HOLY LAND INVESTMENT

FUNDBond Street Mercantile

Spring 2020

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HOLY LAND INVESTMENT FUND

A balanced fund which invests in Israel-related equities and bonds

Equity investments are focused on large cap, publicly traded, Israeli or Israel-related companies primarily in the areas of:

Oil and gas

Financial Services

Technology

Real Estate

Infrastructure

Bonds

RRSP, RRIF and TFSA eligible

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► PORTFOLIO

COMPOSITION

SPRING 2020

OIL AND GAS 9,5%%

FINANCIALS 35.51%

TECHNOLOGY 24.14%

REAL ESTATE 11.69%

BONDS 0%

CASH 9.126%

OTHER 9.252%

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OIL AND GAS15%

FINANCIALS28%

TECHNOLOGY25%

REAL ESTATE

12%

BONDS5%

CASH5%

OTHER10%

OIL AND GAS FINANCIALS TECHNOLOGY

REAL ESTATE BONDS CASH

OTHER

HOLY LAND INVESTMENT FUND

OUR TOP 15 HOLDINGS INCLUDE:

• Azrieli Group

• Bank Discount

• Bank Leumi

• Checkpoint Software

• Delek Drilling

• Delek Group

• Elbit

• Elektra Israel Ltd

• HaPoalim

• Housing Corp.

• International F&F

• Matrix

• Nice

• Solaredge

Technologies

• United Mizrahi Bank

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HOLY LAND INVESTMENT FUND

SUMMARY

TASE has consistently outperformed the TSX over the

past 1, 3, 5 and 10 years

Investing in Israel is an excellent diversification strategy

Israel’s economy is booming in almost every sector

HLIF is a balanced fund and is RRSP and TFSA eligible

HLIF has retained some of Israel’s best fund managers

HLIF has just concluded 88 months of excellent returns,

averaging 13.5% annual return (after fees) during this

time

There is an excellent opportunity to “Buy Israel” as the

Israeli market is still considerably underpriced relative to

all major Western markets

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BOND STREET: ISRAEL INVESTMENT SUMMARY

Bond Street Mercantile offers an excellent way to

diversify your investments. BSM has two unique

investment options in Israel:

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Canada Israel Infrastructure Funds

• Rare access to lower risk Israeli Infrastructure Investments

• US$

• 10 year investment

Holy Land Investment Fund

• Stocks and bonds

• CDN$

• RRSP , RRIFand TFSA eligible

• Entry and exit every month