12 September 2024: Wealth Product Ideas
Resilient Portfolios Through Healthcare Investments
Key Drivers for Healthcare Industry Investment:
- Healthcare stocks show relative resilience during market downturns.
- The sector has demonstrated strong performance after past Fed interest rate cuts.
- Long-term healthcare expenditure and costs continue to rise in the US.
- Aging population and increasing medical needs contribute to the sector’s growth.
- The US presidential election may have less impact on healthcare stocks this year compared to previous elections.
- US national health expenditure is projected to grow at a compound annual growth rate of 4.4% until 2026.
Fund Name (Ticker) | iShares Global Healthcare ETF (IXJ US) |
Description | The iShares Global Healthcare ETF seeks to track the investment results of an index composed of global equities in the healthcare sector. |
Asset Class | Equity |
30-Day Average Volume (as of 9 Sep) | 112,791 |
Net Assets of Fund (as of 10 Sep) | $4,315,096,002 |
12-Month Yield (as of 31 Aug) | 1.21% |
P/E Ratio (as of 9 Sep) | 32.20 |
P/B Ratio (as of 9 Sep) | 4.75 |
Expense Ratio (Annual) | 0.41% |
Top 10 Holdings
(as of 9 September 2024)
(Source: Bloomberg)
Fund Name (Ticker) | iShares U.S. Healthcare ETF (IYH US) |
Description | The iShares U.S. Healthcare ETF seeks to track the investment results of an index composed of U.S. equities in the healthcare sector. |
Asset Class | Equity |
30-Day Average Volume (as of 9 Sep) | 303,223 |
Net Assets of Fund (as of 10 Sep) | $3,656,754,102 |
12-Month Yield (as of 31 Jul) | 1.12 % |
P/E Ratio (as of 9 Sep) | 33.18 |
P/B Ratio (as of 9 Sep) | 5.27 |
Management Fees (Annual) | 0.39% |
Top 10 Holdings
(as of 9 September 2024)
(Source: Bloomberg)
