One type of investment that psychiatrists might find especially intriguing are health care mutual funds-specialized portfolios that invest in medical companies ranging from pharmaceutical manufacturers to biotechnology firms to health maintenance organizations. Although these industry-specific funds should not be held in isolation, they can provide solid long-term growth potential to a well-diversified portfolio. Here's key information on five top funds:
- Fund Name
- Sales Charge/Load
- Average Annual Return*
$2,500 Putnam Health Sciences
Notes: Performance results are average annualized figures for the five years through Jan. 31, 1997, as provided by Morningstar Inc. of Chicago. The T. Rowe Price fund debuted in December 1995.