What is the investment objective of the AMIDEX35?
The AMIDEX35 fund tracks the AMIDEX35 index, investing in the 35 largest market capitalization Israeli companies, publicly traded on the Tel Aviv Stock Exchange or on Wall Street. Many of the larger Israeli companies are growth companies that have a strong technology orientation. Therefore, investing in the AMIDEX35 is well suited for growth seeking investors. Like many funds, investing in the AMIDEX35 is suited for investors with long-term investment needs. However, The fund is not diversified and is composed of only 35 companies. The relatively limited liquidity of some of the equities in the portfolio may affect the Fund’s ability to acquire desired positions quickly or unable to dispose of securities at a desirable price and time.
