Investment Firm Launches First Pro-Israel Fund in Response to Divestment Movement Against Israel

ROCHESTER, N.Y. - Nov. 9, 2014 - PRLog -- Steven Charles Capital, a registered investment advisor with offices in Rochester, NY and Dallas, TX (www.stevencharlescapital.com) has launched The Israel Fund (www.theisraelfund.com) in direct response to the “BDS” campaign against Israel.

In 2005, Palestinian groups and supporters began a campaign of boycotts, divestment and sanctions ("BDS") against Israel.  Billions of investment dollars have since been pulled from multinational companies that do business in Israel, most recently by the Presbyterian Church in June, 2014.

“The best response to divestment is investment,” says Daniel Braverman, Founder and President of The Israel Fund.  According to Mr. Braverman, “a lot of people feel that divesting from the only democratic country in the Middle East is not only misguided, but unwise from a pure investment standpoint.  The Israel Fund empowers investors to meet their financial goals while expressing support for a country bringing cutting edge innovation, science and technology to the world.”

Whereas groups and institutions are divesting from multinational companies that do business in Israel, The Israel Fund proactively seeks out and invests in the same kinds of companies:  leading multinational companies that make sustained investments in Israel and are in many ways the engine of Israel's remarkable economic growth.

“While there are other funds that invest directly in Israeli companies, we wanted to emphasize that large multinational companies doing business in Israel play a vital role in Israel's economy overall,” says Steven Braverman, The Israel Fund’s lead portfolio manager. “Intel, for instance, one of the Fund’s top ten holdings, is the largest private sector employer in Israel and was responsible for 10% of all Israeli exports in 2012.”


For more information, contact Daniel Braverman of The Israel Fund at (603) 583-2848 or email dbraverman@theisraelfund.com