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Macro Minutes: Health Care Sector Update
Key Points
- Health Care’s performance this year has been driven by its defensive nature. It was one of the best performing sectors in the downturn, as its products and services remained in consistent demand.
- The development and distribution of a COVID-19 vaccine is being aided by the US government through Operation Warp Speed.
- Health Care is consistently impacted by election uncertainty, but we do not believe there will be big sweeping legislation affecting the sector.
Investing in financial markets involves a risk of loss and there is no guarantee that all or any invested capital will be repaid. Past performance neither guarantees nor reliably indicates future performance. The value of investments and the income from them will fluctuate with world financial markets and international currency exchange rates.
