Healthcare stocks continued to rise in the fourth quarter of 2017, but largely lagged behind the pace set by the broader market. One piece of headline news in the sector during the quarter was repeal of the Affordable Care Act’s individual mandate, a controversial element that required all Americans to have health insurance. We believe this sounds more impactful than it really is, as getting around the mandate was easy, and it should not have a significant effect on the industry. The Congressional Budget Office estimates that, because of the change, the number of uninsured citizens will increase by 13 million; we believe that the actual number is likely to be far lower.._____________________________
Information contained herein was obtained from recognized statistical services and other sources believed to be reliable and we therefore cannot make any representation as to its completeness or accuracy. Any statements not of a factual nature constitute opinions which are subject to change without notice.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Saratoga Advantage Trust mutual funds. This and other important information about the Saratoga Advantage Trust's funds is contained in the prospectus, which can be obtained by clicking here, or by calling (800) 807-FUND, and which should be read carefully before investing. The Saratoga Advantage Trust's funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Saratoga Capital Management, LLC is not affiliated with Northern Lights Distributors, LLC. 1/16 © Saratoga Capital Management, LLC; All Rights Reserved.