Q: Retired, dividend-income investor. Long term holder of HHL with a full position. It is my proxy for the health care sector.
Looking at your "total return" chart (capital gain + distribution) over multiple time frames, it appears to me we may be approaching some significant support in the $6,50 to $6.60 area.
Would you agree that the risk-reward ratio is swinging in favor of adding additional funds? Or, do we need to continue to sit on our hands and wait for a change in USA Healthcare Gov't leadership?
Happy to continue to just sit......Steve
Looking at your "total return" chart (capital gain + distribution) over multiple time frames, it appears to me we may be approaching some significant support in the $6,50 to $6.60 area.
Would you agree that the risk-reward ratio is swinging in favor of adding additional funds? Or, do we need to continue to sit on our hands and wait for a change in USA Healthcare Gov't leadership?
Happy to continue to just sit......Steve
5i Research Answer:
With a one-month return of minus 8%, we might have expected better things from the sector as investors took shelter from war-ravaged sectors. Valuations of course have improved, and we are not too concerned about further declines. However, there is still uncertainty, and HHL has 82% US exposure, so we think just sitting is the right move for now.