- EDOC tracks the market-cap-weighted Solactive Telemedicine & Digital Health Index. To identify what companies are apt for this benchmark, Solactive uses an AI-based approach.
- The long-term trends including the growth and aging of the global population create favorable conditions for the industry to thrive.
- EDOC has a large-cap tilt, with almost 55% of the NAV allocated to companies with market values above $10 billion.
- Be prepared to pay a premium for exposure to the promising theme. Around 40% of the portfolio is dramatically overvalued which is implied by Value Grades of D or weaker.
- All things considered, I am bullish on EDOC for the long term.
For further details see:
EDOC: Concentrated Bet On The Future Of Digital Health