Irish Life property fund rises as equity fund falls in February
Company’s property fund is up 9 per cent over three years as it focuses on enhancing rental income
Some investors who were deterred from switching out of Irish Life’s property funds in January may be grateful for the investment firm’s deterrence measures, following the performance of equity markets in recent weeks.
As of last Tuesday, the company’s Irish property modules fund for unit-linked investors had risen by 0.37 per cent over the level at the beginning of February. Although the value of the fund is down 3 per cent...
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