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Invesco Pharmaceuticals ETF
PJP (Invesco Pharmaceuticals ETF) is an index Healthcare Equity ETF by Invesco. With a 0.57% MER, it provides diversified exposure through 505 holdings. Quarterly distribution with a 0.94% yield.
PJP by Invesco is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.57% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.