Multi Asset Solutions Lifestyle strategies - Aviva

Multi Asset Solutions
Lifestyle strategies
The next generation of lifestyle strategies
Lifestyling is a very simple concept designed to give you the peace of mind in
knowing that as you approach retirement, your pension fund is managed in a way
that progressively reduces your exposure to risker assets, such as equities, and
toward lower risk assets such as bonds or cash.
This in effect means that the pension fund you have built up is gradually “de-risked” over
a set period of time prior to your retirement age; the strategy uses an automatic system
that gradually switches your pension fund from higher-risk funds to lower risk funds as you
approach retirement.
Introducing the new Lifestyle Multi Asset strategies for pension
investors
› Cautious Multi Asset Fund
Multi Asset Funds from Aviva consist of three
globally focused investment funds, designed to
› Strategic Multi Asset Fund
› Dynamic Multi Asset Fund
meet your investment objectives. The three funds are:
Warning: The value of your investment may go down as well as up.
Warning: If you invest in these funds you may lose some or all of the money you invest.
Warning: If you invest in these funds you will not have any access to your money before you retire.
Warning: These funds may be affected by changes in currency exchange rates.
Warning: Withdrawals and switches from these funds may be deferred for up to 3 months.

Lifestyle Multi Asset Strategy - Annuity
The Lifestyle Multi Asset Strategy - Annuity allows you access to a “basket” of funds, which will be automatically managed to
ensure that the risk profile of your assets reduces over a twenty year period prior to your retirement.
Your ‘basket’ of funds is made up of:
› Each of the 3 new Multi Asset Funds – at different stages over the twenty year de-risking period
› The Aviva Irl Bond Fund, and
› The Aviva Irl Cash Fund.
When entering the lifestyle strategy, you will need to select your retirement age, known as the normal retirement age (NRA).
Once selected, the percentage allocation to each fund within the “basket” will depend on how many years/months are left
before reaching your NRA.
Annuity de-risking over a 20 year period - in action
Provided you have greater than 20 years left before your NRA, 100% of all your contributions will be invested in the Dynamic
Multi Asset Fund † . At the 20 year period, you enter the de-risking* stage and it proceeds as follows:
20 -15 years to NRA - Your contributions and your accumulated value will gradually de-risk into the Strategic
Multi Asset Fund † over this 5 year period
15 - 10 years to NRA - 100% of your contributions and your accumulated value will be invested in the Strategic
Multi Asset Fund
10 - 5 years to NRA - Your contributions and your accumulated value will gradually de-risk into the Cautious
Multi Asset Fund † over this 5 year period
5 years to NRA - Your contributions and your accumulated value will gradually de-risk into 75% Aviva Irl
Bond Fund and 25% Aviva Irl Cash Fund over this 5 year period
This approach offers you exposure to a global blend of asset classes including equities, bonds, property, cash and alternatives
(such as commodities) giving you the benefits of diversification in the early years, allowing your pension fund the potential for
growth. Then as the fund gradually de-risks over time (as set out below), this ensures your fund will have decreased exposure to
stockmarket volatility as you head towards your retirement.
› Annuity
Higher Risk
Lower Risk
From month 180 to 121
100% of your contributions and
fund remains invested in the
Strategic Multi Asset Fund
241 240 210 180 150 120 90
For pension investors, we have introduced
two different lifestyle strategies - an Annuity
strategy and an ARF strategy. These new
lifestyle strategies from Aviva incorporate
each of the three Multi Asset Funds.
Number of months before Normal Retirement Age
60 30 1
Dynamic Multi Asset Fund Strategic Multi Asset Fund Cautious Multi Asset Fund Bond Fund Cash
* The first switch occurs on the same day of the month as the policy commencement date, immediately prior to the birthday
that is twenty years before the NRA. The switching of funds occurs evenly and monthly between the whole months shown in the
tables above.
While investing in a Lifestyle strategy is designed to reduce the impact of stockmarket falls in the years before retirement,
investors should be aware that this strategy can also reduce the benefits of any stockmarket gains during the same period.
† For detailed information on these funds please read the Multi Asset Solutions brochure and talk to your Financial Adviser.

Lifestyle Multi Asset Strategy - ARF
The Lifestyle Multi Asset Strategy - ARF allows you access to a “basket” of funds, which will be automatically managed to ensure
that the risk profile of your assets reduces over a twenty year period prior to your retirement.
Your ‘basket’ of funds is made up of:
› Each of the 3 new Multi Asset Funds – at different stages over the de-risking period, and
› The Aviva Irl Cash Fund
When entering the lifestyle strategy, you will need to select your retirement age, known as the normal retirement age (NRA).
Once selected, the percentage allocation to each fund within the “basket” will depend on how many years/months are left
before reaching your NRA.
ARF de-risking over a 20 year period - in action
Provided you have greater than 20 years left before your NRA, 100% of all your contributions will be invested in the Dynamic
Multi Asset Fund † . At the 20 year period, you enter the de-risking* stage and it proceeds as follows:
20 - 15 years to NRA - Your contributions and your accumulated value will gradually de-risk into the Strategic
Multi Asset Fund † over this 5 year period
15 - 10 years to NRA - 100% of your contributions and your accumulated value will be invested in the Strategic
Multi Asset Fund
10 - 5 years to NRA - Your contributions and your accumulated value will gradually de-risk into the Cautious
Multi Asset Fund † over this 5 year period
5 years to NRA - Your contributions and your accumulated value will gradually de-risk into 75% Cautious
Multi Asset Fund † and 25% Aviva Irl Cash Fund over this 5 year period
This approach offers you exposure to a global blend of asset classes including equities, bonds, property, cash and alternatives
(such as commodities) giving you the benefits of diversification in the early years, allowing your pension fund the potential for
growth. Then as the fund gradually de-risks over time (as set out below), this ensures your fund will have decreased exposure to
stockmarket volatility as you head towards your retirement.
› ARF
Higher Risk
Lower Risk
From month 180 to 121 100% of your contributions
and fund remains invested in the
Strategic Multi Asset Fund
241 240 210 180 150 120 90
Number of months before Normal Retirement Age
60 30 1
Dynamic Multi Asset Fund Strategic Multi Asset Fund
Cautious Multi Asset Fund
Cash
* The first switch occurs on the same day of the month as the policy commencement date, immediately prior to the birthday
that is twenty years before the NRA. The switching of funds occurs evenly and monthly between the whole months shown in the
tables above.
While investing in a Lifestyle strategy is designed to reduce the impact of stockmarket falls in the years before retirement,
investors should be aware that this strategy can also reduce the benefits of any stockmarket gains during the same period.
The effect of changing the retirement age
If you ask us to change your normal retirement age (within the Revenue limits), the fund allocations within the each of the
lifestyle strategies will be altered to take account of the higher or lower number of years before you will retire.
† For detailed information on these funds please read the Multi Asset Solutions brochure and speak to your Financial Adviser.

Warning: The value of your investment may go down as well as up.
Warning: If you invest in these funds you may lose some or all of the money you invest.
Warning: If you invest in these funds you will not have any access to your money before you retire.
Warning: These funds may be affected by changes in currency exchange rates.
Warning: Withdrawals and switches from these funds may be deferred for up to 3 months.
Aviva Life & Pensions Ireland Limited. A private company limited by shares.
Registered in Ireland No. 252737 Registered Office One Park Place, Hatch Street, Dublin 2.
Member of the Irish Insurance Federation. Aviva Life & Pensions Ireland Limited is regulated by the Central Bank of Ireland.
Aviva Life & Pensions Ireland Limited is a subsidiary of Aviva Life Holdings Ireland Limited, a joint venture company between Aviva Group Ireland plc and Allied Irish Banks, p.l.c.
Life & Pensions One Park Place, Hatch Street, Dublin 2. Phone (01) 898 7000 Fax (01) 898 7329
www.avivabroker.ie Telephone calls may be recorded for quality assurance purposes.
1.343.02.12