![]() But unlike some of the top performers of the past 10 years, PRHSX achieved its returns without leverage techniques. Like several of the best funds of the past decade, PRHSX benefits by exposure to biotechnology stocks but it also diversifies across other subsectors of healthcare, such as health services, medical products and devices, and life sciences. Rowe Price Health Sciences (PRHSX)Īnother one of the best funds to find its way to the top by focusing on the healthcare sector is T. With all other things being equal (namely the index tracking and leveraging techniques), the lower expenses of UOPIX would be expected to be a slight performance advantage over RYVLX.ġ0 Best Mutual Funds of the Past 10 Years: T. But RYVLX has a front load of 4.75% and an expense ratio of 1.8%, whereas UOPIX does not charge a load and its expense ratio is lower at 1.48%. Rydex's RYVLX has a $2,500 minimum for the first purchase and ProFunds' UOPIX is much higher at $15,000. The main differences between the two funds are initial minimums and expenses. RYVLX is nearly identical to UOPIX in that it uses the same strategy to seek 200% the results of the daily moves on the Nasdaq-100 Index. Will healthcare stocks continue their dominance over the next decade? And what about the technology sector funds that have a strong presence in list of best funds of the past 10 years? Intuitively, one would guess that these sectors can benefit from the aging baby-boom generation and the ongoing transition to Internet commerce.īut just remember that while the mutual funds focusing on one sector can produce index-beating returns, they can also deliver disappointing declines in value.Īnother fund that uses leveraging techniques to magnify its gains is Rydex Nasdaq-100 2x Strategy ( RYVLX ). ( BMRN ), Celgene Corporation ( CELG ) and Bristol-Myers Squibb Co ( BMY ). Recent top holdings included BioMarin Pharmaceuticals Inc. The past decade's outstanding performance for PHSZX was due to the big returns of biotechnology and pharmaceutical companies, which are plentiful in the fund's portfolio. Our final entry in the best funds of the past 10 years is another healthcare sector fund, Prudential Jennison Health Sciences ( PHSZX ). ![]()
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