Investment Choice
Meeting the needs of all members is crucial in a pension scheme. Within CIRT, we have a broad range of investment options available to you, so you can choose investment funds that are suited to your own attitude to and capacity for risk.
The Trustee recommend that members should consider taking investment advice when reviewing their investment choice. The CERS Trustee preferred financial adviser is Milestone Advisory DAC.
You can contact Milestone Advisory or your own financial adviser to assist you when reviewing your investment choices. You can contact the Milestone Advisory team via email ([email protected] ) or call (01) 4068020. Milestone Advisory DAC t/a Milestone Advisory is regulated by the Central Bank of Ireland.
CIRT Multi Asset Fund (Default Fund)
This a diversified multi asset fund designed to deliver long term returns in excess of inflation whilst aiming to limit its exposure to the extreme downside which typically accompany bear markets.
The fund invests in both indexed and active strategies through the investment strategies of the five available CIRT Funds, i.e. Bond Fund, Cash Fund, Equity Fund, Property Fund and Alternative Assets Fund. The asset mix is reviewed regularly and can be updated.
This fund is suitable for investors who are seeking long term growth but appreciate the performance can experience material fluctuations as it is a medium to high risk fund.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Multi Asset Fund Fact Sheet
CIRT Bond Fund
This fund invests in indexed Euro bonds managed i.e. it is designed to replicate (or track) the returns of the relevant bond market indices.
Currently 75% of the fund invest in government bonds tracking the BofA Merrill Lynch GDP > 10 Year Index and the balance invests in corporate bonds tracking the BofA Merrill Lynch EMU Large Cap Corporate Non-Financial Bond Index. The fund is not guaranteed.
This fund is suitable for investors who are seeking moderate long term growth but appreciate the performance can experience material fluctuations as it is a medium risk fund.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Bond Fund Fact Sheet
CIRT Cash Fund
This is an actively managed fund that can invest in a mix of term deposits and other cash like instruments. The objective of the fund is to provide capital protection, however it is not a guaranteed fund.
The fund can invest in a mix of deposits, short dated bonds and money market instruments. The counterparty risk is monitored and reviewed on an ongoing basis. All investments within the Cash Fund must be Euro denominated, as no foreign exchange risk can be assumed within the fund
While the fund is not guaranteed this fund is suitable for investors who are seeking to maxmimise capital protection but appreciate the performance over the long term is unlikely to be in excess of inflation.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Cash Fund Fact Sheet
CIRT Equity Fund
The Equity Fund invests in global equities including an allocation to emerging market equities. The Equity Fund is indexed i.e. it is designed to replicate (or track) the returns of the relevant equity market indices.
Currently 85% invests in equities tracking the MSCI World Index with half of this exposure hedged for any non-Euro currency risk. The balance invests in equities tracking the MSCI Emerging Market Equity Index.
This fund is suitable for investors who are seeking high long term growth but appreciate the performance can experience can experience significant fluctuations as it is a high risk fund.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Equity Fund Fact Sheet
CIRT Property Fund
The Irish Property Fund is an actively managed Property Fund, which gives investors exposure to Irish Commercial Property.
The fund is invested in a well diversified spread of commercial properties with a mix of office, retail and industrial properties. The properties are let on long-term leases to a portfolio of blue-chip tenants. This gives the fund a steady and secure source of income.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Property Fund Fact Sheet
CIRT Alternative Asset Fund
This fund invests across a range of alternative investment strategies that are typically very actively managed. It delivers exposure to absolute return investment strategies and forestry assets.
The fund aims to reduce volatility compared to other growth funds. The fund currently invests in 3 underlying investment funds which are reviewed from time to time and can be updated.
This fund is suitable for investors who are seeking moderate long term growth but appreciate the performance can experience material fluctuations as it is a medium risk fund.
Warning: If you invest in this product you may lose some or all of the money you invest.
Please click here to view the most recent Fact Sheet CIRT Alternative Asset Fund Fact Sheet