SUMMARY
- Israeli equities delivered strong returns in December, despite global share markets moving lower upon uncertainty concerning US trade policy and the downward path of interest rates.
- Signs of easing inflation are raising hopes of lower interest rates in Israel over 2025.
- The Fund returned +4.7% (Class A, AUD) and +4.5% (Class B, USD), while the TA 125 Index returned +5.8% in December.