
TSE:HHL
This summary was created by AI, based on 3 opinions in the last 12 months.
The Healthcare Leaders Income ETF (HHL-T) is currently positioned as a solid option for investors seeking income through a balanced approach in the healthcare sector, which has faced challenges recently. Amidst the ongoing discontent towards U.S. health insurance companies, experts suggest MCK, a drug distributor, as a noteworthy healthcare investment. HHL-T holds a diverse portfolio containing approximately 20-23 major global healthcare companies on an equal weight basis, with significant investments in pharmaceuticals, healthcare equipment, and biotech. Though its management expense ratio is around 1%, considered a bit pricey, the ETF offers added value by engaging in covered writing, generating extra income. With an appealing entry point for investors and the potential for market normalization, especially in light of demographic trends, HHL-T presents an interesting option for those looking to complement their Canadian-centric portfolios with exposure to the less economically sensitive healthcare sector.
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.