Look quick, before the link to TRP's Health Sciences fund disappears from Morningstar's homepage. (PRHSX)

The analyst's report on PRHSX could hardly be more favorable. but it sounds (to me) like a fund to use for only a small part of one's portfolio.  The manager, Kris Jenner, obviously doesn't agree.  Morningstar reports that his entire retirement portfolio is in his fund. 

Lorna 

Aye, lass, I have an adventuresome spirit in my personal and professional life, but I keep my investing strategy fairly dull because of that  very spirit. ;)

However, PRHSX for the long term?  Considering that I'm, er, well...my age is somewhere between Miley Cyrus and death, and I could easily live another 30 to 40 years?  Maybe 5 percent allocation, give or take a few points either way?  Also, an X-ray (groan) would be prudent because many growth/value funds carry health care/pharm stocks nowadays.

Hope your health and wealth are blooming, dear Lorna.

 ;)

Hetty  

Look quick, before the link to TRP's Health Sciences fund disappears from Morningstar's homepage. (PRHSX)

[/quote]

I must of blinked, because I dont see it.

Care to offer a link.

Thanks

Brian

Brian,  I have never been able to figure out the strategy Morningstar uses for their "Featured funds"  It seems that as soon as I spot one the link disappears.

In this case, I should have looked more closely.  The link, which took one to the analyst's research, did have the Premium Member symbol in front of it, which means that many people who visit this forum would not have access. I will,however, put a link to the research at the end of this message. 

Here are a few quotations that might be helpful.

". . .actively managed sector funds need low expenses and strong management to outperform.  This fund is one of the few that have both. . . .Given low expenses and strong management, the fund's standout returns are no surprise. Since the start of 2000, the fund has beaten most of its category peers, and it looks strong next to its passively managed rivals."

"Strategy:  Kris Jenner emphasizes smaller-cap pharmaceutical and biotech stocks, which he thinks have the brightest long-term growth prospects in the health-care sector. Recognizing that such names are often quite volatile, Jenner has also given the fund considerable exposure to big-cap drugmakers and health-care service companies. Even so, with a hefty biotech stake and a market cap far below the category average, the fund is more adventuresome than most diversified health-care offerings."

Here is the link:  TRP Health Sciences Fund 

Hetty,  I"m still buzzing around, doing my best to give my progeny a hard time.  Housekeeping is a disaster for now, because a beautiful Spring means that it is much more fun to work outside than to worry about dust inside. 

Lorna 

As good as Kris Jenner and his team are at stock picking, they can't cope with increasing regulatory activity by the FDA, impending legislation in the Democrat-controlled Congress, and the imploding U.S. health-care system. If you're seeking adventure, I think you'd fare better with PRGSX, PRLAX, and/or TRAMX.