WSJ | September 07, 2019
In an interview with the Wall Street Journal’s Tim Mullaney, Simeon Hyman says the investment idea behind PAWZ—that people are “humanizing” their pets by spending more on premium quality food, grooming, and health care— “was one where you could look out the window and see the trend.” Mullaney says the $130 billion pet care industry is “growing faster than the general economy,” and the fund is up about 18% YTD. PAWZ invests in companies that stand to potentially benefit from the proliferation of pet ownership and emerging trends in the industry, including health care and retail. See PAWZ performance and holdings.
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