| Trust Services
/ Mutual Funds & ETF
Hermetic is an authorized trust company, duly licensed by the Israeli Securities Authority, specializing in serving as a trustee for a wide range of Exchange Traded Funds (ETFs) and mutual funds. As the leading trustee of ETFs in Israel, Hermetic currently provides its trusted services to approximately 220 ETFs and mutual funds, with a total value of around 40 billion NIS. These funds have been issued by the two major players in Israel’s ETF industry: KSM Group (Excellence) and Tachlit Group (Meitav Dash).
To cater to the specific needs of the ETF and mutual funds sector, Hermetic maintains a team of highly qualified professionals, including accountants, economists, and attorneys who possess extensive experience in this field. Additionally, Hermetic has developed an in-house computerized system, tailored to efficiently handle and deliver trust services for all types of ETFs and mutual funds. This advanced system ensures seamless and reliable operations for the benefit of its clients.
/ Corporate bonds
Hermetic, an esteemed trust company in Israel, offers a comprehensive range of trust services catering to approximately 230 Series of Bonds. These bonds are primarily issued to the Israeli public or institutional investors by both Israeli and foreign companies, aiming to raise funds from the public. Hermetic proudly serves an extensive client base in this sector, including the most prominent groups and corporations in the Israeli market, governmental entities such as the IEC, Mekorot, Israel Railways, and the Port Authority, as well as local authorities.
Hermetic facilitates trust services for private placements of bond series issued to institutions investors.
Hermetic manages the securities of bonds for major leasing companies in Israel.
/ Business clients
1. Trust Services for Credit Transactions: Hermetic provides trustworthy services for credit transactions, serving banks and institutional entities. Whether it’s syndication transactions or large credit transactions related to infrastructures, Hermetic is the preferred choice for a consortium of financiers or a single financier.
2. Administration and Servicer Services for Loans: As experts in the field, Hermetic administers and offers servicer services for loans from institutional entities and non-bank credit companies. Hermetic’s responsibilities include supervising borrowers, executing payments as per contract terms, and overseeing lenders’ loan repayments.
3. ESCROW Services – Securing Assets in Israel and Abroad: Hermetic acts as the safeguard and custodian for processed assets, which may include real estate, securities, deposits, vehicles, and more. With over two billion NIS worth of deposits and securities entrusted to us, Hermetic customers can rest assured that their assets are in safe hands.
4. Administration and Tax Trust Services for Hedge Funds and Investment Funds: Hermetic specializes in services for hedge funds and investment funds, including funds involved in the field of urban renewal.
5. Supervision of Contractual Obligations in Commercial Agreements: Hermetic diligently oversees the execution of contractual obligations in various commercial agreements, such as investment agreements and financing agreements, promoting transparency and accountability.
6. Trust Services for Sheltered Housing Law: Hermetic is committed to guaranteeing tenants’ deposits through trust services in accordance with the sheltered housing law.
7. Trust Services for Insurance Agents and Underwriters: Hermetic provides trust services for insurance agents and underwriters.
8. Escrow Services for Financing Leasing: Hermetic’s escrow services cover financing leasing, including the pledging of leasing flow and cars, providing you with added security.
9. Trust for Blocked Shares.
10. Operation of Settlement Agreements: Hermetic specializes in trust services for blocked shares in compliance with various legal provisions, including blind trusts for shares.
11. Hermetic serves as execution officer of settlement agreements and judgments in class actions.
12. Cash Flow Securitization: Hermetic provides expert trust services within the framework of cash flow securitization, ensuring smooth operations and financial security.
13. Trust service for those who wish to deposit Source Software.
/ Private clients
Hermetic Trust Services excels in settling property divisions following death or divorce, ensuring smooth intergenerational transfers, arranging payments and welfare support for family members with disabilities and special needs, and handling other legal arrangements such as trusts for funds, real estate assets, properties based on trust agreements, divorce agreements, and wills. Hermetic also offers real estate asset management services in Israel, catering to both Israeli citizens and foreign residents. With Hermetic’s extensive expertise, Hermetic serves as a trustee for approximately 70 public and private dedications, manages inheritance matters, facilitates anonymous donations for those who desire confidentiality, and provides various other services to meet their clients’ unique requirements.