Health
Sciences

Focused on investing in scientific and technological advances in health care

KEY CHARACTERISTICS & MATERIALS



OVERVIEW

  • Growth investment style that employs bottom-up, analyst-driven stock selection based on proprietary fundamental research and investment insights
  • Focus on durability/sustainability of growth rather than absolute growth rates
  • We believe new growth opportunities and significant alpha generation can result from correct analysis of new product opportunities

 




    CHARACTERISTICS

Composite Inception: 6/30/99
Strategy AUM: $1.9 Billion as of 3/31/20
Benchmark: S&P Composite 1500 Health Care Index
No. of Holdings: Typically 70 – 90
Top Ten Positions: 30 - 50% of portfolio
Cash: <5%
Available Vehicles:









PORTFOLIO MANAGEMENT



David Chan, CFA

David Chan, CFA

Managing Director

David Chan, CFA

Managing Director

VIEW BIO
Debra Netschert

Debra Netschert

Managing Director

Debra Netschert

Managing Director

VIEW BIO

Our Health Sciences strategy is managed by two portfolio managers who also serve as two of the strategy’s dedicated analysts. The team is supported by Jennison’s broader research staff, three of whom are active contributors to the Health Sciences strategy.

Meet The Team




PERFORMANCE DATA


As of March 31, 2020Qtr1 Year3 Year5 Year10 YearSince Inception
Health Sciences Equity Composite - Gross-13.2-9.35.01.415.017.0
Health Sciences Equity Composite - Net*-13.4-10.23.90.414.216.4
S&P Composite 1500 Health Care Index-12.9-1.58.26.213.17.7


*For periods prior to 11/1/13, net of fee performance is presented net of Jennison’s actual advisory fees and transaction costs. For periods beginning 11/1/13, net of fee performance reflects the deduction of a model fee. It is net of transaction costs and is calculated based on the highest tier of the fee schedule in effect for the respective period (1.00%), which may not reflect the actual historical fees applied to accounts in the Composite.
Source: Jennison/Standard & Poor’s or FT Interactive Data Corporation. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Health Sciences Equity Composite: 6/30/99. Periods greater than 1 year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.

 



This website is intended for Institutional and Professional Investors only. All investments involve risk, including the possible loss of capital.

Important Disclosures

Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.

Please click on this disclosure link for important information, including information on non-US jurisdictions.

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Your investment objectives, risk tolerance, and liquidity needs must be reviewed before suitable programs can be recommended. Asset allocation and diversification strategies do not assure a profit or protect against loss in declining markets. Investors should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation.

Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that the investment managers’ objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors.

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