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Top Health Equity Funds

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June 26, 2009 |Comments: 1
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Today we are featuring top-performing "Health" equity mutual funds, which primarily invest in equity securities of companies from the health care sector or related industries.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Health equity Funds.

3 Healthy Choices

Saratoga Health & Biotechnology A (WBRBX) was incepted in July 1999. The investment seeks long-term capital growth. The fund is non-diversified.

The fund utilizes a top-down investment approach focused on long-term economic trends for identifying high quality companies within the healthcare sector and seeks to acquire them at attractive prices.

Mark W. Oelschlager has been lead manager at the fund since November 2005. The fund has topped the total returns of its benchmark index in the last 1-andf 3-year periods.

Fidelity Select Health Care (FSPHX) seeks capital appreciation by primarily investing in equity securities of companies engaged in the design, manufacture, or sale of products or services used for or in connection with health care.

Unit holders need to make a minimum initial investment of $2,500 to enter the fund. Dividends and capital gains are declared in April and December every year.

The fund's top holdings include Wyeth (WYE), Merck & Co. Inc. (MRK) and Allergan Inc. (AGN).

Eaton Vance Worldwide Health Sciences A (ETHSX) seeks long-term capital growth by investing in a worldwide and diversified portfolio of health sciences companies. It currently seeks to meet its objective by investing in Worldwide Health Sciences Portfolio.

The fund normally invests in issuers located in at least three different countries. It may invest in companies with a broad range of market capitalizations, including small firms.

The fund may invest in fixed-income securities of health sciences companies. It has an expense ratio of 1.52%.

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.

Read the full analyst report on WBRBX

Read the full analyst report on FSPHX

Read the full analyst report on ETHSX

Top Mutual Funds from Zacks
 
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