Larry Berman CFA, CMT, CTAEvolve Global Healthcare Enhanced Yield FundLIFE.TOCOMMENTSep 14, 2020

Good exposure to healthcare.
60 basis point management fee.
Enhanced yield fund (~8.7%).
Be careful on management fees when calculating total yield. 

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research.  An equal weight global healthcare ETF. A good choice for an ETF that covers the sector. It offers good yield with high quality companies. Potential investors should keep in mind the US elections in November, as the healthcare sector may see increased volatility in the short term. Unlock Premium - Try 5i Free

LIFE vs. HHL In Canada, we have two similar ETFs holding global healthcare, this and HHL-T. Each holds around 20 megacap stocks, equally weighted. He prefers LIFE because the names it holds are more diverse, but owning either or both is fine. Both feature a covered call a third of their portfolios, which is good, because you want two-thirds to really capture the upside potential in this thriving sector. Who knows which set of stocks within these ETFs will hit? You could own both. Plus, you get a little income.