Best of the Healthcare Mutual Funds

Article Excerpt

Sector or ‘theme’ funds entail special risks, but they are much safer than investing in one or two issues in risky fields, such as health care and biotechnology. Should you choose to invest in sector funds, limit your investment to modest quantities. Above all, invest only in funds with proven management and high-quality holdings. Here are updates on two we like: TALVEST GLOBAL HEALTH CARE FUND $18.91 (CWA Rating: Speculative) (CIBC Asset Management, 1500 University Street, Suite 800, Montreal, PQ. H3A 3S6. 1-800-268-8258; Web site: Available from brokers) invests in global companies in a variety of segments of the health-care industry. Top holdings include Schering-Plough Corp., McKesson Corp., Cardinal Health, Sanofi-Synthelbo, Takeda Chemical Industries, Eisai Co. Ltd., Forest Laboratories, Medtronic, Shionogi & Co. and Eli Lilly. Talvest Global Health Care made 7.6% over the last year. The $1.1 billion fund’s MER is 3.14%. Talvest Global Health Care Fund is still a buy. TD HEALTH SCIENCES FUND $17.15 (CWA Rating: Speculative) (TD Asset Management,…

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