Active Asset Allocation Fund

The Active Asset Allocation Fund (AAA) is an actively managed, diversified unit-linked fund that seeks to achieve performance from a well-diversified portfolio of global equities, government bonds, property shares, cash and alternatives.

Alternatives can include precious metals such as gold and copper, as well as investments in water infrastructure and agriculture. Our investment team assess the asset allocation on a continuous basis.

Main features

  • Actively managed, diversified unit-linked fund.
  • Offers access to the performance of a wide range of asset classes without the large administrative costs incurred dealing directly in the asset classes.
  • Risk rating: 4

Who should invest in the fund?

  • Suitable for investors looking for a strong performance track record with low volatility.
  • Designed for investors who are comfortable with a medium level of risk.
  • For investors who have a medium to long-term investment horizon.

Find out if this fund is available for your product choice (PDF - 226 KB)

How it works

Over the long-term, investing in higher risk assets such as equities is expected to give higher returns. However, this may not be appealing if you're looking for a less volatile vehicle for your money. By investing across a wider range of asset classes, as well as having a lower exposure to higher risk assets, the AAA fund can deliver lower volatility.

It's designed to perform in a variety of market conditions, so if equities are under performing, it can be counter-balanced by the performance of other asset classes which have low/lower correlations to the movement in equity prices.

The fund invests in a number of existing Zurich Life actively managed funds including the International Equity Fund and Active Fixed Income Fund as well as a number of Exchange Traded Funds/Certificates (ETFs). Our team of fund managers actively manage the allocation between the different asset classes.

A currency risk arises as some of the investments held are from outside the eurozone.

Asset Split**

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 €21.6 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 2017.

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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