Altshuler Shaham Falls to Bottom of September Training Fund Rankings

Altshuler Shaham fell to the bottom of the general track ranking in September after leading for three consecutive months. The general track of advanced training funds recorded a zero average yield, driven by mixed market performances both domestically and abroad. Clal and Migdal insurance companies led the general track with a positive yield of 0.2%, followed by Menora Mivtachim, Harel, and Infinity with 0.1%.

Stock Track Performance and Year-to-Date Results

In the stock track, funds registered an average yield of approximately 0.5% in September. Meanwhile, tracking the S&P 500 index yielded an average of 2.1%, largely supported by the strengthening of the shekel. Year-to-date, the stock track continues to lead with an average yield of about 12%, compared to approximately 7.9% for the S&P 500 tracking funds.

Clal insurance continues to lead the general track since the beginning of the year with an 8.6% yield, followed by Mor at 7.6%.

Pension Funds Overview

In pension funds for individuals aged 50 and under, Infinity secured first place in September with a 1.1% yield. Harel followed in second place with 1%, and Phoenix reached third place with 0.8%. Altshuler Shaham lagged at the bottom of the monthly table with a 0.2% yield.