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Clear Invest

A life assurance lump sum investment product from Irish Life.

The letter P for PTSB carved out in a slate of black marble

Clear Invest is a life assurance lump sum investment product from Irish Life. Your money is invested in one or a combination of Irish life investment funds. Clear Invest could be ideal if you have money to invest and are hoping to achieve higher returns than a deposit account while at the same time hoping to out-perform inflation.

Fund choice

Clear Invest gives you access to nine great funds, managed by a selection of fund managers, including Irish Life’s range of Multi Asset Portfolio Funds which range from lower risk to higher risk to suit different attitudes to risk. These funds are invested in a wide range of cash, property, shares and bonds.

Each Multi Asset Portfolio Fund uses the Dynamic Share to Cash (DSC) model. The DSC aims to reduce the amount invested in shares when it identifies greater potential for stock market falls. As the name suggests, the Multi Asset Portfolio Funds invest in a wide range of assets. We recommend that you diversify your investment by not putting all your ‘eggs in one basket’ and these funds allow you to do just that.

As well as the MAPS funds, there are four other funds for you to choose from – the Consensus Fund, the Consensus Cautious Fund, the Consensus Equity Fund and the Property Portfolio fund. Each of the funds available on Clear Invest has a different level of risk and possible returns.

Why Clear Invest?

Clear Invest might suit you if you:

  • Want to invest for at least 5 years.
  • Have at least €15,000 to invest.
  • Do not need to protect your money and are prepared to risk getting back less than you put in.
  • Are prepared for the value of your investment to change over time.
  • Are aged between 18 and 75.

Dynamic Share to Cash (DSC) model

Irish Life’s DSC model is used on all five Multi Asset Portfolio Funds. This innovative model uses a multi-factor approach to identifying long-term stock market trends and movements. The advantage of having the DSC is that it aims to reduce the amount invested in Developed Market Shares and increase the amount in cash when it identifies greater potential for stock market falls. As importantly, when the DSC identifies greater potential for stock market recovery, it will move back out of cash and into Developed Market Shares.

This innovative solution is a market first in Ireland and Irish Life Investment Managers (ILIM) have spent two years developing and testing this model. It is important to note that the DSC looks at long-term movements and trends in the market and is not designed to react to one-off or short-term jumps or shocks.

Also, currently DSC applies to Developed Market Shares, though ILIM will continually review this and, in the future, a similar process may apply to other assets.

Online services

With Irish Life’s online services you can keep track of your investment at a time that suits you. You can even switch your funds online free of charge.


With Clear Invest, your lump sum minus the 1% government levy is invested from day one. If you choose to invest in any of the funds available and continue to invest for more than five years, the only charges will be an annual fund charge. An incentive fee may apply to certain funds.

Early encashment charges apply to each of the Clear Invest fund options. Please see the product booklet for full details.

Warning: The value of your investment may go down as well as up.

Warning: This product may be affected by changes in currency exchange rates.

Warning: If you invest in this product you may lose some or all of the money you invest.

Permanent TSB plc trading as PTSB is regulated by the Central Bank of Ireland. Permanent TSB plc is tied to Irish Life Assurance plc for life and pensions products. Irish Life Assurance plc is regulated by the Central Bank of Ireland.

MAPs Funds

Find out more about Multi Asset Portfolio Funds (MAPs) from Irish Life

Clear Invest Brochure

Read the Clear Invest Brochure to find out more about this product.

Sustainable Investing

Further Information on how PTSB considers sustainability within the investment advice it provides.

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