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IBI Mutual Fund Management Ltd., established in 1978, is one of the oldest and top fund firms in the mutual fund industry in Israel.
The company manages 42 mutual funds with a net asset value of approximately NIS 13 billion.*
Our mutual funds provide a highly stable and superior quality platform for capital management in all investment areas in Israel and in key investment areas overseas.
IBI's mutual funds are unique in that they reflect not only our determination to achieve superior returns but also a consistency in investment style and policy over the long term.
Investment Philosophy
Our investment philosophy is, accordingly, based, first and foremost, on quality and integrity. We firmly believe that, one cannot create the quality content needed to deliver added value in each fund without in-depth knowledge, hands-on experience and the right technical parameters.
This defining infrastructure is central to the multi-tiered process that constitutes a key component in our fund management. This process is broken down as follows:
Tier one – Intelligent use of various instruments in the fixed income market aimed at achieving a superior return to risk-free interest rates.
Tier two – Leveraging financial market anomalies at both the micro- and the macro-economic levels.
Tier three – Reliance on up-to-the-minute research and in-depth knowledge to identify the equities and bonds of investment-grade companies.
We stress that along with our "Buy and Hold" style investments in growth companies and value investments, there are also instances where we make short-term investments in accordance with milestones in company development or market conditions.
Our investment philosophy combines a dynamic approach to markets with a long-term economic perspective. Markets have been exceptionally volatile post the “once in 80 years crisis,” and this volatility should not, in our opinion, be a deterrent – quite the contrary. While volatility can cause a great many difficulties, it is also the source of innumerable opportunities to locate economic value in the equity and bond markets on an absolute rather than a proportionate basis. It is precisely these opportunities that we aim for, and we make intelligent use of them in our day-to-day management in each of IBI's mutual funds .
* As of 1st, July. 2011
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