01.23.2007
HealthShares™
HealthShares is in the process of launching a series of ETFs on the NYSE, which are organized into therapeutic 'Verticals' and represent specific areas of the healthcare, life science and biotechnology industries.
Each Vertical addresses a distinct sub-segment of healthcare, such as the diagnosis and treatment of specific therapeutic areas (e.g. cardiology, cancer, infectious disease, etc.) and the development of medical devices (e.g. orthopedic repair, cardio devices, etc.).
Each ETF tracks an index of 22-25 stocks and offers institutional and individual investors a more precise financial instrument that leverages the potential of healthcare investing while mitigating the risks of single stock picking.
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