Schwab Health Care Fund (SWHFX - Free Report) a Zacks Rank #2 (Buy) was incepted in July 2000 and is managed by Charles Schwab Investment Management, Inc. SWHFX seeks long-term capital growth primarily investing at least 80% of its assets in securities issued by companies in the health care sector. SWHFX may invest in common stocks and other equity securities of foreign companies.
This Sector - Health product, as of the last filing, allocates their fund in four major groups; Large Growth, Small Growth, Foreign Bond and Precious Metal. Further, as of the last filing, Johnson & Johnson, Pfizer Inc and Gilead Sciences Inc were the top holdings for SWHFX.
The Schwab Health Care fund, managed by Schwab Funds, carries an expense ratio of 0.79%. Moreover, SWHFX requires a minimal initial investment of $100.
SWHFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 13.1% and 5 year 18.8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
SWHFX’s performance, as of the last filing, when compared to funds in its category was in the top 21% over the past 1 year and in the top 40% over the past 3 years.
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