Migdal Offers Investors Currency-Hedged and Unhedged US Tech Stock Options

Migdal has introduced a unique investment offering in the Israeli market that allows investors to choose between two tracks following US technology sector stocks: one with full exposure to the US dollar and another with complete currency hedging that neutralizes exchange rate fluctuations. Until now, investors seeking exposure to American tech stocks had to accept currency risk by default, which affected their returns. This innovation comes amid significant dollar-shekel exchange rate volatility, which has led institutional investors to sell tens of billions of dollars, thereby weakening the shekel.

Yuval Bar Even, Head of Investment for Pensioners at Migdal, emphasized that the sharp currency fluctuations in recent years created a real need for investment solutions offering savers control, certainty, and flexibility. Yogev Ben Ziv, Head of Long-Term Savings, noted increasing demand from savers and agents for investment options that allow more precise risk adjustment to individual needs. Migdal's dual-track approach aims to address these concerns by providing tailored currency exposure choices for Israeli investors in US tech stocks.