marconiman
08 Dec 2017
Manager quits after harassment claims [link] has managed the fund since 1995. I wonder how this will affect the fund performance.
sometimes right
29 Nov 2017
Re: Allotment of shares Thank you. WWH is nearing my entry poin
marconiman
29 Nov 2017
Re: Allotment of shares Trusts often raise money to expand the company by creating new shares. It is nothing to worry about and will not really affect you.
sometimes right
29 Nov 2017
Allotment of shares Can someone please explain why WWH are allotting shares and the implications. Thank
holland44
15 Nov 2017
Re: Any views Who knows what the future holds, but arguably it has to be bright for the healthcare sector as the developed world ages - Japan's population has been falling for years and even China now a rapidly ageing workforce - and as breakthroughs in genetics and other forms of biotech feed through to healthcare practice. The promise of individualised healthcare based on one's genetic profile also holds considerably promise for more effective treatments, at a price, which should feed through to the returns available from healthcare equities.If you believe history is some sort of guide, WWH launched in 1995 and has annualised returns of 16.6% over 20 years, which is a terrific track record. Barron's Magazine calculated in November 2015 that WWH's manager Bruce Islay is the only US fund manager to have consistently beaten the S&P500 every year for 25 years. WWH's returns in recent years haven't been as spectacular as with biotech trusts, but then the risk profile appears to be significantly lower, so it depends on your priorities.I would say WWH is a definite long-term hold in any self-managed portfolio. Of course more generalised trusts will usually hold a proportion of healthcare stocks, so you will probably always have some exposure to the sector, but if you believe, as I do, that specialism by experienced, trained and active managers has a good chance of delivering better overall returns, I don't think it can do any harm to hold WWH. Some would argue the trust is *too* selective, but there are still hundreds of stocks to choose from. Healthcare is also a useful diversifier in your portfolio, because spending is tied relatively loosely to the fate of other sectors and has a large amount of state expenditure as well as private, i.e. if there's a recession, other sectors of the economy may take a hammering, but people still keep being born, falling ill and getting older, and the NHS will keep on spending . . . WWH also has an interesting 15% invested in healthcare stocks in emerging markets, so this isn't just an "old world" sector; Islay must be assessing that as poorer countries develop economically, their government and people become more able and willing to spend money on healthcare, as alongside work, food and shelter it is a pretty basic human need.The SP has been held back in recent months because of uncertainty over Trump's healthcare reforms, so perhaps now is a good time to buy. The main fly in the ointment however is that the discount has closed and the trust has even run at a premium. A recent article on Trustnet suggested that although WWH new investors might want to hold back on purchasing WWH, or at least drip-feed it, and wait for the SP to drop back to a discount.
vb6
15 Nov 2017
Any views I'm considering this as a way of including the health sector in the portfolio.Any views on it's future?Yours Medicallyvb6
leftback
26 Aug 2016
Drop in NAV Anyone know why the large drop in NAV? The large pharmaceuticals had one rocky day but does not seem to justify 5% drop.
Uncle Jeff
28 Nov 2014
Re: Share price defying gravity ? RE: WWH I agree , not just a very good couple of months, I have held for three years and price is up approx. 140% . No reason why it can't sustai
Kapulski
28 Nov 2014
Re: Share price defying gravity ? I'm inclined to think that the s/p of all three stocks you mention are "defying gravity", though I've done well out of them and I'm not complaining.But at these levels I'm inclined to favour WWH as a more diversified play than either BG and IBT.
daft hare
28 Nov 2014
Share price defying gravity ? I am surprised that there have been no recent posts about the performance of WWH - not that I am unhappy !Any views from anyone on the sustainability of current price levels ?I also hold Biotech Growth but am wondering about switching some funds from WWH into International Biotechnology which still trades at a significant discount, approx -12%
