BMEZ - BMEZ: BlackRock's Second Offering In The Healthcare Space
Written by Nick Ackerman, co-produced by Stanford Chemist
BlackRock launched its fund the BlackRock Health Sciences Trust II (BMEZ) on January 29th, 2020. Roughly a month before the broader market had hit all-time highs and the COVID-19 crisis-induced selloff began. In hindsight, this will probably be viewed as a very fortunate timing of launching a fund. Reported on March 31st, 2020 - the fund still had 22.58% allocated to cash. This means they still have plenty of money to put to work.
There is very limited information on this fund so far. No