Ishares Trust S & P Global Healthcare Index (IXJ)

For healthcare, you really need to look south of the border. Limited offerings in Canada, where it's either marijuana or senior living.

Consider either IXJ or XHC, depending on what currency you want to purchase in. Broad-based, with major large-cap healthcare names. Pharma, healthcare products, services, and includes UNH. Likes the space, as you get both defensive and growth characteristics.

Yes, it is fairly steady, but healthcare is always subject to things happening from government (especially in the US) such as pricing pressure. So that could cause a bit of volatility.

Likes healthcare in general, a larger weight for him. Healthcare has been the leader YTD, only 11 days into the new year. Great, diversified way to own international and US names in the healthcare space. About 70% US, rest international. With healthcare, you get growth and defense. 42 bps.

This is an interesting one and he has no problems with it. The one thing is that it is about 60% US, so it is not that much diversification on a global basis. Nothing wrong with that though.

Healthcare has been one of the spaces that has had very good earnings growth in the S&P and probably global as well. A very stable space. Probably a little bit of a stretch in terms of valuation. He tends to like some of the biotech names. Feels healthcare will continue to run because of the need to own something more secure and put into things that have a nice dividend. Very little volatility.