Today we are featuring top-performing "Health" equity mutual funds, which primarily invest in equity securities of healthcare and related companies.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Health Equity Funds.
3 Healthy Picks
Manning & Napier Life Sciences seeks to provide long-term growth by investing primarily in the common stocks of companies in life sciences industries. It is non-diversified.
The fund may invest in U.S. and foreign stocks, including American Depository Receipts and other U.S. dollar denominated securities of foreign issuers. As of December 2008, its portfolio turnover was 94%.
Top holdings at the fund include Inverness Medical Innovations Inc. (IMA), Eclipsys Corp. (ECLP) and DexCom Inc. (DXCM).
AMIDEX Cancer Innovation & Healthcare was incepted in November 2001. The investment seeks long-term growth of capital.
The fund employs a passive management approach to invest assets. It may also invest in foreign securities that are traded on a U.S. exchange or in a form of American Depository Receipts.
Gadi Beer has been the lead manager at the fund since its inception. The fund has topped the total returns of its benchmark index in the last 1-, 3-and 5-year periods.
Delaware Healthcare A (DLHAX - Free Report) seeks maximum long-term capital growth capital appreciation. It invests in U.S. and non-U.S. companies across all market capitalizations. The fund may also invest in companies located in emerging markets.
The fund invests in U.S. and non-U.S. companies across all market capitalizations. It may also invest in companies located in emerging markets.
Unit holders have to make a minimum initial investment $1,000 to enter this Zacks#1 Rank ("Strong Buy") fund. The fund distributes dividends annually.
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