Disclaimer
Disclosure – Non-Independent Marketing Communication
This is a non-independent marketing communication commissioned by Bellevue Healthcare. The report has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the dealing ahead of the dissemination of investment research.
Kepler Trust Intelligence provides a round-up of the bull and bear arguments around the healthcare-focused trust Bellevue Healthcare (BBH).
00:00 Introduction
00:26 Who manages BBH?
01:04 What is BBH’s investment objective?
01:26 What does BBH invest in?
03:03 The bear case for BBH: Concentration, small-caps and gearing
06:31 The bull case: Macro-economic tailwinds
07:10 Healthcare investing: innovation and defensiveness
09:08: Diversification and dividends
10:13 Experience of management
11:17 What is the outlook for BBH?
11:44 Further information
11:56 Risk warning