The Hishtalmut Clali fund of Analyst IMS Investment Management Services Ltd. (TASE:ANLT) was the top-ranked large advanced training fund tracked by "Globes" for the fifth consecutive month. A large fund has more than NIS 1 billion in funds. Analyst's Hishtalmut Clali fund, which has NIS 1.86 billion in funds, had a cumulative 12-month return of 49.44% through November 2009.
The Minahelim advanced training fund of Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) is in second place. The fund, which has NIS 1.67 billion in funds, had a cumulative 12-month return of 36.47%. DS Apex Holdings Ltd.'s (TASE:DSAP) Hishtalmut B fund, which has NIS 1.02 billion in assets under management, had a cumulative 12-month return of 33.99% is in third place, and its Hishtalmut fund, with NIS 4.48 billion in funds and a cumulative 12-month return of 32.95% was in fourth place.
Psagot Investment House Ltd.'s Kinneret fund, NIS 1.86 billion in funds, had a cumulative 12-month return of 31.27%, though a 36-month return of 4.85%.
Among the small advanced training funds (with NIS 300 million to NIS 1 billion in assets under management) tracked by "Globes", the top ranked fund was Analyst's Histalmut B fund, which has NIS 424 million in assets under management, had a cumulative 12-month return of 70.05%. The fund had the highest proportion of risky assets, with 50.61% of the fund's assets held in risky assets, defined as either stocks or bonds with a rating of BBB or lower.
Meitav Investment House Ltd.'s Hishtalmut fund was in second place among the small advanced training funds. The fund, which has NIS 613 million in assets under management, had a cumulative 12-month return of 42.03%. 30.51% of the fund's assets are risk assets. In third place is Migdal Capital Market Ltd's Platinum Big Afikim fund, which has NIS 518 million in assets under management, with a cumulative 12-month return of 41.93%.
Published by Globes [online], Israel business news - www.globes-online.com - on December 20, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009