Y.D. More Investments Ltd

MRINTASEIL0011414641₪2.9B

Investment Thesis

Generates revenue primarily from management fees on assets under management in provident/pension funds and mutual funds, plus portfolio management fees. Additional revenue comes from brokerage execution commissions/spreads and performance-based fees in certain investment fund products.

Geographic Exposure

IsraelN/A

Revenue Drivers

Provident & pension fund management

Manages long-term savings and pension products for members.

CORE65.7%

Mutual fund management

Manages mutual funds, including active, index-tracking, and ETF products.

CORE27.4%

Other capital-markets activities

Provides brokerage, investment funds, and other ancillary financial services.

PERIPHERAL4.7%

Discretionary portfolio management

Manages client investment portfolios and provides investment marketing services.

PERIPHERAL2.2%

End Markets

Provident and pension savers (members)
Retail mutual-fund investors (unit holders)
Bank-advised investors
Private wealth clients
Corporate clients
Institutional and eligible brokerage clients

Specializations

Index-tracking funds and ETF managementVariable management fee mechanism for index productsTrust hedge funds with performance feesExclusive index-calculation partnership for certain benchmarksIn-house and international third-party investment research

Activities

Investment management
Fund product structuring and oversight
Marketing and distribution via banks and agents
Brokerage trade execution and transaction intermediation
Investment research and analytics