Overview
Description
The iShares Global Healthcare ETF is an exchange-traded fund that aims to track the investment results of an index composed of global equities in the healthcare sector. Designed to provide broad exposure to healthcare companies worldwide, this ETF encompasses firms involved in the development, production, and distribution of healthcare products, equipment, and services. iShares Global Healthcare ETF exposes investors to a variety of segments within the healthcare industry, including pharmaceuticals, biotechnology, medical devices, and healthcare providers.
The primary function of the iShares Global Healthcare ETF is to serve as a diversified investment vehicle that reflects the performance of leading healthcare companies globally. It includes major pharmaceutical corporations and innovative biotech firms, thereby offering a comprehensive overview of the healthcare landscape. By holding this ETF, market participants can gain exposure to international markets and the associated diversification benefits.
In the financial market, the iShares Global Healthcare ETF plays a significant role in allowing investors to capitalize on the growth and stability offered by the healthcare sector while minimizing the risks typically associated with individual stock selection. Its diverse composition makes it an efficient tool for strategic asset allocation in global equity portfolios.
About
Address
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Phone
02 9272 2200
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX