Bellevue Asset Management has launched a digital health fund, the company has announced.
Citywire AAA-rated portfolio managers Stefan Blum and Marcel Fritsch will be managing the strategy, called the BB Adamant Digital Health (Lux) fund. The fund will offer investors access to technology stocks benefiting from the basic principles of the healthcare sector, including themes such as the ageing population.
Fritsch said: ‘In our fundamental bottom-up process, we will select 30 to 50 of the most attractive stocks out of a universe of 220 to 250 companies.
‘The key criteria for inclusion in the fund are sales growth and gross profit margins, a solid balance sheet and the quality of company management.’
The company has already been investing in the sector since April 2016 via its BB HealthTech open-end certificate, also managed by Blum and Fritsch. The portfolio managers have said they will use the same investment strategy.
Bellevue AM is part of Bellevue Group, an investment boutique focusing on healthcare, regional strategies, multi-asset solutions and global equity bonds and funds.