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American Century Joins Health-Care Parade

But new fund will have a tough time standing out from the crowd.

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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.

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Bridget B. Hughes does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.