SGX 5 Best-Performing Healthcare Plays Avg 11% Total Return in 3Q18-To-Date
Singapore's healthcare sector - typically viewed as defensive and poised to enjoy multi-year growth prospects - has benefited from rotational fund flows recently. This follows increased risk-aversion on the back of higher market volatility, rising US-China trade tensions and an emerging market currency crisis. In 3Q18 to-date, the five best-performing constituents of the SGX All Healthcare Index were: Riverstone (+14.0%), Raffles Medical Group (+11.4%), Aoxin Q & M Dental (+9.8%), Camsing Healthcare (+9.5%), and ISEC Healthcare (+8.0%). These 5 healthcare plays have averaged a total return of +10.5% over the period.