IXJ Profile
The iShares Global Healthcare ETF is an investment fund that targets exposure to the global healthcare sector. It primarily invests at least 80% of its assets in the component securities of its underlying index, which includes a diverse range of companies involved in healthcare services, pharmaceuticals, biotechnology, medical devices, and healthcare equipment. This focus on the healthcare sector allows the fund to capture the performance of companies that contribute to advancements in medical treatments, diagnostics, and healthcare services worldwide.
The underlying index tracked by the fund is designed to reflect the performance of significant players in the global healthcare market. It includes firms that are pivotal to healthcare delivery, research, and innovation. The index encompasses a broad spectrum of healthcare-related industries, ensuring comprehensive exposure to companies that drive growth and innovation in the sector. This includes large multinational pharmaceutical companies, cutting-edge biotech firms, and leading medical technology providers.
In addition to investing in securities that are part of the index, the fund may allocate up to 20% of its assets to various financial instruments such as futures, options, and swap contracts, as well as cash and cash equivalents. These investments help manage the fund's exposure and provide liquidity, allowing it to adapt to market fluctuations and maintain alignment with its investment objectives. The use of derivatives and cash reserves is integral to managing risk and optimizing performance.
Managed by iShares, a leading provider of exchange-traded funds, the iShares Global Healthcare ETF offers investors targeted exposure to the healthcare sector’s global landscape. This fund is designed for those seeking to invest in companies that are central to healthcare innovation and service provision. By focusing on healthcare, the ETF provides an opportunity to benefit from trends in medical advancements and demographic changes that impact global healthcare needs, while also reflecting the inherent volatility and opportunities within the sector.
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