Mr. Oliver Gilvarry:

On the infrastructure fund, the aim is to draw it down when we hit problems so that we support the NDP. In that sense, if we are facing a situation where we are in difficulty or there is a slowdown in the economy, that boosts us so, in theory, the spending rule should not have an impact.

I will pass over to Mr. Ashmore regarding the investment strategy for the future Ireland fund and the ICNF.