Breakout on XHCConvergence approaching in terms of trendlines on the charts, forming more higher lows, previous breakout saw a reversal. It is taking support at the trendline, hopeful for a breakout
Key stats
About ISHARES S&P GLB HE IDX ETF CAD HED GLOBAL HEALTHCARE INDEX ETF HGD CAD
Expense ratio
0.66%
Home page
Inception date
Apr 12, 2011
ISIN
CA46431R1029
The fund offers marketlike exposure to global pharmaceutical, biotechnology, and medical device companies. The underlying index is selected and weighted by float-adjusted market-cap. It pulls from the S&P Global 1200 universe, which effectively screens out small-caps, giving the fund a large-cap tilt. Aside from that, geographic and sector weights look neutral and make it a viable entry-point to global healthcare. The underlying index is hedged to Canadian dollars on a monthly basis. XHC will mainly invest in one or more iShares ETFs that reflects the underlying index exposure.
Classification
What's in the fund
Exposure type
Miscellaneous
ETF
Stock breakdown by region
