This passively managed ETF holds 20 global healthcare companies that are the constituents of the Solactive Global Healthcare 20 Index. It has hedged and unhedged options and uses a covered call strategy for up to a third of the holdings to enhance yield.
Income Investor
Healthcare stocks underperformed the broader market in 2024 as investors favored high-growth sectors like technology and communications. More weakness came in November as investors wondered what a Trump administration would mean for drug pricing and subsidies for health insurance and vaccine programs. Robert F. Kennedy Jr., a prominent anti-vaccine activist, has been chosen to lead the Department of Health and Human Services, which is giving investors pause. These short-term challenges do not change the view that this ETF has financial depth and the experience to navigate complex regulatory demands. - Adam Mayers
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LIFE was first recommended here on August 17, 2024