您的投资组合是否足够健康?

Published: 20/04/2021


Investor Knowledge +  10 Minutes = New Thinking

Personal health is arguably our greatest asset. Good health provides us hope, opens doors to pursue our passions, and allows us to enjoy life to the fullest. Around the world, healthcare has largely been adopted as a human right, with governments, individuals, and corporations investing ever increasing amounts into providing healthcare.

For investors, Healthcare is a highly attractive sector deserving of a core long-term position in many portfolios. The sector benefits from many attractive attributes, including strong growth, inelastic demand, and low sensitivity to the economic cycle. Combined, these factors have allowed the sector to post earnings growth and returns ahead of the broader equity markets over the long-term - a trend we expect will continue in the years ahead.

Building a healthy portfolio

With this in mind, TD Asset Management Inc. (TDAM) recently created an article titled Building a Healthy Portfolio that discusses how the Healthcare sector benefits from strong secular tailwinds and how these tailwinds are anticipated to remain in place for many years.

The article also takes a deeper dive into the current trends to help illustrate how the sector's strong growth has, and continues to be, mainly driven by two secular drivers - a growing and aging global population (demographics), as well as a continuous stream of innovations.

Now, if there was only an investment solution to help take advantage of these trends…

An ETF with broad Healthcare exposure

At TDAM we are committed to providing one of the broadest offerings of investment solutions in Canada and the essential building blocks needed to help you construct a well-thought-out portfolio. That’s why we’ve recently launched the TD Global Healthcare Leaders Index ETF (TDOC).

The primary goal of TDOC is to provide investors with broad based global exposure to Healthcare, in order to capitalize on the secular trends driving growth in the sector - without the risk of investing in a narrow niche or industry group. TDOC provides exposure to nearly 140 mid, large and mega-cap names, capturing both mature industry leaders and healthcare innovators. This includes Pharmaceuticals, Biotechnology, Life Science Tools, Healthcare Equipment, Healthcare Services, and Health Technology.

What separates TDOC from the rest?

并非所有ETF都是相同的。 One unique aspect of TDOC is that it caps the weight of individual securities at 2% and excess weight is redistributed to other index components on a pro-rata basis at each rebalancing interval. This tilts exposure away from slower growing mega-cap pharmaceutical companies, with the weight redistributed to faster growing biotechnology, health equipment, life science tools, and healthcare technology.

TDOC is designed to help meet the evolving needs of investors and include strategies that we believe are truly distinctive in the marketplace. Our offering provides greater choice and opportunity for investors in the fast-growing Canadian ETF market.

For more information about TDOC, please visit TD.com/ETFs.

本文所含信息由道明资产管理有限公司提供,仅供参考。信息出自我们认为可靠的来源。本信息并未提供财务、法律、税务或投资建议。具体的投资、税款或交易策略应根据每位投资者的目标和风险承受能力加以评估。

本文档中的部分陈述可能包含预测性的前瞻性陈述(“FLS”),其中包含“预计”、“预期”、“打算”、“认为”、“估计”和类似的前瞻性表述或其否定形式。前瞻性陈述基于当前对未来普遍的经济、政治、相关市场因素(例如利率和汇率、股票和资本市场)以及普遍经营环境的预计和预测,并假定不发生税法或其他法律或政府管制方面的任何变动或灾难事件。对于未来事件的预计和预测本身受无法预见的风险和不确定性的影响。此等预计和预测可能在未来并不准确。前瞻性陈述并非对未来表现的保证。实际发生的事件可能与前瞻性陈述明示或暗示的事件存在实质差异。包括上文所述各项因素在内的多个重要因素均可能造成这种背离。您不应在任何程度上依赖于前瞻性陈述。

The TD Global Healthcare Leaders Index ETF ("TD ETF") is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Solactive Global Healthcare Leaders Index (CA NTR) ("Index") and/or any trade mark(s) associated with the Index or the price of the Index at any time or in any other respect.指数由Solactive AG计算和发布。Solactive AG会尽一切努力确保指数计算正确。无论对道明资产管理有限公司的义务如何,Solactive AG均没有义务向第三方指出指数的错误,包括但不限于投资者和/或TD ETF的金融中介。发布Solactive AG指数或出于与TD ETF结合使用的目的提供指数或任何指数相关商标的许可均不构成Solactive AG鼓励向所属TD ETF投资的建议,也不代表Solactive AG对向此TD ETF进行任何投资的保证或意见。

TD ETF由道明银行全资子公司道明资产管理有限公司管理。

所有商标均为其各自所有者的财产。

®TD标识和其他商标为道明银行或其子公司的财产。


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