Overview
Description
The iShares S&P Health Care Mutual Fund is designed to provide investors with exposure to the diverse and dynamic healthcare sector. Its primary function is to replicate the performance of the S&P Health Care Index, which encompasses a broad range of companies involved in healthcare services, pharmaceuticals, biotechnology, and medical equipment. This fund targets entities that are pivotal in shaping medical advancements and healthcare delivery, including major pharmaceutical firms, innovators in biotechnology, and medical device manufacturers. The healthcare sector is known for its resilience and ongoing innovation, driven by demographic trends such as aging populations and increasing healthcare needs worldwide. By investing in this mutual fund, participants access a diversified portfolio that embodies both established healthcare leaders and emerging innovators, ensuring comprehensive sector participation. In the broader market, the fund plays a significant role in reflecting the economic activities and performance of the healthcare industry, contributing to its position as a critical component of global economic growth and sustainability.
About
Address
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Website
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Instrument type
ETF
Country
Switzerland
MIC code
XSWX