Why healthcare, now?

By Harvest Portfolios Group

Permanent and non-cyclical macro drivers lay the foundation for long term growth in the Healthcare sectors: Aging populations combined with significant increases in healthcare expenditures as we age; opportunity in developing markets as there is disproportionate share of increases in wealth is spent on healthcare; and technological innovation across medical equipment, devices and drug innovation. 

 

In the shorter term healthcare is considered as a superior good, something we need and spend on in good times and bad. This affords visibility into the underlying companies business prospects in the near term at a time when many industries face uncertainty, yet valuations for Healthcare near historical lows compared to the broader markets. 

 

Join Paul MacDonald, CIO & PM for one of Canada's largest Healthcare ETFs as he brings you up to date on the short term catalysts and long term macro drivers. 

 

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