Clal Financial Management

Overview

Clal Financial Management, known as Canaf, is a wholly owned subsidiary of Clal Insurance Enterprises Holdings Ltd., serving as the investment arm of the Clal Insurance group. The firm manages assets totaling over NIS 374 billion, encompassing Clal policyholders' pension funds, provident funds, executive insurance, and the equity and insurance reserves of the Clal Group. Canaf's investment universe includes a balanced variety of markets and investment classes both in Israel and globally, aiming to achieve optimal yields for policyholders. Canaf operates within an investment strategy that integrates financial and economic data into macro-economic forecasts. The investment committees and the board of directors approve the investment policy on a yearly basis and supervise Canaf's investment activity. The size of assets managed by Canaf provides a significant competitive advantage, reflected in its accessibility to special transactions and cooperation with international research and investment institutions. Canaf considers the values of professionalism, excellence, and innovation in all its activities, with the goal of obtaining fair long-term yields for policyholders and maximizing income from nostro account investments, under a defined risk/reward ratio and the characteristics of the portfolios.

Investment Focus

• Preference for investments in Israel and select international markets
• Focus on diversified portfolios across multiple asset classes
• Alignment with Clal Insurance's strategic objectives
• Compliance with regulatory standards and risk management policies

Portfolio Companies