Chaim Fromowitz

The Phoenix Advanced Investments Ltd. is a holding company which engages in financial and pension fields. It operates through the Provident Fund Management, Pension Fund Management, Advanced Investment Management, and Agent House. The Provident Fund Management segment includes study funds, personally managed provident funds and central compensation funds, it provides a medium and long-term savings route, the main purpose of which is the accumulation of savings, which can be withdrawn at retirement as a monthly allowance. The Pension Fund Management segment provides long-term savings instrument, intended to be paid from retirement age as a pension. The Advanced Investment Management segment engages in contracts for the distribution and distribution of international investment funds. The Agent House segment Includes brokerage services, marketing, and distribution of medium and long-term savings products as well as insurance products and financial products provided by the company. The company was founded on May 7, 1990 and is headquartered in Holon, Israel.