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HEALTHCARE The Healthcare sector boasts important growth drivers WHY HEALTHCARE STOCKS CAN BE A PORTFOLIO ANCHOR The healthcare sector offers the potential to deliver growth through economic cycles, making it an attractive proposition for long-term investment. Long-term factors impacting healthcare spending Harvest Healthcare Leaders Income ETF Global Healthcare spending projected to be U$10+ trillion by 2022* The sector stands to benefit from demographic tailwinds as populations age and life expectancy increases, as well as from other key themes shaping the healthcare industry: - expanding affluent middle class in populated emerging markets - pace of technological advances and scientific progress - broadening and diversified universe of healthcare related companies * Deloitte, 2019 Global Health Care Outlook January 2020

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Page 1: H E A L T H C A R E - Harvest Portfolios · n e w t h e r a p i e s . . . " D . B r e n c h l e y , M o r n i n g s t a r N o r t h A m e r i c a & E u r o p e A s i a R e s t o f

HEALTHCAREThe Healthcare sector boasts important growth drivers

WHY HEALTHCARE

STOCKS CAN BE A

PORTFOLIO ANCHORREAL ESTATE, AN ASSET CLASS ON ITS OWN

The healthcare sector offers the potential to  deliver growth througheconomic cycles, making it an attractive proposition for long-terminvestment. 

Harvest Exchange Traded Funds

Long-term factors impacting healthcare spending

Harvest Healthcare Leaders Income ETF

Global Healthcare spending projectedto be U$10+ trillion by 2022*

The sector stands to benefit from demographic tailwinds as populationsage and life expectancy increases, as well as from other key themesshaping the healthcare industry:   - expanding affluent middle class in populated emerging markets  - pace of technological advances and scientific progress   - broadening and diversified universe of healthcare related companies

* Deloitte, 2019 Global Health Care Outlook

January 2020

Page 2: H E A L T H C A R E - Harvest Portfolios · n e w t h e r a p i e s . . . " D . B r e n c h l e y , M o r n i n g s t a r N o r t h A m e r i c a & E u r o p e A s i a R e s t o f

REAL ESTATE, AN ASSET CLASS ON ITS OWN

Harvest Exchange Traded Funds

As global populations age, demand for healthcare will continue to grow because the older you get, the more likelyit is that you will need healthcare related products and services. You are also more likely to take longer torecover.  People are also living longer and spending more on healthcare as they age. Improvements in healthcare anddisease control means our life expectancy has increased extending the need for healthcare over a life span.

Investment Opportunities and Healthcare innovation

Global Population is Aging

Emerging Markets current spend onHealthcare vs Developed Markets

Source: OECD Heath Statistic Database 2015.

Source: United Nations, June 2017.

Another major driver of demand will come from the emerging markets.  As people enter the middle class, one ofthe first purchases is healthcare.  This is significant because of the population size, current low penetration ratesand rapid rate of economic growth.

Spending growth potential as Emerging Markets become increasingly affluent

"An aging population that is becoming increasingly wealthy will help accelerate the growth in thehealthcare sector, as will government initiatives such as affordable care and a quicker review process fornew therapies... "  D. Brenchley, Morningstar

North America & Europe Asia Rest of the World

Source: OECD Healthcare at a Glance 2017. Brookings.

Global Middle Class "Consumers" Growing

Source: CMMS, March 2019.

US Per Capita Total PersonalHealthcare Expenditures

Page 3: H E A L T H C A R E - Harvest Portfolios · n e w t h e r a p i e s . . . " D . B r e n c h l e y , M o r n i n g s t a r N o r t h A m e r i c a & E u r o p e A s i a R e s t o f

Harvest Healthcare Leaders Income ETF

The Harvest Healthcare Leaders Income ETF stands out for the following reasons:

The Harvest  Healthcare Leaders Income ETF (TSX:HHL, HHL.U)  offers quality holdings in thehealthcare sector.    

About Harvest At Harvest, our guiding principles are premised on building wealth for our clients throughownership of strong businesses that have the potential to grow & generate steady income over thelong term. Founded in 2009, Harvest offers a diversified portfolio of investment products designedto satisfy the long term growth and income needs of investors.

Permanent & non-cyclical demographics tailwinds – people are getting older & living longer. As people age health care spending increases.  Expanding middle class in developing markets – spending more on health care as wealth increases.Health care innovation is driving growth – scientific & technological advances across the sectors.Attractive monthly income with the opportunity for capital appreciation.Covered call strategy to enhance portfolio income and lower portfolio volatility.

Healthcare has diverse sub-sectors – that allhave unique fundamental drivers

Page 4: H E A L T H C A R E - Harvest Portfolios · n e w t h e r a p i e s . . . " D . B r e n c h l e y , M o r n i n g s t a r N o r t h A m e r i c a & E u r o p e A s i a R e s t o f

@harvestetfs

Income happens here.  

Learn more:

harvestportfolios.com

[email protected]

Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds(managed by Harvest Portfolios Group Inc.) Please read the relevant prospectus before investing. The funds are not guaranteed,their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should bemade with guidance from a qualified professional.   Certain statements included in this communication constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similarexpressions to the extent they relate to the Investment Fund. The forward-looking statements are not historical facts but reflectthe Fund’s, Harvest and the Manager of the Fund’s current expectations regarding future results or events. These forwardlooking statements are subject to a number of risks and uncertainties that could cause actual results or events to differmaterially from current expectations. Although the Fund, Harvest and the Manager of the Fund believes that the assumptionsinherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of futureperformance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherentuncertainty therein. The Fund, Harvest and the Manager of the Fund undertakes no obligation to update publicly or otherwiserevise any forward-looking statement or information whether as a result of new information, future events or other such factorswhich affect this information, except as required by law. Harvest Exchange Traded Funds are managed by Harvest Portfolios Group Inc.  Please see www.harvestportfolios.com foradditional information. The ETF is listed for trading on the TSX under ticker symbol HHL, HHL.U.