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Tradewale to Launch Performance Fee-Based Healthcare Fund

Wednesday, April 17, 2019 General News
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Unique Healthcare Fund Will Open This Summer

LONDON, April 17, 2019 /PRNewswire/ -- Innovative investment company Tradewale announced it will open a performance fee-based healthcare fund in August 2019. The Tradewale Healthcare fund will invest primarily in the common stocks of companies that research, develop, manufacture, distribute and sell medical devices and related technologies.
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Healthcare funds consistently perform better than any other major sectors such as consumer discretionary, technology and utilities. "Healthcare has been the best-performing sector among the broader S&P 500, with stocks rallying steadily for multiple years," noted Tradewale CEO Richard Fennell. "Healthcare funds have been delivering an average of 15 to 20 percent annually."
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With an increasing global population and aging societies in many nations, Fennell believes the healthcare sector will continue to expand annually. He said, "Most healthcare companies in the United States benefit from consistent cash inflow and notable profit margins."

Artificial intelligence, machine learning, big data and other technological advancements are increasing productivity, and therefore profitability, in healthcare. "Greater investments in technology and innovation will increase efficiency and reduce waste. This benefits patients, providers and investors," said Fennell.

Fees As with the company's immensely successful Tradewale Managed Fund, investors will only pay a performance fee. There are no load or redemption fees. "Investors and fund managers raved about the success they saw with the performance fee structure, so it made sense to continue that with our healthcare fund," said Fennell.

Tradewale expects to release the specific portfolio composition and collateral materials in July 2019.

About TradewaleTradewale is an aggressive financial management corporation that calibrates the most advanced trading software available to distribute industry-leading returns. Sophisticated artificial intelligence helps Tradewale define the best trade opportunities while minimizing risks. The company offers 24-hour support services and an easy-to-manage user dashboard. To learn more or view trading audits and return data, visit tradewale.com.

Contact: Anna GarlandTradewale Public [email protected]

Financial Markets Risk DisclaimerAny trading in financial markets involves risk and potential for monetary loss. Trading results can vary.

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Cision View original content:http://www.prnewswire.com/news-releases/tradewale-to-launch-performance-fee-based-healthcare-fund-300833291.html

SOURCE Tradewale

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