Physical Healthcare: Products & Distribution

Own the physical healthcare supply chain: manufacturers of medicines, medical devices and diagnostic tools, alongside the distributor connecting products to care providers. This differs from a drug-pipeline or telehealth basket by emphasizing the products and logistics required for everyday treatment. With technology shares under pressure, established healthcare businesses offer a different demand exposure, although reimbursement pressure and product execution remain risks. Launch basket (equal weight): MDT, JNJ, TMO, LLY, AMGN, ABT, MCK, SYK Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.