The Best Mutual Funds of 2013

Japanese stocks, healthcare led these funds to the top

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The Best Mutual Funds of 2013

Best Mutual Funds of 2013 #4: Fidelity Select Health Care (FSPHX)

Fidelity The Best Mutual Funds of 2013YTD Return: 56%

Fidelity Select Health Care (FSPHX) is benefiting from a meaningful commitment to biotech stocks as part of a portfolio focused on the healthcare industry.

The importance of the healthcare industry to our economy is substantial, and is set to grow over time, making this fund a solid long-term bet.

Eddie Yoon leads a team that conducts bottom-up research to uncover firms that represent compelling investments in health care or medicine. This $4.7 billion fund is up a scorching 56% YTD and has worked well over time, up an annualized 12.4% over the past decade.

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

Expenses run at 0.79% annually.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/best-mutual-funds-2013/.

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