Altshuler Shaham Pinnacle Ltd. (ALTF)

Overview

Altshuler Shaham Finance Ltd specializes in the management of provident and pension funds, offering a range of investment solutions to its clients in Israel. The company, which transitioned from its previous name, A.S. Matrat Hanpaka Ltd, in March 2022, was established in 2001 and operates from its headquarters in Tel Aviv, Israel. As an integral part of the Altshuler Shaham Ltd family, Altshuler Shaham Finance Ltd leverages its expertise to manage a variety of savings and investment products, catering to both individual and institutional investors. Over the years, it has expanded its offerings to include alternative real estate investments, thereby diversifying its portfolio and providing more comprehensive financial solutions to its clients.

Products and Services

• Savings Provident Funds:

These are investment vehicles designed to help individuals save for the future, offering a flexible and secure way to accumulate wealth over time.

• Provident Funds:

Targeted at providing retirement savings solutions, these funds accumulate savings that can be withdrawn upon retirement, ensuring financial security in later years.

• Personal Severance Pay Provident Funds:

Specifically designed to manage severance pay, these funds safeguard employees' severance entitlements, offering peace of mind and financial security.

• Study Funds:

These funds are intended to finance educational pursuits, making it easier for individuals to invest in their or their family members' education.

• Central Severance Pay and Provident Funds:

These centralized funds are designed to manage severance pay and provident savings for employees, offering streamlined and efficient fund management.

• Children Savings Plan:

A specialized investment provident fund designed to encourage long-term savings for children, offering a secure way to build financial assets for future needs.

• Comprehensive Pension Funds and General Pension Funds:

These pension funds are designed to provide comprehensive retirement savings solutions, offering a mix of investment options to suit different retirement needs and risk appetites.

• Alternative Real Estate Investments:

Expanding beyond traditional savings and pension products, Altshuler Shaham Finance Ltd also manages investments in the real estate sector, providing opportunities for portfolio diversification and exposure to the real estate market.