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CNVVF - Invesco Health Care Fund Q4 2024 Commentary
ConvaTec Group Plc
2025-03-20 09:05:00 ET
Summary
Stock selection in life science tools & services, pharmaceuticals and distributors detracted from relative performance, as did an overweight in health care facilities.
The health care sector underperformed all US stock market sectors except materials during the quarter.
Headwinds for health care include weak China demand dragging on the life sciences tools and services industry and hospitals facing negative sentiment tied to anticipated Trump policy and potentially lower reimbursement revenue.