Q: I have created a Healthcare sector in my portfolio. It includes LIFE (5.17) and HHL (1.69). This is 6.86% of my Portfolio. Could I have your words of wisdom on this?
Thank You.
Thank You.
5i Research Answer:
Please see this list of recent questions where we discuss both in various comments. Both are enhanced income healthcare funds offering exposure to global healthcare companies and selling options for income. HHL is 83% exposed to the US, LIFE is 68%. HHL has a better five-year return, 8.89% vs 6.95%. Indicated yields HHL 9.90%, LIFE 12.17%. HHL only owns the top 20 stocks and is more concentrated. LIFE owns 400+ stocks and is more diverisifed. HHL fees are higher: 0.99% vs 0.60%. We would be comfortable owning either for an investor seeking healthcare exposure with added income. We cannot comment on personal position sizes, however.