Polar Capital's forthcoming Global Healthcare Growth & Income trust will launch with a partial allocation to growth stocks that overlaps existing holdings in its Healthcare Opportunities fund.
While Healthcare Opportunities focuses entirely on growth stocks, the new trust will have about 20% of its assets in this sector of the market. Gareth Powell, co-manager of both funds, says: “The growth holdings of Global Healthcare Growth & Income will mirror to a large extent the current holdings in Healthcare Opportunities.” A key driver of healthcare sector growth will be in companies that help governments reduce healthcare budgets, Powell says. “If you had shifted focus five years ago to companies bringing efficiencies to the system, you would have done incredibly well. We thi...
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