Health Care Sector Funds
Been admiring Vanguard's Health Care Fund Investor Shares (VGHCX), but it's been closed to new investors since 5/05.* 19.51% net annual returns since inception (5/84), 16.74% last ten years, 18.83% over the last year.
We just installed a new 401(k) plan with MetLife, and one fund option is Blackrock Funds Health Sciences Portfolio (all funds in the plan are NAV ... no BS fees buried).* 19.49% net annual returns since inception (12/99), 12.24% last five years (ten NA), 16.83% over the last year.* Compares very favorably to VGHCX in comparison charts.
Anyone familiar with Blackrock, or this fund in particular? Anyone in the Vanguard fund?* While I recognize the potential challenge with nationalized health care, this sector has been a winner for a long time, and demographics and the progress of technology would still seem to make it fertile ground.