Hibernian Life's property fund has reopened for a limited period to December 10th. The Hibernian Property Fund has returned an average of 15.1 per cent annually over the last five years. It includes office, retail and commercial properties. The portfolio contains properties such as the HMV shop on Grafton Street and Oracle House on Herbert Street.

Taxes are paid within the fund so encashment is free of income and capital gains tax. The minimum investment is £3,000 (€3,809) and is accepted on a first-come, first-served basis.

Fund charges include an initial set up bid/offer spread of 5 per cent which reduces to 2 per cent for larger investments. An annual management charge of 1 per cent also applies and one free switch between funds is allowed per year.