FYI: (For those who think a health-care sector fund is to risky, and don't want to hunt with the big dogs) !
Healthcare funds were down 13.4% for the year through Oct. 31, following a big rally in prior years. Morningstar's stock analysts see opportunities here: They expect pricing power for drug and biotech companies to remain strong, research and development to remain productive, and mergers and acquisitions to continue at a steady pace.
Regards,
Ted
http://news.morningstar.com/articlenet/article.aspx?id=781320
Comments
Which is funny b/c the same day a few inches below that article was a questionably-written M* piece saying that specialised / sector / niche funds (ie health care) were not really a good idea for investors. (They are, if you know what you're doing, obviously.)