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Associated equity: Worldwide Healthcare Trust
Worldwide Healthcare Trust is a specialist investment trust that invests in the global healthcare sector, with the objective of achieving a high level of capital growth. Gearing and derivative transactions are used to enhance capital returns and mitigate risk. Performance is measured against the MSCI World Health Care Index (sterling adjusted).
Worldwide Healthcare Trust — 3 videos in collection
Edison’s investment companies team recently published a review of Worldwide Healthcare Trust (ticker: WWH), which is managed by Sven Borho and Trevor Polischuk at leading global healthcare specialist OrbiMed. They are very optimistic about the prospects for the trust led by high levels of innovation and other positive industry fundamentals, included an acceleration in M&A activity ahead of a looming patent cliff. The US biotech sector appears to be turning a corner following a particularly deep and protracted absolute and relative drawdown in a rising interest rate environment. This should be beneficial for the trust’s performance due to the managers’ long-term successful strategy of favouring smaller-cap biotech stocks over large-cap pharma companies. Since launch in 1985, WWH has outperformed its benchmark by a considerable margin.
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