Forest Investment House (2007) Ltd. (hereinafter: “Forest Portfolio Management” or “the Company”) is a portfolio management company that engages in investment portfolio management and investment marketing, and does not engage in investment advice, as these terms are defined in the Regulation of Investment Counseling, Investment Marketing and Investment Portfolio Management, 1995.
Forest Portfolio Management has an affinity to the financial assets of the following entities:
- Forest Mutual funds LTD.
- Forest Investments LTD
- Forest Growth (management) LTD
Details of the list of financial assets to which the Company has an interest:
- FOREST (4B) EQUITY IL
- FOREST (3B) SEA EAGLE IL
- FOREST (2B) SELECT 75/25 IL
- FOREST (2B) 80/20 IL
- FOREST (2A) SELECT 85/15 IL
- FOREST (1B) (!) BONDS IL
- FOREST (1B) 90/10 IL
- FOREST (0B) (!) BONDS ONLY IL
- FOREST (0A) (!) INVESTMENT GRADE BONDS IL (1)
- FOREST (0A) AGAM – GOVERNMENT BONDS IL
- FOREST (2B) 70/30 IL
- FOREST (0B) BOND Portfolio IL
- FOREST(00) MONEY MARKET FUND IL
Forest value 1
Forest value 2
Forest growth
Forest value 4
The linkage to such assets is in light of the fact that these financial assets are managed and / or issued and / or offered and / or marketed by Forest Portfolio Management and / or by related entities, and since Forest Portfolio Management may receive a benefit in connection with the execution of a transaction in the financial assets set out above or the continued holding of such assets.
Forest Portfolio Manager may prefer financial assets in which it has an interest over other financial assets that are similarly suitable for the Client and in which it has no interest, provided that it has met all disclosure requirements towards the client. It should be clarified that such interest is not deemed to be a conflict of interest action on the part of the Portfolio Manager towards the Client.
Forest Mutual Funds Ltd is the funds manager.
Exclamation mark (!) – In a type 3 fund for the purposes of the Joint Investments in Trust Regulations (Distribution Fee), 5766-2006 – An exclamation mark in the name of the fund indicates that, according to its investment policy, it may be exposed to credit risk arising from exposure to bonds that are not rated investment grade (as defined below) or from operating in derivatives with or through corporations that are included in the second credit risk group, or from depositing cash and deposits with such corporations, or from the value of a foreign security that was borrowed through an Israeli stock exchange member that does not meet the conditions set forth in the first credit risk group (hereinafter – exposure to banks and brokers), plus exposure to bonds of corporations with no connection to Israel (except if the rating of such bonds is AAil or higher or an equivalent rating) (as defined below) in the following circumstances or rates: The total rate of exposure to bonds that are not Investment grade and exposure to banks and brokers, plus exposure to corporate bonds not related to Israel (except if the rating of such bonds is AAil or higher or an equivalent rating) may exceed the fund’s maximum exposure rate to equities, as determined by the fund’s exposure profile; the exposure rate to a particular bank or broker may exceed 10% of the value of the fund’s assets and the exposure rate to banks and brokers may exceed 20% of the value of the fund’s assets (and all regardless of the fund’s exposure profile to equities); for this purpose, a first or second credit risk group – as defined in the appendix to the directive to fund managers and trustees regarding custodial risks and credit risks. “Non-investment grade bonds” – a corporate bond and/or bond issued by a country other than the State of Israel, which is unrated, or which is rated Lower than (-BBB) or an equivalent rating. “Corporation with no connection to Israel” – as defined in the directive to fund managers regarding the addition of an exclamation mark to the name of a fund (new version – 2026) and/or as otherwise defined, from time to time, in the relevant legal provisions. (1) Regarding the fund “Forest (0A) (!) Investment Grade Bonds IL”, in accordance with the investment policy, the fund may create exposure to non-investment grade bonds in addition to bonds of corporations with no connection to Israel at a rate not exceeding 25% of the net value of the fund’s assets. In the event that the rating of the bonds held by the fund falls below the investment grade or a downgrade of bonds issued by a corporation with no connection to Israel to a level below AAil or an equivalent rating, such that the fund’s investments deviated from its investment policy as aforesaid, the Fund Manager shall adjust the Fund’s investments to the investment policy by the end of the tenth day counting from the day after the deviation occurred.
Maximum exposure to shares (in absolute terms) of the net value of the Fund’s assets: 0 – No exposure to shares, 1- up to 10%, 2 – up to 30%, 3- up to 50%, 4- up to 120%; The maximum degree of exposure to foreign currency from the net value of the fund’s assets: A- up to 10%, B- up to 30% . This publication does not constitute an offer to purchase units in funds and does not constitute a substitute for investment advice / marketing and / or tax, which takes into account the data and the special needs of each person. Units are purchased in accordance with the main prospectus in effect and the immediate reports. The fund yields and / or its ratings and / or its positions in the past do not guarantee a similar yields and / or rating and / or position in the future.
