Think for a moment. With the society becoming more affluent, people are eating more meals, having the choice to exercise or not, have more entertainment concepts coming up and people are sleeping later and later into the night .Naturally, their health is at stake. And with old age creeping up year on year, medical care is a NECESSITY globally. In fact, the richer the countries, the more "rich diseases" (high cholesterol, high blood pressure, diabetes,etc) are prevalent.
In the rural areas where the income is very much lower, they have no other means of income other than hard labouring job. Also, they eat less a day but work longer, thus the physical body is at work, lubricating the joints and improving the muscles tissues. Farmers are very healthy people, you know ?
This ETF is a must have, imo in anyone's portfolio , for both the good and bad times of the year !
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Praise God.......
In times of Covid-19 , Delta variant and possibly more new ones to emerge, Healthcare stocks are no longer a defensive sector to protect your portfolio. The weightage has shift in terms of importance and concentration.....