PRCA
Indexed Australasia Property Fund
The Indexed Australasia Property Fund is a unit-linked fund that gives you the opportunity to participate in the performance of some of Australasia's leading real estate companies. 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. This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor. The unit-linked fund can have exposure to cash as part of the management of the fund.
Main features
- Indicative equity exposure: 100% of the value of the fund
- Opportunity to invest in a diversified portfolio of listed Australasian property companies and Real Estate Investment Trusts (REITs) with higher than average dividend yields.
- Risk rating: 6
- SFDR Class: Article 6
How it works
The fund objective is to provide investors with exposure to the Australasian real estate sector. The fund currently achieves this by investing in the iShares Asia Property Yield 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 Index covers property companies and Real Estate Investment Trusts (REITs) that pay a higher percentage of their profits as income. This fund invests some of its assets outside the eurozone so a currency risk arises for a euro investor.
BlackRock does not guarantee that the iShares Asia Property Yield UCITS ETF 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 10/05/2024)
Price
39.750
41.842
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 €39.6 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, September 2024.