The Forager International Shares Fund is currently looking at some of the bigger global listed hearing-aid companies, like Sonova, William Demant and the owner of GN Resound. It’s an industry with interesting characteristics and some dominant players, but it’s not an area we know well from the point of view of the customer. If you or someone close uses a hearing aid, we’d love to hear all about it.
Is your aid in the ear, behind the ear, bone-anchored or other? Was the type of solution something that you needed to consider, or was there one obvious best technical solution according to your doctor?
And when it came to brand and model, why did you choose Oticon over Phonak, or ReSound over Bernafon? Did you consider a wide variety of options from multiple brands, focus on the product range of a single company, or did you just pick the individual unit your doctor/specialist recommended? Did the doctor or specialist favour one brand to the exclusion of others? Did they explain why?
Are you happy with the performance? How does it differ from anything you’ve used in the past? Are you noticing the technology improve with each generation and upgrade (longer term users)? Anything you hate about it?
If you're not shy about such matters, we'd also be interested to know what age were you when you got your first hearing aid.
Feel free to answer any or all of those questions, or add anything you think might be useful to us as potential investors and of course to people about to make a similar, important decision.
Thank you in advance for contributing to our understanding of the industry.
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Forager Funds is a boutique fund manager specialising in a value investing approach. We offer an ASX listed Australian Shares Fund as well as an International Shares Fund both aimed at delivering returns for long term investors.