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Fidelity Select Health Care

Fidelity mutual funds 401(k)For a bit more daring mutual fund option, Fidelity Select Health Care (FSPHX) might be the right choice.

Manager Edward Yoon has been on this fund since 2008 and has a good portion of the portfolio in the biotechnology sector. This is a move that has paid off handsomely, with the fund up a robust 39.4% YTD, and 11.3% annual returns on average during the past 10 years.

Current top holdings include Gilead Sciences (GILD), Amgen (AMGN), Actavis (ACT), McKesson (MCK) and Boston Scientific (BSX).

Asset size for FSPHX is a more manageable $3.7 billion, with an expense ratio of 0.78%. However, turnover is fairly high at 95%.

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