Happy February for further education funds: Clal Leads – Financial Consumerism

General training funds continue the positive trend of January (expand here): provided an average return of about 0.8% in February. Continuing Education Fund of rule Also continued to lead in February with a return of 1.27% and has been leading since the beginning of the year with a return of 2.75%. The good returns in the study funds are a direct continuation of the positive returns in 2020. Screenings of The best lapel andThe Phoenix In second and third place with yields of 1% and 0.84% ​​respectively. Phoenix has the second highest cumulative return in 2021: 2.07%.

Clal’s position at the top of the rankings this month, for the fourth time in a row and since the beginning of the year is not surprising. The rule of the last two years is very different from the old rule, as the group has undergone personnel changes among the people who actually manage the money and make investment decisions. Last year was good for Clal and she is also starting this year well. On the other hand, the positions of Yellin Lapidot and Altshuler Shaham are disappointing. Yellin Lapidot has been suffering from weak returns in the past year and this continues into 2021, and Altshuler Shaham have been swinging at returns in recent months.

“There were a few things that affected the performance in the portfolio,” he told BizPortal last weekOnly Bansky, director of the Peer Investment Division in general (Expansion here): “In general, February was a month of increases in foreign markets, while in Israel they were relatively weak. “On the other hand, there have been declines in government bond markets and here the low exposure to them has helped us – for the past 4 months we have been lowering it and now it is at the lowest level we have had. We prefer to be in cash or other assets instead.”

The year 2020 was excellent for the study fund industry with an average return of 5.5% in the general channel. The increases in yields are of course attributed to increases in the markets: 2020 was a good year in the capital markets and so was the beginning of 2021. However, in the last week of February the markets started to sway. Technology stocks lost nearly 10 percent before repairing last Friday, and are still down 7 percent from their peak. Respectively, the world’s stock exchanges, including in Tel Aviv, also experienced a certain decline, and at the same time the bond market also expressed a certain increase in interest rates for fear of inflation.
This means that those who “play defensively” and are less successful in January-February are expected to generate a relatively good return if the markets continue to fluctuate in March.

In the funds in the equity track, Clal and Menora are leading this month
In the study funds in the equity track, Mobila this month also included a monthly return of 2.51% and the cumulative return in 2021 is the highest compared to the other funds – 4.61%. A lamp followed by a monthly return of 2.47%. In the cumulative return for three years, an analyst still leads with a return of 46.73% that accumulates for three years, but in the monthly return, Altshuler Shaham shuffles to the bottom.