Top Health Equity Funds
Today we are featuring top-performing “Health' equity mutual funds, which primarily invest in equity securities of health care and related companies.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Health Equity Funds.
3 Robust Samples
John Hancock Health Sciences A (JHGRX) was incepted in October 1991. The investment seeks long-term growth of capital by normally investing in stocks of US and foreign health sciences companies.
The fund is non-diversified. In abnormal circumstances, it may temporarily invest more than 20% of its assets in investment-grade short-term securities.
The fund’s top holdings include Medco Health Solutions Inc. (MHS), Aetna Inc. (AET) and Abbott Laboratories (ABT).
Manning & Napier Life Sciences (EXLSX) seeks long-term growth. The fund invests in securities of companies involved in the life sciences industry.
It may invest in U.S. and foreign stocks, including American Depository Receipts (ADRs) and other U.S. dollar denominated securities of foreign issuers. As of March 2009, it portfolio turnover was 94%.
Unit holders have to make a minimum initial investment of $2,000 to enter this Zacks#1 Rank (“Strong Buy�) fund. It distributes dividends and capital gains, if any, annually.
Delaware Healthcare A (DLHAX) seeks maximum long-term capital growth capital appreciation. It has an expense ratio of 1.35%.
The fund invests in US and non-U.S. companies across all market capitalizations. It may also invest in companies located in emerging markets.
Liu-Er Chen has been lead manager at the fund since its inception in September 2007. The fund has topped the total returns of its benchmark index in the last 1 year.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
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.
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'JHGRX' Free Stock Analysis: Buy? Sell? Hold?
'EXLSX' Free Stock Analysis: Buy? Sell? Hold?
'DLHAX' Free Stock Analysis: Buy? Sell? Hold?
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