The investment objective of the fund is to achieve long-term capital growth. The fund seeks to make a return in line with the average pension managed fund in Ireland.This is a managed fund with exposure to a range of domestic and international equity, bond, property and cash markets. The asset distribution will reflect the average distribution of Pension Managed Funds in Ireland. Equities and bonds are passively managed and seek to track their relevant market index. Property exposure is achieved through the Allied Irish Property Fund.