed All Equity Fund

Innovator Fund

International Equity Fund

North American Equity Fund

North American Equity Indexed Fund

PRIME Equities Flyer

Spotlight Fund Flyer

Pension Technology Indexed Fund

Pension UK Equity Indexed Fund

Water Fund

World Index Fund (Hedged) Flyer

World Index Fund Unhedged Flyer

Funds categorised as Very High Risk have the following characteristics:

• They aim to generate exceptional returns for investors, but involve a significant level of risk.
• Very high risk funds may borrow to finance the purchase of assets and while this offers the potential for higher returns, any losses incurred by the fund will be magnified as a result of borrowings.
• In a worst case scenario, investors in a very high risk fund could lose all of their original investment.

Investments rated 7 out of 7 on New Ireland’s 7 point scale are considered Very High Risk

OUR VERY HIGH RISK FUNDS: