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1. The fund will be managed according to the ISA instructions for managing a tracking fund. 2. The fund manager will act to neutralize the exposure to the USD versus the ILS, which will be used for operational needs only, which will not be less than (-10%) and will not exceed 10%. 3. There will be no exposure to non-investment grade bonds and to credit risks of banking corporates which are not included in the first credit risk group. 4. The total value of foreign securities, foreign options, units of foreign funds, tracking- open-end funds whose benchmark is a foreign index or commodity, and foreign currency that will be held in the fund plus the exposure to an underlying asset traded overseas through derivatives activity in overseas stock exchanges may exceed 10%. 5. The fund manager is entitled to invest the fund's means according to his own discretion.
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2020 | Now |
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