The most significant data resulting from the evaluation of the members' personal information are as follows:-

• The average age per Member is 48 years old.

It is concluded that the Fund does not suffer from any "ageing" syndrome which could create any problems in respect of liquidity in the near future. At the same time, it is implied that according to the above data the investment horizon and the investment policy of the Fund, which must be consistent with the average of the remaining work years until the retirement of the Members, must range between 10 years.