Sign up USA
Proactive Investors - Run By Investors For Investors

BB Healthcare Trust delivers as it comfortably beats its benchmark

The trust, as the name suggests, was set up to invest in the healthcare sector – both here in the UK and abroad – and has a very rigid internal discipline to stock-picking
trading screens
The focus this year should be on stock fundamentals rather than politics

BB Healthcare Trust PLC (LON:BBH) comfortably outperformed its benchmark during what it described as a volatile year for the sector.

Chairman, Professor Justin Stebbing, said he hoped 2018 would be driven more by stock fundamentals than the politics now that wrangling in the US over the Affordable Care Act had ceased.  

READ: BB Healthcare Trust delivering capital growth and dividends

He believes the Republicans have “largely exhausted” their opportunities to reform Obamacare; at the same time “the realities of drug price trends are better understood”.

Optimistic about the future

“I am optimistic about the future; we see innovations in every area of healthcare practice that offer the genuine potential to revolutionise the delivery of care and, in so doing, relieve the financial pressures that ail the system,” said Stebbing.

“With its unconstrained approach, the company is well placed to benefit from the financial rewards that will accrue to those companies leading these innovations.”

The trust, as the name suggests, was set up to invest in the healthcare sector – both here in the UK and abroad – and it has a very rigid internal discipline to stock-picking.

WATCH: BB Healthcare Trust's Paul Major anticipating another bumper year

The fund has a cap of 35 companies in which it can invest and while it takes stakes in specific businesses it does so to garner exposure to investment themes that are rigorously assessed to drive innovation and value.

In the period from October 7 to November 30 its managers generated a total return (share price growth plus dividends) of 20.5%. This comfortably beat the firm’s benchmark, which delivered a 6.9% return. 

View full BBH profile View Profile

BB Healthcare Trust PLC Timeline

Big Picture
February 14 2018

Related Articles

trading screen
February 14 2018
Chairman, Professor Justin Stebbing, said he hoped 2018 would be driven more by stock fundamentals

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use