| NASDAQ Exchange | United States Country |
The fund is a specialized investment entity focusing primarily on the Israeli market. It commits at least 80% of its total assets to acquiring common stock in companies that are domiciled or headquartered in Israel. This investment approach incorporates American Depositary Receipts (ADRs) and direct investments in companies on foreign stock exchanges. The fund's strategy does not discriminate based on market capitalizations, allowing for a wide spectrum of investment opportunities. It employs a growth investing style, typically targeting companies believed to exhibit above-average growth potentials in categories such as revenue, earnings, cash flow, or other significant financial metrics.
The fund invests in ADRs which are stocks listed on U.S. exchanges that represent a specified number of shares in a foreign corporation. This allows the fund to gain exposure to Israeli companies without the complexities of investing directly in foreign stock markets.
Focusing on direct investments in Israeli companies listed on foreign exchanges, the fund seeks to directly engage with the Israeli market. This approach allows for a more hands-on investment strategy and direct exposure to the growth potential within Israel's dynamic corporate sector.
The fund's growth investing strategy emphasizes stocks of companies that are expected to grow faster than their peers. The criteria for this growth can include notable increases in revenue, earnings, cash flow, or other fundamental financial metrics that suggest a company has substantial growth ahead.