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Mutual Fund Insights: Munder Healthcare K Fund (MFHKX)

In-depth Analysis of Munder Healthcare K Fund (MFHKX)

Mutual fund chart: Munder Healthcare K Fund (MFHKX)

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See Munder Healthcare K Fund (MFHKX) performance details as of January 31, 2010

Last Trade: $25.08 on 3/19/2010, Change: +0.06 (0.24%)

Fund Manager - Michael P. Gura

Fund Manager Tenure: 1.4 years [Similar Funds: MFHAX MFHBX MFHCX MFHYX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*) (What does this score mean?)

Gura is senior portfolio manager in the teams managing Munder's Large-Cap Core Growth, Large-Cap Growth and Multi-Cap Growth investment disciplines, including the Munder Large-Cap Core Growth Fund and the Munder Balanced Fund. Previously, he was a senior equity analyst with Woodridge Capital. Prior to that, he served as a financial and tax planning analyst, and also as an investment officer with Manufactures Natl Bank. Gura holds the Chartered Financial Analyst designation and Ceritified Financial Planner. Get more insights on Michael P. Gura

What we like about Munder Healthcare K Fund (MFHKX)

Data for Munder Healthcare K Fund (MFHKX) as of January 31, 2010

Munder Healthcare K Fund (MFHKX) has an annual stock turnover rate of 36.00% vs Health average of 152.72%. It is good that Munder Healthcare K management does not trade extensively for its return.
Munder Healthcare K Fund (MFHKX) is less volatile than its peers as it has a 3-year Standard Deviation of 16.69, lower than category average of 18.84
Munder Healthcare K Fund (MFHKX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

What we are cautious about Munder Healthcare K Fund (MFHKX)

Data for Munder Healthcare K Fund (MFHKX) as of January 31, 2010

Munder Healthcare K Fund (MFHKX) management has been with Munder Healthcare K Fund for only 1.4 years, it is hard to judge manager's ability based on this fund's operation record
Munder Healthcare K Fund is a focused fund with 51.39% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
Munder Healthcare K Fund (MFHKX) has a less-than-ideal short-term performance (1-year return 16.35% vs 24.07% Health category average)
Munder Healthcare K Fund (MFHKX) has a less-than-ideal mid-term performance (3-year return -2.66% vs -0.24% Health category average)
Munder Healthcare K Fund (MFHKX) has a less-than-ideal Long-term performance (5-year return 1.08% vs 4.22% Health category average)
Munder Healthcare K Fund (MFHKX) ratio of up-years vs down years can be improved
Munder Healthcare K Fund (MFHKX) has a Morningstar rating of 3 and below
Munder Healthcare K Fund (MFHKX) does not have a good risk adjusted return as its 3-year Alpha of 1.67 is worse than category average of 5.11, and its 3-year Sharpe ratio is -0.2
Munder Healthcare K Fund (MFHKX) has a higher management fee of 2.28% than its Health average of 1.91%

See Munder Healthcare K Fund (MFHKX) performance details as of January 31, 2010

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Munder Healthcare K Fund (MFHKX) Net Asset

Track net asset change of Munder Healthcare K fund (MFHKX)

Date	Net Asset
01/2010	$60.00K
11/2009	$60.00K
10/2009	$50.00K

More historic net asset information on Munder Healthcare K Fund (MFHKX)

Munder Healthcare K Fund (MFHKX) Portfolio Allocation

Track portfolio allocation change of Munder Healthcare K fund (MFHKX)

Date	Cash	Stock	Bond	Other
11/2009	1.03%	98.97%	0%	0%
09/2009	0.86%	99.14%	0%	0%
08/2009	0.41%	99.59%	0%	0%

Click here to see more historic asset allocation information on Munder Healthcare K Fund (MFHKX)

Most Recent Top 10 Holdings in Munder Healthcare K Fund (MFHKX)

Discover what Munder Healthcare K Fund (MFHKX) manager is buying

30-Nov-09

ABBOTT LABORATORIES [6.98%]
MERCK CO INC [6.83%]
PFIZER INC [5.99%]
JOHNSON AND JOHNS DC [5.22%]
Amgen Inc. [4.99%]
Gilead Sciences, Inc. [4.61%]
LILLY ELI CO [4.52%]
BRISTOL-MYERS SQUIBB [4.47%]
MEDTRONIC INC [4.11%]
MEDCOHEALTH SOLUTNS [3.67%]

30-Sep-09

ABBOTT LABORATORIES [6.66%]
JOHNSON AND JOHNS DC [6.02%]
PFIZER INC [5.64%]
MERCK CO INC [5.44%]
Amgen Inc. [4.93%]
BRISTOL-MYERS SQUIBB [4.89%]
WYETH [4.87%]
Gilead Sciences, Inc. [4.69%]
BAXTER INTL INC [4.47%]
Schering-Plough Corporation [3.83%]

31-Aug-09

ABBOTT LABORATORIES [5.95%]
JOHNSON AND JOHNS DC [5.84%]
PFIZER INC [5.57%]
MERCK CO INC [5.45%]
WYETH [4.92%]
Amgen Inc. [4.78%]
BRISTOL-MYERS SQUIBB [4.7%]
Gilead Sciences, Inc. [4.65%]
BAXTER INTL INC [4.36%]
SCHERING PLOUGH CP [3.95%]

Click here for Stock Holding Change Map in Munder Healthcare K Fund (MFHKX)

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Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.