PHDA

Protected 70 Fund

The Protected 70 Fund is an actively managed fund which invests up to 90% in the equity based Dynamic Fund and the balance in a Cash Fund.

Main features

  • Actively managed fund with investments in a combination of the Dynamic Fund and a Cash Fund
  • Protected Price: equal to 70% of its highest ever unit price
  • Risk rating: 4

Who should invest in the fund?

  • Protected 70 is one of three Protected Funds, designed for investors who have a medium to long term investment horizon, who are comfortable with a medium to high level of risk and want to earn real investment returns while limiting exposure to risk.
  • You can invest in one or a combination of the Protected Funds (see Protected 80 and Protected 90), to more closely match your personal risk profile.
  • If your attitude to risk changes over time and you want to limit your investment risk or increase your potential return, you have the flexibility to switch between the three funds or any other funds available to your product.

Find out if this fund is available for your product choice (PDF - 278 KB)

How it works

This aim of this fund is to offer you the potential to earn real investment returns while limiting your exposure to risk.

The Cash Fund, managed by Zurich Life, invests in deposits with leading financial institutions, money market instruments and short-dated government securities. Only euro exposure is permitted in this fund. In terms of currency, the fund is managed from the point of view of a eurozone investor.

The allocation to the Dynamic Fund varies between a maximum of 90%* and a minimum of 0% depending on investment conditions and how close the Fund's price is to its Protected Price. The Fund will reduce its allocation to the Dynamic Fund when the Dynamic Fund unit price is falling, protecting the Fund from further falls. It will increase its allocation when the Dynamic Fund unit price is rising, allowing the Fund to benefit from future rises. As this fund invests some of its assets outside the eurozone, a currency risk arises for a euro investor.

The risk is limited because it gives you a Protected Price of 70%, meaning it can't ever fall below 70% of the highest ever unit price. The protection is provided by Barclays Bank Plc.**

The Fund is managed from the point of view of a eurozone investor by Zurich Life / Barclays Bank plc †.

It's available through the following products:

  • LifeSave Investment Bond
  • LifeSave Savings Plus
  • Personal Pension – single premium
  • Executive Pension – single premium
  • A(M)RF

 

* 90% is the target maximum exposure to the Dynamic Fund. It is possible for the Fund to have a higher exposure to the Dynamic Fund at certain times.

** Zurich Life reserves the right to replace Barclays Bank with another institution at any stage.

† The underlying Dynamic and Cash Funds are managed from the point of view of a eurozone investor by Zurich Life. Barclays Bank plc calculates the allocation to the Dynamic Fund on a daily basis.

Barclays Bank Plc is authorised by the Prudential Regulation Authority and is regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

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 Life?

At Zurich Life, we believe that the macro economic environment is the key driver for investment market themes. We are business cycle investors, and our portfolios are constructed to take advantage of investment opportunities over all parts of the economic cycle.

Our investment managers closely co-operate to make decisions across assets, markets and sectors, taking a 'top-down' approach to identify trends and to bring the best investment opportunities to our clients.

It's widely accepted that long-term investment returns within an investor's portfolio are driven by asset allocation. Asset allocation decisions have become increasing complex over the years, due to a changing economic landscape and market volatility. At Zurich Life, we have a reputation for making the right investment decisions at the right time.

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.

Get in touch

Call our Financial Planning Team

Arrange a callback from us

Get local advice