
TSE:HHL
This summary was created by AI, based on 4 opinions in the last 12 months.
The Healthcare Leaders Income ETF (HHL-T) is positioned within a challenging U.S. healthcare sector that is experiencing pressure due to various factors, including public sentiment towards health insurance companies. This ETF holds around 20-23 large healthcare names on an equal-weight basis, with a significant portion in pharmaceuticals and healthcare equipment. While the management expense ratio (MER) is approximately 1%, making it somewhat pricey, the strategy of covered writing in the portfolio generates additional income, adding value for investors. Despite recent struggles, the ETF offers good diversification, especially for Canadian-centric portfolios. Experts suggest that this ETF could be part of a balanced strategy for both income and growth, particularly with favorable demographic trends despite the challenges presented by political factors and market volatility.
Health care leaders. They use option strategies to enhance yield. As broad markets turned down in '15/16, this index fell and now that things have recovered, it has done so but less than the market. This is a way to play this space. It is an active strategy and a fine one if you want exposure to healthcare.
He loves covered call strategies. They are very active managers and he thinks they do a very good job of it. The last few years have been an up market in the healthcare market. XLV-N is the broad US healthcare market. You have a much better return with HHL-T because of the dividend as well. It is a good way to hold healthcare late in the cycle.