As humans, we will all go through different lifecycle from infancy to childhood, adulthood and senior years. As we grew older, we tend to pay more attention to our health. There's a saying ... health is wealth which bring us to a question. How can we be wealthy yet healthy? Is there a way to take advantage of our concern through investing?
There are many listed health related companies but I'm no doctor or medical expert to know for sure which companies will excel and I'm not comfortable investing into individual companies hence to have a peace of mind I'm looking at $Health Care Select Sector SPDR Fund(XLV)$. It literally cover all areas within the healthcare industry.
The Health Care Select Sector Index includes companies from the following industries: pharmaceuticals; health care equipment and supplies; health care providers and services; biotechnology; life sciences tools and services; and health care technology.
Top 10 holdings include UNH, JNJ etc with an expense ratio of 0.1%
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