Opportunistic
Seeks to capitalize on the demographics, globalization, and innovation opportunities in the global-health care market
Best Ideas
Uses in-depth research to create a portfolio with the best ideas from portfolio managers and analysts
Sub-advised by Wellington
Wellington prioritizes independent thought and collaboration across all major asset classes
Objective: Seeks long-term capital appreciation.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 05/01/2000
Share Class Inception: 2/28/17.
Class F-shares performance prior to 2/28/17 reflects Class I-shares performance and operating expenses, and, prior to 8/31/06 the performance and operating expenses of Class A-shares (excluding sales charges). Performance for Class F-shares prior to its inception date would have differed if Class F- operating expenses had been reflected. Since Inception (SI) performance is calculated from 5/1/00.
Characteristics
# of Holdings | 98 |
---|---|
% in Equities | 100 |
% in Foreign Equities | 12 |
Beta (3 year) | 0.99 |
R Squared (3 year) | 0.93 |
Standard Deviation | 14.47% |
Turnover | 43% |
Active Share | 45% |
FUND | S&P Composite 1500 Health Care Index | |
---|---|---|
Price/Earnings | 29.0x | 17.9x |
Price/Book | 5.6x | 5.2x |
EPS Growth Rate | 11.7% | 11.3% |
Asset Weighted Market Cap (billions) | $241.4 | $266.8 |
Return on Equity | 20.7% | 32.9% |
Median Market Cap (billions) | $8.4 | $7.0 |
Eli Lilly & Co. | 13.83 |
UnitedHealth Group, Inc. | 8.71 |
Boston Scientific Corp. | 4.67 |
Intuitive Surgical, Inc. | 4.35 |
Merck & Co., Inc. | 4.07 |
Vertex Pharmaceuticals, Inc. | 2.97 |
Thermo Fisher Scientific, Inc. | 2.82 |
AbbVie, Inc. | 2.32 |
Johnson & Johnson | 2.20 |
Cencora, Inc. | 2.18 |
Total Portfolio % | 48.12 |
Less than $2 billion | 3 | |
$2 billion - $5 billion | 8 | |
$5 billion - $10 billion | 8 | |
Greater than $10 billion | 80 | |
Not Classified | 0 |
Alpha (5 Year)
|
-3.99 |
Down Capture (5 Year)
|
106.83 |
Information Ratio (5 Year)
|
-0.88 |
Sharpe Ratio (5 Year)
|
0.33 |
Up Capture (5 Year)
|
89.63 |
Insights
Fund Literature