HealthInvest Invests in Small & MicroCap Fund
HealthInvest Partners AB has decided to invest SEK5m in HealthInvest Small & MicroCap Fund. The investment will take effect on 30 March 2020.
Markus Wistrand, Managing Director: ’We want to inform our co-investors about our future transactions in the fund. By doing so, our clients can make a similar move if they so choose.’
Anders Hallberg, Chief Investment Officer: ‘HealthInvest Small & MicroCap Fund has now a record low valuation of around 9x free cash flow. This may be compared to the valuation of the general stock market which is around 17x (MSCI World). Hence, the Fund’s holdings could rise 90%, yet still only trade in line with the overall stock market.’
Anders Hallberg continues: ‘We actually feel good about investing in the Fund even in the event of a possible recession due to the COVID-19 lockdowns. As you probably know, the healthcare sector is relatively insensitive to economic cycles. For example, in the great recession of 2008-2009, companies on average lost 30% of their profits. In contrast, healthcare companies grew profits by 5%.’
HealthInvest Small & MicroCap Fund (“the Fund”) is managed by HealthInvest Partners AB. The Fund is pursuant to the Swedish Mutual Funds Act (2004:46).
It is the responsibility of each and every person interested in investing in HealthInvest Small & MicroCap Fund to ensure that the investment takes place in accordance with applicable laws and other regulations. Foreign law may entail that an investment cannot be made by an investor from outside Sweden. HealthInvest Partners AB has no responsibility whatsoever to verify whether an investment made from outside Sweden takes place in accordance with the laws of the relevant country. Disputes or claims concerning the Fund shall be resolved according to Swedish law and exclusively by Swedish courts of law.
There is no guarantee that an investment in HealthInvest Small & MicroCap Fund cannot result in a loss. This applies irrespective of otherwise positive performance on the financial markets. Past performance is no guarantee of future results. Funds invested in HealthInvest Small & MicroCap Fund may increase as well as decrease in value, and there is no certainty that persons who invest in HealthInvest Small & MicroCap Fund will receive in return the entire capital invested.
Information from HealthInvest Partners AB shall not be considered a recommendation to invest in HealthInvest Small & MicroCap Fund. Every person considering purchasing units in HealthInvest Small & MicroCap Fund must make an independent assessment of such an investment and the risks associated therewith. An investment in HealthInvest Small & MicroCap Fund should be seen as a long-term investment. Before you invest, you may want to review the Fund’s prospectus and simplified prospectus, which contain more information about the Fund and its risks. You can find the Fund’s prospectus and other information about the Fund online at www.healthinvest.se. You can also receive this information at no cost by calling +46 8 440 38 30 or by sending an e-mail request to email@example.com.