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Monday, November 19, 2012

How Will Obamacare Impact Healthcare Funds?

News summary by MFWire's editors

Obama's reelection and this summer's Supreme Court ruling have confirmed that the Affordable Care Act will survive — and the Wall Street Journal reports that this could be good news for healthcare mutual funds.

WSJ reporter Daisy Maxey spoke with a handful of advisors who think that Obama's victory "removed much of the uncertainty that surrounded the sector," leading investors to "plow" their money into health care funds.

Maxey draws attention to a few funds: the Vanguard Health Care Fund, the T. Rowe Price Health Sciences Fund, Invesco Global Health Care Fund, iShares Dow Jones U.S. Healthcare Sector Index, and the Janus Global Life Sciences Fund.

There's plenty more red meat for the healthcare fund obsessive in the full story

Edited by: Chris Cumming

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