TSE:LIFE

21.02
0.01 (0.05%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The Evolve Global Healthcare Enhanced Yield Fund (LIFE-T) is well-regarded for its good exposure to the healthcare sector and relatively low 60 basis point management fee. The fund offers an enhanced yield of approximately 8.7%, making it an attractive option for investors seeking income. However, experts caution investors to be mindful of the management fees when calculating the total yield to ensure a clear understanding of the fund's true performance.

Consensus
Positive
Valuation
Fair Value
HOLD

Good exposure to healthcare.
60 basis point management fee.
Enhanced yield fund (~8.7%).
Be careful on management fees when calculating total yield. 

E.T.F.'s
DON'T BUY
It's a big-yield covered call ETF. Careful chasing high-yield ETFs, because this depends on how the underlying holdings are doing. In this case, it's healthcare, which is doing well during Covid. As a rule, he avoids covered call ETFs; the total return is actually low. In a rising market, you give up a lot of upside in cc-ETFs.
E.T.F.'s
COMMENT
These are some of the best ETFs for playing healthcare depending on what strategy you like. These cover global, covered call, yield focused, or actively managed ETFs in the market. The sector is a little overvalued right now so you might want to wait for a pullback. Longterm outlook is favourable.
E.T.F.'s
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research.  An equal weight global healthcare ETF. A good choice for an ETF that covers the sector. It offers good yield with high quality companies. Potential investors should keep in mind the US elections in November, as the healthcare sector may see increased volatility in the short term. Unlock Premium - Try 5i Free

E.T.F.'s
BUY
Hedged versus unhedged version. When deciding, you have to look at where the currency is going. There is a small hedging cost but it is low. He likes the ETFs in general.
E.T.F.'s
BUY

LIFE vs. HHL In Canada, we have two similar ETFs holding global healthcare, this and HHL-T. Each holds around 20 megacap stocks, equally weighted. He prefers LIFE because the names it holds are more diverse, but owning either or both is fine. Both feature a covered call a third of their portfolios, which is good, because you want two-thirds to really capture the upside potential in this thriving sector. Who knows which set of stocks within these ETFs will hit? You could own both. Plus, you get a little income.

E.T.F.'s
BUY
He likes the covered call type strategies. We have mostly cannabis in healthcare in Canada so you need exposure globally to healthcare.
E.T.F.'s
WEAK BUY
It is a healthcare play with a covered call overlay. He likes it as a more defensive way to play healthcare. It may depend on the US election this fall.
E.T.F.'s
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Evolve Global Healthcare Enhanced Yield Fund(LIFE-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Evolve Global Healthcare Enhanced Yield Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Evolve Global Healthcare Enhanced Yield Fund(LIFE-T) Frequently Asked Questions

What is Evolve Global Healthcare Enhanced Yield Fund stock symbol?

Evolve Global Healthcare Enhanced Yield Fund is a Canadian stock, trading under the symbol LIFE-T on the Toronto Stock Exchange (LIFE-CT). It is usually referred to as TSX:LIFE or LIFE-T

Is Evolve Global Healthcare Enhanced Yield Fund a buy or a sell?

In the last year, 1 stock analyst published opinions about LIFE-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Evolve Global Healthcare Enhanced Yield Fund.

Is Evolve Global Healthcare Enhanced Yield Fund a good investment or a top pick?

Evolve Global Healthcare Enhanced Yield Fund was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Evolve Global Healthcare Enhanced Yield Fund.

Why is Evolve Global Healthcare Enhanced Yield Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Evolve Global Healthcare Enhanced Yield Fund worth watching?

1 stock analyst on Stockchase covered Evolve Global Healthcare Enhanced Yield Fund In the last year. It is a trending stock that is worth watching.

What is Evolve Global Healthcare Enhanced Yield Fund stock price?

On 2024-04-26, Evolve Global Healthcare Enhanced Yield Fund (LIFE-T) stock closed at a price of $21.02.