QCAA
Indexed Inflation-linked Bond Fund
The Indexed Inflation-linked Bond Fund is a unit-linked fund that gives you the opportunity to participate in the performance of Eurozone government inflation-linked bonds. The fund currently invests in an iShares Exchange Traded Fund (ETF) managed by Blackrock. The iShares ETF is passively managed and aims to track an index, but may not track it exactly. Zurich Life reserves the right to replace this ETF with another fund at any stage. The unit-linked fund can have exposures to cash as part of the management of the fund.
Main features
- Opportunity to invest in Eurozone government inflation-linked bonds.
- Risk ratings: 4
- SFDR Class: Article 6
How it works
The fund objective is to provide investors with exposure to the performance of Eurozone government inflation-linked bonds. The fund currently achieves this by investing in the iShares Euro Inflation Linked Government Bond UCITS ETF.
This is an Exchange Traded Fund (ETF) managed by BlackRock. Zurich Life reserves the right to replace this ETF with another fund at any stage.
The coupons and maturity proceeds of inflation-linked bonds change in line with a specified inflation index. In this way, inflation-linked bonds can be used to provide protection from inflation. The inflation-linked bonds in which the fund invests are linked to indices of inflation within the Eurozone or within Eurozone member states.
The market value of inflation-linked bonds and, therefore the performance of this fund, depends on a variety of factors, including the expected level of interest rates and expected inflation.
BlackRock does not guarantee that the iShares Euro Inflation Linked Government Bond UCITS ETF Fund will always exactly mirror the index due to, amongst other things, the time lag and costs of reflecting changes in the index.
BlackRock Asset Management Ireland Limited is authorised and regulated by the Central Bank of Ireland.
Current Fund Price* (as at 09/02/2024)
Price
0.969
1.019
Asset Split**
| 95% Bonds | |
| 5% Cash |
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 quarterly.
Why Zurich?
Our investment team is based in Blackrock, Co. Dublin and is responsible for managing funds of approximately €32.2 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, September 2023.