Psagot offers a wide range of products and services, such as: mutual funds, ETNs, portfolio management, provident funds, study funds, pension funds and central severance pay funds, in a variety of tracks and investment channels allowing each client to choose the most suitable product considering his nature and personal needs. In addition, Psagot offers a variety of attractive life insurance policies.
Brokerage and Research
The brokerage department of Psagot Securities furnishes its institutional clients with security trading services in Israel and abroad. Psagot has the largest and most qualified investments and research set-up in Israel numbering close to 80 analysts, investment managers and traders who provide real time analyses and forecasts, in all market circumstances in Israel and abroad.
Psagot provides an advanced autonomous trading system, personally customized, as well as professional service and support in the account-opening process as well as in operating the system during trading hours. Psagot Trade provides an attractive alternative in performing independent trading activity, with low fees and “interest on your money” (the shekel denominated balance in the account is fluid and interest accrues daily).
Investment Portfolio Management
Psagot Securities, Israel’s largest investment portfolio management company manages investment portfolios on behalf of more than 6,000 clients who benefit from professional management of portfolios of various volumes. Psagot’s experts carefully characterize the client’s needs, provide personal and reliable service as well as fully transparent professional investment management.
Psagot offers a wide range of mutual funds that specialize in various types of investments in Israel and overseas, and are suitable for many types of investors. Psagot Mutual Funds’ team of investment managers are experienced and skilled, providing careful professional investment management with continuous monitoring conducted by the company’s risks management system.
The Psagot Exchange Traded Notes Companies offer a wide range of ETNs that track equity indices, bonds, currencies and commodities in Israel and in global markets. The companies operate a state of the art trading room employing a team of skilled professional dealers, allowing for fair, transparent and high quality service.
Psagot offers a range of study funds for salaried employees and the self-employed by means of a range of investment tracks and at varying risk levels. Psagot’s study funds allow each member to choose the most appropriate track for his purposes (within the existing tracks) and make changes at any time, according to his needs (and in accordance with the law’s provisions). Psagot’s study funds lead in returns over time under various and varying market circumstances.
Psagot Provident and Pension Funds have been ranked one of the leading provident companies in Israel in recent years by various objective rating companies. More than a million clients saving in Psagot’s provident funds benefit from a variety of provident fund investment tracks, professional and reliable service and from high quality long-term investment performance.
New Pension Funds
Psagot offers a variety of insurance tracks by means of a general fund and a comprehensive fund allowing each client to select the most appropriate track to meet his particular nature and needs. The tracks can be changed at any time, in accordance with the instructions of the fund’s articles, as applicable from time to time.
The Old Pension Fund (Ha’al)
In March 2010, after receiving regulatory approvals, the acquisition of rights and management commitments of the old fund have been completed, and since then, the investment house provides service to its thousands of client.
The Psagot Insurance Company offers a range of life insurance policies to correspond with the specific needs of each individual - life insurance, mortgage life insurance. The many years of experience, responsibility and financial stability of the Psagot Investment House allow Psagot to offer insurance products supported by advanced operating and control systems.
Psagot Managed Savings
Psagot Managed Savings is a fluid savings policy offered by the Psagot Insurance Company *, ** in any amount and for all purposes, allowing the client maximum flexibility in managing funds and the ability to shift across investment tracks without this resulting in a tax event or any extra charges ***.
The client can make a one-time deposit, subject to the consent of the insurance company, and / or monthly deposits in a variety of investment tracks, and enjoy professional investment management by Psagot’s investment managers also for small amounts **. The funds in the policy may be withdrawn at any time without penalties and early repayment fees ***.
*The minimum deposit amount that can be saved in the Psagot Managed Savings policy will be determined by the company’s policy
*The minimum deposit amount that can be saved in the Psagot Managed Savings policy will be determined by the company’s policy, from time to time.
**Further to the directives set forth by the Commissioner of Capital Markets, Insurance and Savings at the Ministry of Finance, appearing in the circular 9-29-2015 "Investment Tacks in Provident Funds" ( hereinafter: "the commissioner” and “circular", accordingly"), Psagot Insurance acts to change the rules of the investment policy of the existing investment tracks in the “Psagot Managed Savings” policy (hereinafter: "the policy"). Additionally, Psagot Insurance wishes to add new investment tracks in the policy, in an effort to expand and diversify the clients’ options. Such updates in existing investment tracks and the addition of new tracks will come into effect no earlier than the January 1, 2016, all subject to the approval of the Commissioner.
*** Liquid funds can be withdrawn at any time - subject to the terms of the policy and as prescribed by law.