Prior to that, he was employed as a Tel Aviv Stock Exchange trader and as a fund manager by Sahar Securities, a large Tel Aviv brokerage firm. By the end of 2001, TNI hopes to register additional funds with the Securities and Exchange Commission.
All investments are inherently subject to market risk.
The relatively limited liquidity of some of the equities in the portfolio may affect the Funds' ability to acquire desired positions quickly or unable to dispose of securities at a desirable price and time. The fund also invests in foreign country securities which may involve economic, political and currency risks. These factors may adversely affect the value of your investment. Past performance does not guarantee future results. The investment return and principal value will fluctuate, so that shares when redeemed may be worth more or less than the original cost.