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4 Healthcare Investments to Make Before October

New healthcare laws could mean big profits in 2014

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Fidelity Select Health Care

Fidelity mutual funds 401(k)For investors who want to play the official Obamacare kickoff with a mutual fund, Fidelity Select Health Care (FSPHX) is a pretty good choice because it serves up a healthy group of high-growth biotech stocks including Gilead Sciences (GILD) and Amgen (AMGN), plus healthcare IT firms like McKesson (MCK) and Big Pharma players like Merck (MRK).

Fidelity Select Health Care — which has been run by noted fund manager Eddie Yoon since 2008 —  is a popular mutual fund, with $3.7 billion in assets under management, and has returned roughly 16% annually for the past five years.

FSPHX has an annual expense ratio of 0.79%, or about $79 per $10,000 invested — that’s lower than the sector average 1.46%.

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