Health care is the sector to be in for many years to come.This etf provides exposure to top global pharma majors at one go.It also has many Bufett picks.
From Yahoo finance
top holdings
| TOP 10 HOLDINGS ( 49.88% OF TOTAL ASSETS) | |
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| Company | Symbol | % Assets | | ABBOTT LABORATORIES | ABT | 3.78 | | GLAXOSMITHKLINE PLC | GSK | 5.5 | | JOHNSON AND JOHNS DC | JNJ | 8.04 | | MERCK CO INC | MRK | 4.41 | | Novartis | N/A | 6.11 | | PFIZER INC | PFE | 6.91 | | Roche Holding Ltd | N/A | 6.26 | | SANOFI-AVENTIS | SAN.PA | 3.5 | | UNITEDHEALTH GROUP | UNH | 2.72 | | WYETH | WYE | 2.65 | |
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My exposure to GSK both as a direct holding as well through this etf is hedged by my holding of EFU which is an inverse of MSCI EAFE index.
$53.11 (04/10/08)
