Be constructive on resilient Health Care
As the saying goes, health is wealth. With ageing populations across the world, this is only becoming more relevant. The health care sector, which accounts for 11-12% of the global benchmark, demonstrates stable and secular growth characteristics. Covid-19 has certainly shone a spotlight on this sector.
With its strong long-term fundamentals, the sector has delivered solid earnings and share price performance since the start of the last decade. At the same time, the sector exhibits defensive qualities.
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