The Daily Screen: The Best Health Care Funds With Steady Managers

And you thought it was tough to find a good tech fund?

This year's sizzling performance in the biotech sector has boosted health care funds to the top of the fund heap -- six of the top 10 performers this year are health funds. Fund investors have wrapped their arms around health funds and fund companies, in turn, have rushed to roll new ones out. Today there are 40 health care/biotech funds out there, but more than half of them are less than three years old, according to Morningstar and MaxFunds.com.

In a Word, Healthy
	Avg. Health Care Fund	S&P 500
YTD Return	49.5%	-9%
1-Year Return	62.9	-5.8
5-Year Return	21.3	18.7
10-Year Return	20.5	17.5
Source: Morningstar. Annualized performance through Dec. 19.

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