Generates income from investment management activities, primarily management fees on assets under management across provident funds, mutual funds, and managed portfolios.
Geographic Exposure
Israel100%
Revenue Drivers
Provident fund management fees
Manages provident funds and training funds, earning AUM-based management fees.
CORE60.2%
Mutual fund management fees
Manages mutual funds, including index-tracking funds, earning management fees.
CORE31%
Discretionary portfolio management fees
Manages client investment portfolios under mandate, earning management fees.
PERIPHERAL8.8%
End Markets
Retail and high-net-worth investors
Institutional investors
Employers and employees saving via provident funds
Index-tracking mutual fundsDistribution commissions to banks and brokersPension/provident fund fee-cap complianceKnow-your-customer and anti-money laundering complianceLicensing under investment advice/marketing/portfolio management lawMinimum equity requirements for provident fund managers
Activities
Asset management and portfolio construction
Fund administration and operation (provident funds and mutual funds)
Marketing and distribution via financial intermediaries
