Mutual funds continue strong comeback

Mutual funds continue strong comeback
Since the downturn of March 2020, mutual funds in Israel have seen aggregate inflows of NIS 85 billion.
The mutual funds have opened 2021 with a continuation of the momentum of inflows that has prevailed since April last year. From the start of the second quarter last year until the end of the year, the funds saw inflows of NIS a little over NIS 20 billion, and in January this year the positive trend of the return of the public to the capital market through the mutual funds continued, with aggregate inflows of NIS 5.4 billion.
Thus within ten months the mutual funds industry had inflows of NIS 25.5 billion, after redemptions of over NIS 40 billion in March 2020, when the coronavirus pandemic broke out.

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