Nobody wants to spend their final years in a nursing home, which is why I founded Family inHome Caregiving, which focuses on helping seniors remain in their own home safely and healthy. The Wall Street Journal recently ran an interesting story about seniors wanting to invest in stocks which are focused on this growing market of providing goods and services to those aging in place. Here are a few of your options:
Hartford Funds launched the Hartford Longevity Economy ETF (HLGE). The ETF tracks the Hartford Longevity Economy Index, an index of companies that support aging in place, home modification, working longer, performance health, social connections, financial freedom, mobility, human enhancement and entertainment. The fund has an expense ratio of 0.44%.
Global X Aging Population ETF (AGNG) invests in the services side of aging with positions in healthcare companies, pharmaceuticals, senior-living facilities and age-tech companies. The fund has an expense ratio of 0.5%.
BlackRock’s iShares Aging Population UCITS ETF (AGED) offers a global play on the longevity theme. The fund invests in developed and emerging markets companies focused on aging. The fund’s expense ratio is 0.40%.