Amundi MSCI World Health Care UCITS ETF USD Acc

Issuer: Amundi ETF

Asset Class: Equity

TER: 30bps

Trading Currency: USD

Pays Income: False

Listing Date: 27 Sep 2010

Ticker: HLTW

ISIN: LU0533033311

This fund provides targeted exposure to the global healthcare sector, an area renowned for its defensive characteristics and significant long-term growth potential. The industry is underpinned by powerful and enduring secular trends, including aging populations in developed nations, which naturally increases the demand for medical services, pharmaceuticals, and long-term care. Furthermore, rising incomes and expanding access to healthcare in emerging markets are creating vast new consumer bases. The healthcare sector often demonstrates resilience during periods of economic uncertainty, as spending on essential health products and services tends to be non-discretionary, providing a potential buffer against market volatility.

By tracking a benchmark of large and mid-capitalisation companies across developed countries, the investment offers diversified access to the entire healthcare value chain. This includes industry giants in pharmaceuticals, pioneers in biotechnology, manufacturers of cutting-edge medical devices and equipment, and providers of healthcare services. The portfolio is positioned to benefit from the relentless pace of innovation within the sector, from breakthroughs in drug discovery and gene therapies to advancements in medical technology and digital health solutions. This global diversification helps mitigate concentration risk in any single country and allows investors to capture growth opportunities from the leading healthcare companies worldwide.

This instrument is well-suited for investors seeking to add a thematic or sector-specific tilt to a well-diversified portfolio. It can serve as a core strategic holding for those with a long-term conviction in the growth story of global healthcare. The accumulating share class structure is particularly advantageous for long-horizon investors, as it automatically reinvests any dividends received from the underlying companies, thereby harnessing the power of compounding. It offers a convenient and efficient way to gain broad, liquid exposure to an essential and ever-evolving sector of the global economy.