American Century Joins Health-Care Parade
But new fund will have a tough time standing out from the crowd.
American Century has become the latest fund family to add a health-care offering to its lineup.
The fund group, best-known for its earnings-momentum investment style, plans to launch American Century Life Sciences in June. Given the nature of the competition, though, the fund--which will invest in health-care companies here and abroad--will find it difficult to differentiate itself.
Bridget B. Hughes does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.