Find Articles in:
All
Business
Reference
Technology
News
Lifestyle

Business Services Industry

Mutual Fund of Israeli Stocks Now Available through Charles Schwab & Co., Inc

Business Wire, May 2, 2007

AMIDEX35 Israel Mutual Fund now part of Schwab's Mutual Fund OneSource[R] service

PHILADELPHIA -- Index Investments, LLC, the Investment Adviser to the AMIDEX35 Israel Mutual Fund (Symbol:AMDEX), announced today that the Fund is now available on Schwab's Mutual Fund OneSource[R] service.

Investor interest in Israeli companies has soared recently due to the widely publicized investment by Warren Buffet in Israeli company Iscar of $4 billion dollars. Other investment gurus, venture capitalists and technology companies have been pouring money into Israeli companies for more than a decade.

However, until now, there was no easy way for "retail" investors to invest smaller amounts in the stocks of Israeli companies traded on the Tel Aviv Stock Exchange. The AMIDEX35 Israel Mutual, a US-based fund that invests exclusively in the stocks of Israeli companies, now offers investors an opportunity to invest in an array of Israeli companies through the Schwab's OneSource Service, which allows investment with no added loads or transaction fees.

Portfolio Manager Gadi Beer noted that "this allows a wide universe of smaller institutional and individual investors working through Schwab with a familiar and convenient method of sharing in the prospects for continuing growth of Israeli companies."

About Index Investments, LLC

Index Investments, LLC is the Investment Advisor for the AMIDEX35 Israel Mutual Fund and the AMIDEX Cancer Innovations & Healthcare Mutual Fund.

An investor should carefully consider the investment objectives, risks, charges and expenses found in the prospectus. For a prospectus containing complete information about a Fund, contact your financial professional or call 1.888.876.3566 or visit our website at http://www.amidex.com. Please read the prospectus carefully before investing or sending money.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?
advertisement
Go
advertisement
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale