Eng / Heb

Philosophy

Our goal is to generate positive long-term returns that outperform the relevant equity benchmarks over time, with significantly lower volatility.

Our investment philosophy is based on the following criteria:

Emphasis on quality of management teams and in-depth research.

Our investment strategy is implemented through strong emphasis on the quality of management teams of our portfolio investments as well as through an extensive research process of companies, industries and macro trends.

Strategic focus on risk management.

We constantly utilize a variety of tools and techniques to reduce volatility and hedge the portfolio's risk exposure. Among the tools employed are shorts, options, futures, convertible debt and high-yield debt. We do not employ leverage in our portfolios.

We dedicate considerable resources to developing close, ongoing dialogue with management teams of existing and prospective investments, and consider the quality and credibility of management teams to be the one of the most important factors in our investment considerations and risk management.

Focus on growth and profitability.

Sphera Small Cap Fund is focused on long/short equity investments in small and micro- cap stocks of Israeli companies. Our investment strategy is predicated on fundamental analysis and stock-picking methodologies...