Top 5 Zacks #1 Ranked Healthcare Mutual Funds - Best of Funds
22 6월 2012 - 2:00AM
Zacks
When markets are going through troubled times, investors often
depend on the healthcare sector to protect their valuable
investments. Healthcare and related services continue to remain in
demand during difficult market conditions and are a safe haven in
tough times. Mutual funds are the perfect choice for investors
looking to enter this sector since they posses the analytical
insight needed to keep abreast of the latest advancements in this
sector.
Below we will share with you 5 top rated health mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future. To view
the Zacks Rank and past performance of all health funds, investors
can click here to see the complete list of funds.
ProFunds Pharmaceuticals UltraSector (PHPSX) invests in
equity securities and derivatives which together should provide
daily returns which are 150% of the daily return of the Dow Jones
U.S. Pharmaceuticals Index. The balance of the fund’s assets is
utilized to purchase money market securities. The healthcare mutual
fund returned 5.62% in the last one year period.
The healthcare mutual fund has an expense ratio of 2.73%
compared to a category average of 1.51%.
Vanguard Health Care Index (VHCIX) seeks to match the
performance of the MSCI U.S. Investable Market Health Care 25/50
index and invests primarily in healthcare stocks. This index
consists of stocks of companies of all sizes from this sector. The
healthcare mutual fund returned 1.51% in the last one year
period.
As of March 2012, this health mutual fund held 298 issues, with
10.20% of its total assets invested in Johnson & Johnson.
Schwab Health Care (SWHFX) invests the majority of its
assets in the healthcare sector. It primarily purchases equity
securities but may also invest in future contracts. It focuses on
investing in domestic firms, but may invest up to 25% of its assets
in other countries. The healthcare mutual fund returned -0.94% in
the last one year period.
Paul Alan Davis is the fund manager and has managed this
healthcare mutual fund since 2006.
T. Rowe Price Health Sciences (PRHSX) seeks capital
growth over the long term. The fund invests the majority of its
assets in common stocks of companies whose primary operations are
related to healthcare products medicine or life sciences. The fund
focuses on investing in large and mid-cap firms but may also
purchase stock of smaller companies. The healthcare mutual fund
returned 6.2% over the last one year period.
The healthcare mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 0.82% compared to a category average
of 1.51%.
Fidelity Select Medical Delivery (FSHCX) invests in firms
engaged in the delivery of health care services. Such companies
include those which manage hospitals, nursing homes health
maintenance organizations and other firms focusing on delivery of
healthcare services. The healthcare mutual fund returned -2.06%
over the last one year period.
Andrew Hatem is the fund manager and has managed this healthcare
mutual fund since 2009.
To view the Zacks Rank and past performance of all health mutual
funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(FSHCX): ETF Research Reports
(PHPSX): ETF Research Reports
(PRHSX): ETF Research Reports
(SWHFX): ETF Research Reports
(VHCIX): ETF Research Reports
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Zacks Investment Research