[cik]

I'm in Israel. This is extremely normal. We have trackers on the TLV. If you work anywhere and have any sort of pension, the default (i.e you sign your employment contract, and forget about life) is 80% tracking the S&P 500. To be clear, pensions are a thing in this country - most employees are legally mandated to pay into them, with pre-tax dollars that are received as a credit, with an employee match. That amount is 7% of your gross salary. Meaning, in my example, at a minimum, the average Israeli is saving $122 (USD) per month.

[peytn]

Interesting, did not know. Thanks.