iShares launch US medical devices ETF

Abbott Laboratories among 50 holdings

James Baxter-Derrington
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The new ETF focuses on firms involved in the manufacturing and distribution of medical devices
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The new ETF focuses on firms involved in the manufacturing and distribution of medical devices

iShares has launched an ETF focusing on medical device manufacturers in the US to provide a targeted approach to healthcare investing.

The iShares US Medical Devices UCITS ETF (UMDV) offers investors exposure to a "broad range of US companies involved in the manufacturing and distribution of medical devices" and is available for a total...

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