SUMMARY
- Israeli equities continued to deliver solid gains during March in line with major global markets, concluding a strong first quarter of the year.
- Inflation continued to edge down in March, raising hopes the Bank of Israel will again reduce interest rates in April.
- The Fund returned 2.1% (Class A, AUD) and 2.1% (Class B, USD), while the TA 125 Index returned 2.6% in March.