Migdal 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: 15340
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: מגדל מקפת קרנות פנסיה וקופות גמל בע"מ
Inception date: 23/06/2024

Assets and exposures

Total assets managed in this fund (₪ millions): 253.5
Liquid-asset share: 81.80%
Total equity exposure: 24.30%
Foreign exposure: 25.77%
Foreign-currency exposure: 12.48%
Equity exposure from asset allocation: 15.05%
Standard deviation: No data
Sharpe ratio: No data

Returns and management fees

Return in the last month: 0.70%
12-month return: 8.58%
36-month cumulative return: No data
60-month cumulative return: No data
Average annual return over the last 3 years: No data
Average annual return over the last 5 years: No data
Average management fees paid by fund members: 0.46%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	18.17%	46.07
Tradable corporate bonds and bond ETFs	33.23%	84.24
Non-tradable corporate bonds	1.17%	2.97
Equities, options and equity ETFs	15.05%	38.15
Deposits	0%	0
Loans	11.85%	30.05
Cash and cash equivalents	13.35%	33.83
Mutual funds	0.33%	0.85
Other assets	6.84%	17.34

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% Equitiesכלל 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

Migdal 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: 15340
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: מגדל מקפת קרנות פנסיה וקופות גמל בע"מ
Inception date: 23/06/2024

Assets and exposures

Total assets managed in this fund (₪ millions): 253.5
Liquid-asset share: 81.80%
Total equity exposure: 24.30%
Foreign exposure: 25.77%
Foreign-currency exposure: 12.48%
Equity exposure from asset allocation: 15.05%
Standard deviation: No data
Sharpe ratio: No data

Returns and management fees

Return in the last month: 0.70%
12-month return: 8.58%
36-month cumulative return: No data
60-month cumulative return: No data
Average annual return over the last 3 years: No data
Average annual return over the last 5 years: No data
Average management fees paid by fund members: 0.46%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	18.17%	46.07
Tradable corporate bonds and bond ETFs	33.23%	84.24
Non-tradable corporate bonds	1.17%	2.97
Equities, options and equity ETFs	15.05%	38.15
Deposits	0%	0
Loans	11.85%	30.05
Cash and cash equivalents	13.35%	33.83
Mutual funds	0.33%	0.85
Other assets	6.84%	17.34

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% Equitiesכלל 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

Migdal 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

Migdal 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