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1.All the fund’s assets will be as follows:Bonds traded in a stock exchange or certified market, non-linked with rest of period to redemption that does not exceed 1 year and if issued not by the state will be AA rated or higher.Short term loan with rest of period to redemption that does not exceed 13 months.Non-linked debentures rated A-1 or higher.Term deposits and cash in ILS’ provided that their rate will not exceed 50% 2.The fund will not create exposure to equities, forex, non-investment grade bonds a/o non-affinity to Israel bonds 3.The fund will crate exposure only to credit risk of banking corporates which are included in the first credit risk group 4.Term deposits together with debentures will not exceed 25% 5.Average duration of all the assets in the fuds will not exceed, at any time, 90 days 6.All securities and term deposits in the fund will be in ILS only 7.The fund’s assets will be only in securities eligible for investment according to HALACHA rules for a Kosher fund.
Name | Title | Since | Until |
---|---|---|---|
Yosi Cohen | - | 2022 | Now |
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