Clal Training Fund Credit and Bond Track with up to 25% Equities

Data updated through August 2026

Investment policy — Specialist Managed Active — Credit and Bond Track

Fund details

Fund number: 12599
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: כלל פנסיה וגמל בע"מ
Inception date: 19/03/2019

Assets and exposures

Total assets managed in this fund (₪ millions): 533.03
Liquid-asset share: 80.50%
Total equity exposure: 20.63%
Foreign exposure: 34.33%
Foreign-currency exposure: 13.93%
Equity exposure from asset allocation: 15.34%
Standard deviation: 4.01%
Sharpe ratio: 0.68

Returns and management fees

Return in the last month: 0.85%
12-month return: 9.05%
36-month cumulative return: 27.4%
60-month cumulative return: 24.6%
Average annual return over the last 3 years: 8.41%
Average annual return over the last 5 years: 4.50%
Average management fees paid by fund members: 0.51%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	20.17%	107.52
Tradable corporate bonds and bond ETFs	37.05%	197.46
Non-tradable corporate bonds	0.76%	4.04
Equities, options and equity ETFs	15.34%	81.75
Deposits	1.39%	7.41
Loans	4.08%	21.74
Cash and cash equivalents	6.41%	34.18
Mutual funds	4.37%	23.3
Other assets	10.44%	55.63

Asset allocation

Comparison in the Credit and Bond Track

The selected fund compared with other funds in the same category.

Table Chart

Show sector-specific funds

Showing 1–10 of 24 funds

Fund name	12 months	3 years	5 years	Rating	Management fees	Plan membership
Meitav Training Fund Credit and Bond Track with up to 25% Equitiesמיטב גמל ופנסיה בע"מ	8.94%	30.53%	31.35%		0.57%	Visit institution website
More Training Fund for Employees and the Self-Employed — Credit and Bond Track with up to 25% Equitiesמור גמל ופנסיה בע"מ	7.37%	27.44%	33.60%		0.68%	Visit institution website
Infinity Training Fund Credit and Bond Track with up to 25% Equitiesאינפיניטי השתלמות, גמל ופנסיה בע"מ	7.94%	26.84%	27.17%		0.34%	Visit institution website
Clal Training Fund Credit and Bond Track with up to 25% EquitiesSelected Fund · כלל פנסיה וגמל בע"מ	9.05%	27.41%	24.60%		0.51%	Visit institution website
More Training Fund for Employees and the Self-Employed — Credit and Bond Trackמור גמל ופנסיה בע"מ	6.95%	29.17%	No data		0.64%	Visit institution website
Analyst Training Fund — Credit and Bond Track with up to 25% Equitiesאנליסט קופות גמל בע"מ	7.68%	26.72%	25.69%		0.50%	Visit institution website
Menora Mivtachim Training Fund Credit and Bond Trackמנורה מבטחים פנסיה וגמל בע"מ	7.97%	21.92%	29.70%		0.47%	Visit institution website
Yelin Lapidot Training Fund Bond Track with up to 25% Equitiesילין לפידות ניהול קופות גמל בע"מ	5.97%	23.74%	27.90%		0.70%	Visit institution website
Altshuler Shaham Training Fund Credit and Bond Track with up to 25% Equitiesאלטשולר שחם גמל ופנסיה בע"מ	6.85%	21.99%	22.17%		0.70%	Visit institution website
Infinity Training Fund Credit and Bond Trackאינפיניטי השתלמות, גמל ופנסיה בע"מ	6.76%	22.06%	22.15%		0.68%	Visit institution website
Market average	6.46%	21.38%	21.61%	No data	0.59%

* Rating based on three years of data

12-month return

Current comparison of displayed tracks against the market average

Selected trackTracks to compareMarket average

Clal Training Fund Credit and Bond Track with up to 25% Equities

Data updated through August 2026

Investment policy — Specialist Managed Active — Credit and Bond Track

Fund details

Fund number: 12599
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: כלל פנסיה וגמל בע"מ
Inception date: 19/03/2019

Assets and exposures

Total assets managed in this fund (₪ millions): 533.03
Liquid-asset share: 80.50%
Total equity exposure: 20.63%
Foreign exposure: 34.33%
Foreign-currency exposure: 13.93%
Equity exposure from asset allocation: 15.34%
Standard deviation: 4.01%
Sharpe ratio: 0.68

Returns and management fees

Return in the last month: 0.85%
12-month return: 9.05%
36-month cumulative return: 27.4%
60-month cumulative return: 24.6%
Average annual return over the last 3 years: 8.41%
Average annual return over the last 5 years: 4.50%
Average management fees paid by fund members: 0.51%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	20.17%	107.52
Tradable corporate bonds and bond ETFs	37.05%	197.46
Non-tradable corporate bonds	0.76%	4.04
Equities, options and equity ETFs	15.34%	81.75
Deposits	1.39%	7.41
Loans	4.08%	21.74
Cash and cash equivalents	6.41%	34.18
Mutual funds	4.37%	23.3
Other assets	10.44%	55.63

Asset allocation

Comparison in the Credit and Bond Track

The selected fund compared with other funds in the same category.

Table Chart

Show sector-specific funds

Showing 1–10 of 24 funds

Fund name	12 months	3 years	5 years	Rating	Management fees	Plan membership
Meitav Training Fund Credit and Bond Track with up to 25% Equitiesמיטב גמל ופנסיה בע"מ	8.94%	30.53%	31.35%		0.57%	Visit institution website
More Training Fund for Employees and the Self-Employed — Credit and Bond Track with up to 25% Equitiesמור גמל ופנסיה בע"מ	7.37%	27.44%	33.60%		0.68%	Visit institution website
Infinity Training Fund Credit and Bond Track with up to 25% Equitiesאינפיניטי השתלמות, גמל ופנסיה בע"מ	7.94%	26.84%	27.17%		0.34%	Visit institution website
Clal Training Fund Credit and Bond Track with up to 25% EquitiesSelected Fund · כלל פנסיה וגמל בע"מ	9.05%	27.41%	24.60%		0.51%	Visit institution website
More Training Fund for Employees and the Self-Employed — Credit and Bond Trackמור גמל ופנסיה בע"מ	6.95%	29.17%	No data		0.64%	Visit institution website
Analyst Training Fund — Credit and Bond Track with up to 25% Equitiesאנליסט קופות גמל בע"מ	7.68%	26.72%	25.69%		0.50%	Visit institution website
Menora Mivtachim Training Fund Credit and Bond Trackמנורה מבטחים פנסיה וגמל בע"מ	7.97%	21.92%	29.70%		0.47%	Visit institution website
Yelin Lapidot Training Fund Bond Track with up to 25% Equitiesילין לפידות ניהול קופות גמל בע"מ	5.97%	23.74%	27.90%		0.70%	Visit institution website
Altshuler Shaham Training Fund Credit and Bond Track with up to 25% Equitiesאלטשולר שחם גמל ופנסיה בע"מ	6.85%	21.99%	22.17%		0.70%	Visit institution website
Infinity Training Fund Credit and Bond Trackאינפיניטי השתלמות, גמל ופנסיה בע"מ	6.76%	22.06%	22.15%		0.68%	Visit institution website
Market average	6.46%	21.38%	21.61%	No data	0.59%

* Rating based on three years of data

12-month return

Current comparison of displayed tracks against the market average

Selected trackTracks to compareMarket average

Clal Training Fund Credit and Bond Track with up to 25% Equities

Fund details

Fund data

Assets and exposures

Returns and management fees

Asset allocation

Asset details from the source

Comparison in the Credit and Bond Track

12-month return

Clal Training Fund Credit and Bond Track with up to 25% Equities

Fund details

Fund data

Assets and exposures

Returns and management fees

Asset allocation

Asset details from the source

Comparison in the Credit and Bond Track

12-month return