PHDA
Protected 70 Fund
The aim of the Protected 70 Fund is to offer you the potential to earn real investment returns while limiting your exposure to risk. The 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 ratings: 5
- SFDR Class: Article 6
How it works
The aim of this fund is to offer you the potential to earn real investment returns while limiting your exposure to risk.
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. This fund invests some of its assets outside the eurozone so 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.**
* 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.
Barclays Bank Plc is authorised by the Prudential Regulation Authority and is regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Current Fund Price* (as at 09/02/2024)
Price
0.969
1.019
Current Fund Allocation (as at 16/01/2018)
Percentage
11.30%
88.70%
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.