Recent measures taken by Israel Securities Authority concerning who may be considered an “accredited investor”, will enable an even larger number of Profimex’s Investors to meet the qualifications mandated by the ISA.
Among the newer, more relaxed criteria, the requirement of having particular expertise and qualifications in capital markets or having engaged in a minimum total of transactions per year has been eliminated, the minimum threshold for liquid assets owned by the investor has been lowered to 8 million shekels (as opposed to 12 million shekels previously), and alternatives to minimum annual income and/or a lower aggregate of both assets and income will now be offered.
As an accredited investor, you will become eligible to join the Profimex InnerCircle, available only to those who meet the qualifications of an accredited investor according to the ISA. As a member of the Profimex InnerCircle, you will be eligible to be among the first to receive complete details of investments that we are undertaking with our global partners and additional benefits. To qualify as a Profimex InnerCircle member and receive further detailed information about our investments, please contact your personal investment advisor at Profimex or fill out the contact form at the bottom of this page.
Please be aware that before you sign on to any given investment, and in order to benefit from the other Profimex InnerCircle advantages, we will need appropriate written documentation to support your status as an “accredited investor,” such as a letter from an accountant, attorney, or, in appropriate circumstances, another third party with the proper authority to confirm that the necessary due diligence process has been undertaken to independently confirm your eligibility and status as an accredited investor. Further information about this confirmation letter.
* In each of the last two years.
 Liquid assets – This refers to cash, deposits and financial assets as defined by the Israeli Regulation of Investment Advice, Investment Marketing and Investment Portfolio Management Law of 1995, as well as securities traded on the stock exchange. Financial Assets – Instruments as defined by the Israeli Joint Investment Trust Law of 1994, stocks or shares in funds registered outside Israel, options, futures, structured or indexed products and pension funds.
 Family Unit – Defined as an individual and his/her household living with him/her and/or dependents.
Obtain written affirmation from an accountant, lawyer, or, in appropriate circumstances, another third party (reasonably relied upon) indicating that reasonable steps have been taken (aside from reliance on the investor’s declaration) to confirm that the investor meets all the eligibility requirements, specifying those measures taken to make such an assertion