October in Funds: Net Inflows of About NIS 7.6 Billion, Shift from Israeli to Foreign Equities Intensifies

In depth

The mutual fund industry took in about NIS 7.6 billion in October, according to Bizportal and Calcalist. According to Bizportal, foreign-equity ETFs took in NIS 7.6 billion, and according to Calcalist, they took in about NIS 7.9 billion.

According to Bizportal, Israeli-equity ETFs suffered redemptions of NIS 2.6 billion, and according to TheMarker, funds specializing in Israeli equities redeemed NIS 3.2 billion. Money market funds took in NIS 3.7 billion, according to Calcalist and TheMarker.