|Expense Ratio (net)||0.32%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (5Y Monthly)||0.76|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||May 23, 1984|
Defensive funds could be apt investments as China takes measures for protection against trade war escalation and investors fear a retaliatory action from the United States.
Historically, biotech has been risky from investors' standpoint because, they bet on the assumption that products in the pipeline would turn out be highly successful.
If you're seeking out the best mutual funds, keep your wits about you. Mutual funds have a mind-numbing selection of ways to claim bragging rights. "Best five-year record." "Best three-year record for value funds." "Best 10-year record for growth funds with at least $1 billion in assets."Morningstar counts 110 mutual fund categories. Even if you spread the awards among the 8,000 or so garden-variety open-ended mutual funds, there would be plenty of opportunities for bragging rights. And, thanks to the longest-running bull market in history, everyone's 10-year record looks great.But it's another thing to outperform the competition over the entirety of a fund's life.Here are the 25 best mutual funds of all time. We looked at the records of all U.S.-listed stock funds - holding U.S. and/or international stocks alike - with at least a 20-year record, and ranked them based on returns since inception. Going for a minimum of two decades eliminates some of the bias from a decade-long bull market, and adds in at least two major bear markets.You'll note there are no index funds, nor any international funds. We didn't exclude them - they just weren't in the top 25 top equity funds. Index funds don't aim to be top performers, and international funds are in a long-term performance drought. We did exclude bond and money market funds, however, because that's not where you go for high performance. SEE ALSO: The 25 Best Low-Fee Mutual Funds to Buy Now
Let's face it: The stock market is infuriating. Valuations are high, global growth is slow, and President Donald Trump's trade war with China has brought elevated volatility to stocks. Meanwhile, bonds, the only sensible alternative, are at near-record high prices and thus offer puny yields.What's an investor to do? One partial remedy is to increase your investment in health care stocks.Health care, which comprises more than 15% of Standard & Poor's 500-stock index, is the only broad market sector that can hold its own in both bull and bear markets. Although, no question, its best performance relative to the overall stock market comes during selloffs. In 2018, for instance, while the S&P; 500 retreated by 4.6% on a total-return basis (price plus dividends), the health care sector gained 5.6%.Which would you rather have: a shiny new BMW or your health? To ask the question is to answer it. If you're really sick, you'll do whatever it takes to recover, no matter the cost. You'll skip the new car, if necessary. Demand for health care is virtually inelastic. What's more, as baby boomers age, they're requiring more medical care. Simultaneously, breakthrough advances in the treatments of diseases - often expensive treatment - continue at a rapid clip.Below are my six best health care funds, in no particular order. SEE ALSO: The 19 Best ETFs for a Prosperous 2019
After stumbling into the bear market territory in the second half of last year, the U.S. biotechnology sector recovered in the first six months of this year.