Full coverage· Economy· Updated
Israeli Provident Funds Show Mixed September Returns
Israeli provident funds saw minimal returns in September, with general track funds near zero and equity funds around 0.5%. Clal and Migdal led the general track, while Harel topped the equity track. Long-term performance shows Clal leading in both tracks over one and three years.
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What happened
- 01Provident funds yielded near zero in the general track and 0.5% in equities in September.
- 02Clal and Migdal led the general track, while Harel led the equity track for the month.
- 03Clal leads in both general and equity tracks over one and three-year periods.
- 04Fund performance varies due to asset allocation, hedging, and currency exposure.
- 05Investors are advised to check management fees and align fund choice with savings goals.
Investors should consider management fees and savings goals when choosing or switching funds.
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