MONEY Health Care

A Growth Fund Manager Makes the Case for Health Care Stocks

A director of the $5 billion Jensen Quality Growth fund makes the argument for investing in health care.

“If you think about the business model, needles, syringes are used once; they’re thrown away and more are bought,” says Robert McIver, managing director at Jensen Investment Management and a portfolio manager of the $5 billion Jensen Quality Growth fund JENSEN QUALITY GROWTH FUND J JENSX -0.22% . McIver says there are three main reasons Jensen likes the health care sector: advances in medical technology, an aging population in many countries, and growth in health care spending by emerging economies. In the U.S., McIver says Jensen was worried about the Affordable Healthcare Act of 2010, but the dust appears to have settled.

Your browser is out of date. Please update your browser at http://update.microsoft.com


YOU BROKE MONEY.COM!

Dear MONEY Reader,

As a regular visitor to MONEY.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The MONEY Team