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Fidelity MSCI Health Care Index ETF
FHLC (Fidelity MSCI Health Care Index ETF) is an index Healthcare Equity ETF by Fidelity. With a 0.08% MER, it provides diversified exposure through 312 holdings. Quarterly distribution with a 1.44% yield.
FHLC by Fidelity is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.08% MER makes it one of the most cost-effective options in its category.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.