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1. All of the fund's assets will be only assets permitted to buy and hold in a money market fund. 2. The average duration of all the assets held in the fund will not exceed, at any time, 90 days. 3. All the securities held in the fund will be ILS denominated only. 4. Term deposits and cash held in the fund will be in ILS only. 5. The fund manager will check frequently changes in the interest trends in the market which might create opportunity to move between interest channels. 6. There will be no exposure to equities, foreign currency and non-investment grade bonds. 7. There will be no exposure to cash and deposits deposited in banks which are not included in the first credit risk rating group. 8. The fund manager is entitled to invest the fund's means at his absolute discretion, and he is entitled to determine the amount of cash included in the fund's assets from time to time.
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2019 | Now |
Yaron Shemesh | - | 2018 | 2019 |
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