WWH or IBT or both?

MPN
MPN Posts: 365 Forumite
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in Savings & investments
I am looking to invest a small percentage of my ISA allowance into Healthcare and am looking at WWH (Worldwide Healthcare Trust) and IBT (International Biotechnology Trust).

I understand that WWH is more of a general healthcare trust whereas IBT is more biotech and hence higher risk. Therefore, would it be reasonable to hold both trusts to cover more of the whole healthcare sector instead of just one? If anybody else holds these or other IT's in this sector your points of view would be appreciated. Thanks.
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  • StellaN
    StellaN Posts: 354 Forumite
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    edited 13 July 2018 at 1:28PM
    I am a long term holder of WWH as part of my specialist holdings in my portfolio and overall it has performed well. About 18 months ago, I also bought some IBT and I'm happy to hold both, because in my opinion, healthcare and biotech products are always going to be required within an ever ageing world.
  • ArchBair
    ArchBair Posts: 153 Forumite
    I hold WWH and coincidentally and looking at adding to this with either IBT or BBH (BB Healthcare), however at the moment I still need to do more research on both before making my decision. Anybody else hold BBH?
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    My wife holds WWH as a more cautious play than my IBT. Quite different really, as you point out.


    My IBT holding replaced BGT which in my opinion was getting overconcentrated in a few funds.
  • ArchBair
    ArchBair Posts: 153 Forumite
    AnotherJoe wrote: »
    My wife holds WWH as a more cautious play than my IBT. Quite different really, as you point out.


    My IBT holding replaced BGT which in my opinion was getting overconcentrated in a few funds.

    When you replaced BGT did you mean BIOG (Biotech Growth Trust)?
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    ArchBair wrote: »
    When you replaced BGT did you mean BIOG (Biotech Growth Trust)?


    Ooops I did, good catch.
  • Voyager2002
    Voyager2002 Posts: 15,279 Forumite
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    MPN wrote: »
    I am looking to invest a small percentage of my ISA allowance into Healthcare and am looking at WWH (Worldwide Healthcare Trust) and IBT (International Biotechnology Trust).

    I understand that WWH is more of a general healthcare trust whereas IBT is more biotech and hence higher risk. Therefore, would it be reasonable to hold both trusts to cover more of the whole healthcare sector instead of just one? If anybody else holds these or other IT's in this sector your points of view would be appreciated. Thanks.


    WWH has various different compartments: part of it invests in the kind of research companies that you would get with IBT. So I suspect that investing in both would be fairly futile. (I considered this issue at the time I bought WWH and also thought about the 'Healthcare Innovation' ETF.)



    WWH has not performed very well over the (fairly short) period that I have held it...
  • StellaN
    StellaN Posts: 354 Forumite
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    edited 14 July 2018 at 10:08AM
    Voyager2002 wrote: »
    WWH has various different compartments: part of it invests in the kind of research companies that you would get with IBT. So I suspect that investing in both would be fairly futile..

    As I mentioned in my previous post, I am happy to hold both WWH and IBT. Personally, I don't feel there is a great deal of crossover in holdings and certainly IBT is more biotech and higher risk than WWH.

    Regarding performance, if you only recently acquired WWH then, yes, the performance is average, however I have held it long term and it as done very well IMO.
  • MPN
    MPN Posts: 365 Forumite
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    Thank you for all your comments, I have decided to split the amount I am allocating to Healthcare between WWH and IBT. This is mainly because as StellaN mentioned there is some crossover but they are also different enough to warrant holding both.
  • StellaN
    StellaN Posts: 354 Forumite
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    MPN wrote: »
    Thank you for all your comments, I have decided to split the amount I am allocating to Healthcare between WWH and IBT. This is mainly because as StellaN mentioned there is some crossover but they are also different enough to warrant holding both.

    I've just had a quick look on Trustnet and the performance figures of WWH and IBT over the past 10 years compare quite favourably with a global fund such as SMT (Scottish Mortgage IT).

    WWH - 575.00
    IBT - 507.8
    SMT - 476.7
  • Sally57
    Sally57 Posts: 205 Forumite
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    StellaN wrote: »
    I've just had a quick look on Trustnet and the performance figures of WWH and IBT over the past 10 years compare quite favourably with a global fund such as SMT (Scottish Mortgage IT).

    WWH - 575.00
    IBT - 507.8
    SMT - 476.7

    They are impressive performance results, but not many people will hold these IT's in their portfolio's because of the excessive high risk, or if they did it would be a small percentage.
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