Federations donate to Israel, but most of their investments go anywhere but
For the first time in its history the Jewish Federation of Greater Metro West New Jersey will make a dedicated allocation to Israel equities.
“The board felt that it is an overall investment with a reasonable return and with some heart and mission behind it,” Daniel Staffenberg, Chief Development Officer at the Metro West NJ Federation said of the board’s decision to invest in Israel using ISRA, which tracks the BlueStar Israel Global Index.
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