According to Zacks, here are five healthcare mutual funds that could strengthen an investor’s portfolio.
1. Putnam Global Health Care — invests in growth, value stocks or mid and large cap healthcare company stocks.
2. Fidelity Select Medical Delivery Portfolio — invests mostly in companies owning hospitals and nursing homes, or are involved in hospital and nursing home operations.
3. T. Rowe Price Health Sciences — invests assets in common stocks of healthcare sciences companies.
4. Prudential Jennison Health Sciences — purchases equity securities of healthcare sciences companies with its assets and invests in companies around the world.
5. Franklin Biotechnology Discovery — invests primarily in biotechnology and discovery research activities companies.