Kashrut of a Corporate Bond Fund | Problems affecting investments | Ask the Rabbi - SHEILOT.COM

Kashrut of a Corporate Bond Fund

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Question

Does a money-market fund with corporate bonds (for example, the IBI Shekel Money-Market Fund 5139522) require a Badatz hechsher? And if so, is this fund considered halachically kosher for investment (investments, interest)?

Answer

Hello and blessings 

A fund of the corporate-bond type requires kashrut supervision. 

The IBI company has at least two tracks under excellent kashrut supervision of "Glatt Hon". 

I was not able to ascertain whether the specific track you mentioned has kashrut supervision, but as an interested investor you can easily clarify this with them. 

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