Altshuler Shaham 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: 558
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: אלטשולר שחם גמל ופנסיה בע"מ
Inception date: 01/01/1997

Assets and exposures

Total assets managed in this fund (₪ millions): 3,546.92
Liquid-asset share: 77.90%
Total equity exposure: 17.56%
Foreign exposure: 26.40%
Foreign-currency exposure: 16.17%
Equity exposure from asset allocation: 11.84%
Standard deviation: 3.10%
Sharpe ratio: 0.56

Returns and management fees

Return in the last month: 0.96%
12-month return: 6.85%
36-month cumulative return: 22.0%
60-month cumulative return: 22.2%
Average annual return over the last 3 years: 6.85%
Average annual return over the last 5 years: 4.09%
Average management fees paid by fund members: 0.70%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	41.33%	1,466.11
Tradable corporate bonds and bond ETFs	5.95%	211.07
Non-tradable corporate bonds	2.01%	71.39
Equities, options and equity ETFs	11.84%	420.09
Deposits	0.16%	5.54
Loans	10.21%	362.14
Cash and cash equivalents	9.33%	330.88
Mutual funds	1.68%	59.58
Other assets	17.48%	620.12

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 11–20 of 24 funds

Fund name	12 months	3 years	5 years	Rating	Management fees	Plan membership
Meitav Training Fund Credit and Bond Trackמיטב גמל ופנסיה בע"מ	5.66%	18.78%	23.30%		0.59%	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
Altshuler Shaham Training Fund Credit and Bond Track with up to 25% EquitiesSelected Fund · אלטשולר שחם גמל ופנסיה בע"מ	6.85%	21.99%	22.17%		0.70%	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
Menora Mivtachim Training Fund Credit and Bond Trackמנורה מבטחים פנסיה וגמל בע"מ	7.97%	21.92%	29.70%		0.47%	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
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
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
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
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
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

Altshuler Shaham 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: 558
Track type: Credit and Bond Track
Savings type: Keren Hishtalmut (קרן השתלמות)
Managing institution: אלטשולר שחם גמל ופנסיה בע"מ
Inception date: 01/01/1997

Assets and exposures

Total assets managed in this fund (₪ millions): 3,546.92
Liquid-asset share: 77.90%
Total equity exposure: 17.56%
Foreign exposure: 26.40%
Foreign-currency exposure: 16.17%
Equity exposure from asset allocation: 11.84%
Standard deviation: 3.10%
Sharpe ratio: 0.56

Returns and management fees

Return in the last month: 0.96%
12-month return: 6.85%
36-month cumulative return: 22.0%
60-month cumulative return: 22.2%
Average annual return over the last 3 years: 6.85%
Average annual return over the last 5 years: 4.09%
Average management fees paid by fund members: 0.70%

Asset allocation

Asset allocation based on the reported data.

Asset details from the source

Asset type	Rate	Amount (₪ millions)
Tradable government bonds	41.33%	1,466.11
Tradable corporate bonds and bond ETFs	5.95%	211.07
Non-tradable corporate bonds	2.01%	71.39
Equities, options and equity ETFs	11.84%	420.09
Deposits	0.16%	5.54
Loans	10.21%	362.14
Cash and cash equivalents	9.33%	330.88
Mutual funds	1.68%	59.58
Other assets	17.48%	620.12

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 11–20 of 24 funds

Fund name	12 months	3 years	5 years	Rating	Management fees	Plan membership
Meitav Training Fund Credit and Bond Trackמיטב גמל ופנסיה בע"מ	5.66%	18.78%	23.30%		0.59%	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
Altshuler Shaham Training Fund Credit and Bond Track with up to 25% EquitiesSelected Fund · אלטשולר שחם גמל ופנסיה בע"מ	6.85%	21.99%	22.17%		0.70%	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
Menora Mivtachim Training Fund Credit and Bond Trackמנורה מבטחים פנסיה וגמל בע"מ	7.97%	21.92%	29.70%		0.47%	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
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
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
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
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
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

Altshuler Shaham 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

Altshuler Shaham 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