Designed to provide broad exposure to the Healthcare - Broad segment of the equity market, the Fidelity MSCI Health Care Index ETF (FHLC) is a passively managed exchange traded fund launched on October 21, 2013.
The Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) is down about 5% year to date while the S&P 500 is up 7%.
Launched on October 21, 2013, the Fidelity MSCI Health Care Index ETF (FHLC) is a passively managed exchange traded fund designed to provide a broad exposure to the Healthcare - Broad segment of the equity market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 40,408 | $2.85M | $3.13M | $284,191.83 | 9.98% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 82 | $4,727 | $6,354.59 | $1,627.59 | 34.43% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 32,072 | $2.19M | $2.49M | $292,031.43 | 13.32% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 4,497 | $347,555 | $348,719.86 | $1,164.86 | 0.34% |
| AC Adam Claypool First Community Trust Na | 637 | $44,101.83 | $49,287.87 | $5,186.04 | 11.76% |
| ARCA Exchange | US Country |
The company described focuses on investing primarily in the health care sector of the U.S. equity market. Specifically, it pledges at least 80% of its assets to securities that are part of its underlying index, which is the MSCI USA IMI Health Care 25/50 Index. This decision underscores the company's targeted investment approach, focusing on a sector known for its potential for growth and innovation. By aligning its investments with the performance of the health care sector, the company aims to leverage the sector’s dynamics for the benefit of its investors. The company’s choice to operate as a non-diversified fund indicates a more concentrated investment strategy, possibly aiming for higher returns characteristic of sector-specific funds.
Listed below are the primary products and services offered by the company:
The company specializes in investments within the health care sector, leveraging the MSCI USA IMI Health Care 25/50 Index as a benchmark for performance. This approach allows investors to directly benefit from the growth and innovations within the healthcare industry through a focused investment strategy.
The index tracking service is central to the company's operations, as it aims to reflect the performance of the health care sector in the U.S. equity market. By potentially including all or most of the securities present in the MSCI USA IMI Health Care 25/50 Index, the company delivers an investment product that mirrors the sector’s dynamics, affording investors the opportunity to partake in the health care sector’s progress.
This particular aspect of the company's offering reveals a strategic choice to concentrate its investments within the health care sector rather than spreading across various sectors. Such a non-diversified approach might appeal to investors looking for targeted exposure to health care, acknowledging the associated risks and rewards of a sector-focused investment portfolio.