Bellevue Health Share Price (BBH)

I don't know. Bought a year ago and really disappointed with performance since compared with the benchmark and competitors. My investment is down around 10% compared with a broadly flat benchmark. On a five-year view, BBH is down 3% compared with 45% gain from Polar Capital Healthcare and 12% gain from Worldwide Healthcare. The portfolio holdings are rather obscure, mid-cap (as opposed to large pharma) and very US-centric, which has been working against it.

Can't help thinking that the enhanced dividend is a red herring from a focus on total return (considering it just gets deducted from the trust's NAV). I've also grown somewhat weary of the VERY long and often tangental commentary from Mr Major that reads to me like smoke and mirrors to cover from poor performance.

Overall, I think I'll probably end up switching to the two aforementioned healthcare trusts which have a broader and more mainstream exposure - or simply buy something like the Legal & General Global Health & Pharmaceuticals Index that tracks the global index.

Did the same a a few months ago as I didn't have any dedicated invest ment trust in the sector, apart from arix. One just to tuck away for a few years and forget about it.

Bought some of these today for my pension. Was looking at worldwide health trust but preferred the dividend offered here and the fact they don’t charge a performance fee. Seems very much under the radar, but with experienced management, hoping it will be a good long term core holding.

https://www.proactiveinvestors.co.uk/companies/news/1008703/bellevue-healthcare-trust-confident-in-healthcare-sector-growth-1008703.html

https://www.proactiveinvestors.co.uk/companies/news/1002093/bellevue-healthcare-trust-expects-incredible-volte-face-to-be-a-key-factor-in-2023-1002093.html