Report
Riccardo Lowi

Capital Network: BB Healthcare Trust - Positioned to Maintain Returns

Healthcare remains a highly attractive sector, supported by a tidal wave of innovation in both therapeutics and the provision of healthcare services

BB Healthcare team is now building up on 2017 outperformance (+4.9%, despite currency headwinds) and asset growth

Expect 2018 stocks' performance to be driven more by fundamentals (and M&A), less by political issues (tax reforms, Obamacare repeal)

BB Healthcare portfolio best positioned to capture the strongest emerging themes in healthcare, across bio-pharma, services, wellbeing

Reiterated commitment to returning capital via yearly dividends of 3.5% of NAV

Underlying
BB Healthcare Trust

BB Healthcare Trust plc is an investment trust. The Trust's investment objective is to provide shareholders with capital growth and income over the long term, through investment in listed or quoted global healthcare companies. It intends to invest in a concentrated portfolio of listed or quoted equities in the global healthcare industry (maximum of over 35 holdings). It may also invest in American depositary receipts or convertible instruments issued by such companies and may invest in, or underwrite, future equity issues by such companies. Its portfolio includes in industries, such as pharmaceuticals, biotechnology, medical devices and equipment, healthcare insurers and facility operators, information technology (where the product or service supports, supplies or services the delivery of healthcare), drug retail, consumer healthcare and distribution. Bellevue Asset Management AG serves as the portfolio manager and Bellevue Advisors Limited serves as an investment advisor to the Trust.

Provider
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proactiveinvestors

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Analysts
Riccardo Lowi

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