Investor Place | May 28, 2020
In an interview with Simeon Hyman, Investor Place’s John Kilhefner says despite recent stock market turbulence, “trends in the pet world stand firm” as spending on pet care is expected to “surpass $200 billion per year by 2025.” Hyman attributes the growth to a number of factors, including the rise of pet ownership and an increase in premium spending, while noting that mergers and acquisitions activity may indicate corporate and investor interest in pet care. PAWZ follows the FactSet Pet Care index, which invests in a range of companies that stand to potentially benefit from the proliferation of pet ownership and the emerging trends affecting how we care for our pets. High short-term performance is unusual and investors should not expect such performance to be repeated. See PAWZ performance and fund holdings.
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