Aviva is re-launching the Concept K Fund, which now invests in a non-performance fee share class.
The fund is available to new business and switches across certain savings, investments, and pension products.
Published: 26 May 2026
About the Concept K Fund
Long-term risk-adjusted returns: Aims to maximise returns across various market cycles.
Controlled risk profile: Maintains a tightly managed risk approach.
Volatility cap: Aims to limit portfolio volatility to 10%.
Drawdown management: Aims to keep annual maximum drawdowns at 10%, which the investment team have successfully achieved in most years.
Low correlation with traditional assets: Offers diversification benefits through minimal correlation with bonds and equities.
Unconstrained asset allocation: Allows flexibility to adjust exposures based on current risk/return requirements.
Lower realised volatility: Exhibits average 5-year volatility of 6.4%, significantly lower than traditional equity funds1.
Resilience in a fluctuating market: Provides stability and protection in turbulent market conditions.
Liquid strategy: with no minimum investment commitment required, subject to prevailing product conditions.
No performance fee: The new version of the fund does not charge a performance fee and is priced +0.30% above Aviva’s standard annual management charge.
Fund Performance to 01 April 20252
1 Year
2 Years Ann
3 Years Ann
5 Years Ann
Concept K
3.6%
5.1%
3.6%
6.2%
We have updated our content:
We have updated our content, including application forms, broker guides, and charging sheets, to reflect the revised charging structure and fund availability.
1. Source: Longboat Analytics to 28 February 2025. 2. Source: Longboat Analytics to 01 April 2025. Based on gross fund performance.
Warning: Past performance is not a reliable guide to future performance. Warning: The value of your investment may go down as well as up. Warning: The income you earn from this 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: These funds may be affected by changes in currency exchange rates. Warning: If you invest in a pension, you will not have access to your money until you retire.
Income Protection Support
Fur further information on Aviva's Protection product, please visit avivabroker.ie/protection or talk to your account manager
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