Investing in ETFs
Investing in HHLE offers a range of benefits for those looking to tap into the healthcare sector. Firstly, it provides access to global trends that are driving long-term growth in this sector, allowing investors to capitalize on these developments. Additionally, it offers diversified exposure to 20 large capitalization global healthcare stocks, which helps in spreading risk and potentially increasing the stability of the investment. A key feature of HHLE is its use of a covered call strategy, designed to enhance the portfolio's income potential while simultaneously reducing overall portfolio volatility. This strategy involves selling call options on stocks within the portfolio. Furthermore, HHLE employs modest leverage, approximately 25%, aimed at boosting monthly cash flow and enhancing growth prospects. Lastly, the investment includes enhanced exposure by investing in the Harvest Healthcare Leaders Income ETF (HHL), which allows investors to benefit from the ETF's specialized management and strategic approach to the healthcare sector.
For more information on Harvest Portfolios and the Harvest Healthcare Leaders Enhanced Income ETF (TSX: HHLE), go to https://harvestportfolios.com/