Supermarket Income Reit
Society is still a long way off being back to normal and progress could easily be reversed if there is another wave of the virus.
Oli Creasey, of investment manager Quilter, said investing in the Supermarket Income Reit is a good way to add exposure to a growing sector we have never been more dependent on: supermarkets. The £525m investment trust leases buildings to supermarkets across the country, including Sainsbury’s, Morrisons and Tesco and has a 5pc dividend yield.
“Supermarkets have proven very robust in the current crisis and are unaffected by the concerns impacting other areas of in-store retail. Supermarket Income Reit presents an opportunity to receive a dividend backed by rent from supermarkets, which is still being paid in full during the crisis,” said Mr Creasey.
A gentle lift of the lockdown is a result of a decline in deaths and cases related to coronavirus. Hospitals will have more capacity to carry out standard care to and work through a considerable backlog of patients.
Stephen Yiu, manager of the £330m Blue Whale Growth fund, said American medical technology company Boston Scientific will see demand for its medical instruments soar. It provides tools for elective procedures, like cancer-related endoscopy and heart operations. These operations came to an abrupt stop when Covid-19 struck, but still have to be carried out.
“As soon as hospitals can free up capacity from Covid-19, we expect elective procedures to get back to normal as quickly as anything, even quicker than your next luxury handbag, or your next holiday,” he said.
Boston Scientific has makes 60pc of its sales to American hospitals, which are seeing lockdown measures eased at a faster rate than in Britain.