Why Healthcare, Now?
By Harvest ETFs
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 a 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 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.
IIROC Cycle 9
Business Conduct - Non-Ethics