The $409 million Hartford Global Health Fund (HGHAX) has risen 16.2% this year, including 11.3% over the past three months.
Its top pick is health-insurance provider UnitedHealth, at 6.3% of the fund, followed by McKesson (MCK), at 5.6%, and big drugmaker Pfizer (PFE), at 4.4%.
McKesson, up 18.6% this year, is a distributor of pharmaceuticals, specialty drugs, medical and surgical supplies, and health- and beauty-care products. And it sells software for pharmacy services, medical records, patient care and financial management. The top performer in the fund's 25 largest holdings is Abiomed (ABMD), with a return of 72%. The company is a maker of medical devices that aid the performance of the human heart.BlackRock Healthcare (MAHCX), a $336 million fund, is up 15.5% this year and 7.8% in the past three months. WebMD Health (WBMD) is the largest holding at 6% of the fund. It is down 10% this year. The company runs specialized Web sites that provide health information to consumers and health-care professionals, and it develops and runs private Web sites for health-care providers. Warner Chilcott (WCRX), the second-largest fund holding at 6%, is up 5.7% this year. The company develops specialty pharmaceuticals, including for gastroenterology, dermatology and urology products. Its 2009 acquisition of Procter & Gamble's (PG) pharmaceutical unit boosted its drug-making potential. The top performer in the top 25 holdings is health-insurance giant Aetna (AET), up 45.6% this year.
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