Terry Shaunessy iShares S&P Global Healthcare XHC-T COMMENT Jan 16, 2013

This whole healthcare space is something that you want to own. He owns the iShares US healthcare (IYH-N) which owns all the large US healthcare names. Continues to move along at a very nice clip.

Healthcare ETF. Playing the global healthcare space. BMO has one with a currency hedge on it. Thinks Healthcare will be a good bet for the next 20-30 years. You have to look at what is in them. Pharma vs. Biotech are different stories. This one is mostly large Pharma, which has its challenges. Should be bought about $30 where there is good support.

They like the Canadian hedging. He can play healthcare this way and not take on the product risk. It broke out earlier in the year and now is breaking out again.

Pullback due to concerns the democratic left will win the election is actually an opportunity to come back into healthcare. Healthcare is always a long-term play. Yield is 1.6%.

(A Top Pick May 29/19, Up 4%) He prefers owning a basket of diversified, global healthcare stocks, not just Canada. XHC is hedged, so there's no currency risk. He owns it for these two reasons.

HHL-T & XHC-T. HHL-T has a high yield because they do covered calls. He prefers the XHC-T ETF for slightly more yield. HHL-T is a viable option but you are capping the upside.

Market-cap weighted. MER is 0.66%.