For the second month in a row, a negative return on provident funds and study funds, according to Tzvi Avi Berkowitz, Deputy Chief Investment Officer of Meitav Dash Provident and Pension Ltd. 0.3-1.2%.
According to a BizPortal survey, analyst Willin Lapidot is expected to lead following their holding in Tower, which will contribute a positive return of about 0.4%, while Altshuler, which does not own Tower, is expected to continue to disappoint in February due to its lack of holding in the company.
In February, price declines were recorded in all major investment channels: in the world stock markets, in corporate and government bonds in Israel, and these acted as a negative factor in the fund’s returns.
Is it worth stressing? Not really. The increase last year was much more significant – it is worth thinking about the long term
Just to mention that the declines in the last two months come after 2021 was a very successful year for savers: the success was of course due to the surge in world markets. The annual return was almost 3 times higher than in the average year and stood at 14.2% for the whole year in the general track. In the stock track the returns are of course even more impressive: 22.6% per annum. Pension funds: about 16%.
For comparison, the average annual return in 5 years is 5.2% and in a span of 10 years it stands at 4.9%, which means do not expect the provident funds to increase by 15% every year, but you should expect the multi-year average – it is also not recommended to make investment decisions Trust one month performance.
These are the best lapel assessments:
| The name of the route | Yield in the month of February 2022 | Top Yield Range | Lower yield range |
| general | 0.7%- | 0.3%- | 1.2%- |
| My stock | 1.3%- | 0.8%- | 2.0%- |
| Indices | 0.3%- | 0.1%- | 0.5%- |
| Shekels | 0.9%- | 0.6%- | 1.2%- |
| Comprehensive pension for children up to 50 | 0.5%- | 0.2%- | 0.8%- |
| Comprehensive pension for 50-60 year olds | 0.4%- | 0.1%- | 0.7%- |
| Comprehensive pension for those aged 60+ | 0.3%- | 0.1%- | 0.5%- |
World stock markets Show price declines in February – the domestic market expresses strength
In the US: Sharp price declines when the Dow fell 3.5%, theS&P Decreased by 3.1% while the Nasdaq index decreased by 3.4%. In Europe, there were even sharper price declines: theDAX The German fell by 6.5%, theCAC The French fell by 4.9% and theEurostoxx 50 Decreased by 6.0%. In Japan: The Nikkei was down 1.8% at 1.8%. The global index of emerging markets fell by 3.1%.
A mixed trend has been recorded in the stock market in Israel: The Tel Aviv 35 Index rose by 2.9%, the Tel Aviv 125 Index rose by 1.3%, the Tel Aviv 90 Index fell by 2.1%, and the Over 60 Index fell by about 4.7%.
The local corporate bond showed a negative trend. The Tel Bond 20 Index, the Tel Bond 40 Index and the Tel Bond 60 Index decreased by 1.3%, 1.0% and 1.2%, respectively. Unrated bonds decreased by 0.3%. Bond Index General Concern decreased by 1.0%.
The government bonds index decreased by 2.1%, double the decrease in the corporate bonds index, while the index-linked bonds decreased by 2.8%, while the shekel bonds decreased by 1.9%.
February 2022:
| Yields of major investment channels in% | Positive contribution | Negative contribution |
| S&P 500 | 3.1%- | |
| DOW JONES | 3.5%- | |
| NASDAQ | 3.4%- | |
| NIKKEI | 1.8%- | |
| DAX | 6.5%- | |
| Tel Aviv Index 35 | 2.9% | |
| Tel Aviv Index 125 | 1.3% | |
| General Index of Government Bonds | 2.1%- | |
| General corporate index | 1.0%- | |
| Change in the shekel against the dollar (devaluation) | 1.3% | |
| Change in the shekel against the euro (devaluation) | 1.8% | |
| Short-term loans | 0.1%- | |
| Dawn | 1.9%- | |
| Gillon | 0.1%- |
Since the beginning of the year: a strong negative trend in world stock markets – the local market is showing strength
Global stock markets have shown a very strong negative trend with similar returns generally between the US, Europe and Japan. In the US: Very strong price declines, with the 500 index S&P Fell by 8.2%, the Dow Jones index fell by 6.7% and the Nasdaq, the technology stock index, fell by 12.1%. In Europe, too, a strong negative trend was recorded: theDAX The German fell by 9.0%, theCAC The French fell by 6.9% and theEurostoxx 50 Decreased by 8.7%. In Japan: The Nikkei was down 7.9%. The global index of emerging markets fell by 4.9%.
A mixed trend has been recorded in the stock market in Israel: The Tel Aviv 35 Index decreased by 0.3%, the Tel Aviv 90 Index increased by 1.0%, the Tel Aviv 125 Index decreased by 0.1% and the Over 60 Index decreased by a sharp rate of 6.0%. A trend was also recorded in corporate bonds. Negative: The entire corporate bond index fell by 2.2%. The government bond index has fallen by 3.9% since the beginning of the year.
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