MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 8, 2009 A Health-Care Fund Gains a WSJ Nod for Performance Fundsters interested in health care investing should take a look at the Monday Wall Street Journal Fund Track. Citing a Morningstar survey, the Journal praised the strong performance of Manning & Napier Life Sciences compared to competitors this year. The fund has risen from its three-year negative slump, pulling in an 18 percent return for the year to date, according to Morningstar. The Journal attributed Manning & Napier's performance to its investment strategy of small- to mid-sized capitalization in health-care stocks from equipment and supplies to service providers. Manning & Napier has also stayed away from large pharmaceuticals and drug stocks, which have "generally underperformed" this year, wrote the Journal. This has helped clear the fund's balance sheet from the heavy-hitting losses that some of its competitors have faced. Printed from: MFWire.com/story.asp?s=21734 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |