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The investment objective of the Fund is to track the performance of companies in the health care sector across Developed Markets globally. The Fund seeks to track the performance of the MSCI World Health Care 35/20 Capped Index as closely as possible. The Fund is an index-tracking fund that invests primarily in stocks included in the Index, issued by companies globally and classified within the health care sector according to the Global Industry Classification Standard (GICS). The Fund generally seeks to hold all the securities of the Index with approximately the same weightings as the Index, using a replication strategy. The Index may contain constituents issued by the same body that represent more than 10% of the Index; the Fund may hold positions in individual constituents issued by the same body of up to 20%. The Fund may use financial derivative instruments to manage the portfolio efficiently.
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The investment objective of the Fund is to track the performance of companies in the health care sector across Developed Markets globally. The Fund seeks to track the MSCI World Health Care 35/20 Capped Index as closely as possible. The Index measures the performance of health care stocks from Developed Markets countries, classified according to the Global Industry Classification Standard (GICS). The Fund primarily invests in securities included in the Index and uses a replication strategy to hold the Index securities with approximately the same weightings. The Fund may use financial derivative instruments to manage the portfolio efficiently. The Index applies diversification limits under which individual constituents may represent up to 20% of the Index.
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Key takeaways

The ETFs track the same security, so they are effectively the same fund. $WHEA trades in $ and £HEAW trades in £; both are listed on the London Stock Exchange.

Fund highlights

Fund comparison highlights
Fund name
SPDR MSCI World Health CareSPDR MSCI World Health Care
GBP
USD
USD
USD
AccumulatingAccumulating
Fund size
£532M$708M
0.560.53
Last price
£56.25$75.24
0.30%0.30%
Fund manager
SPDR ETFsSPDR ETFs
Benchmark
MSCI World Health Care 35/20 CappedMSCI World Health Care 35/20 Capped
Risk
Ticker
£HEAW$WHEA
Primary listing
LSELSE
Documents
Costs disclosure document
Costs disclosure document
Market data provided by CBOE Europe and Deutsche Börse.

Performance

CumulativeRolling yearsLump sum investment

Sector exposure

ChartTable
£HEAW
$WHEA

Top holdings

Eli Lilly

11.60%

Johnson & Johnson

7.09%

AbbVie

5.82%

UnitedHealth

4.20%

Merck & Co.

4.16%

Roche Holding

3.74%

Novartis AG

3.20%

Thermo Fisher Scientific

2.96%

AstraZeneca

2.89%

Other

54.34%

Eli Lilly

11.60%

Johnson & Johnson

7.09%

AbbVie

5.82%

UnitedHealth

4.20%

Merck & Co.

4.16%

Roche Holding

3.74%

Novartis AG

3.20%

Thermo Fisher Scientific

2.96%

AstraZeneca

2.89%

Other

54.34%

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