About FDA

Listing of Prohibited Investment Funds

PROHIBITED INVESTMENT FUNDS

FDA employees are prohibited from holding interests in certain investment funds that have a stated policy or practice of investing in companies that are SROs. The most commonly encountered examples of such funds are mutual funds or ETFs that invest in a range of sectors, including but not limited to:

  • Medical device sector funds
  • Consumer staples funds
  • Biotechnology funds

This restriction also applies to prohibited funds held by the employee’s spouse or minor children.

How do I search the list of Prohibited Investment Funds?

Enter search criteria in the search field to search the MUTUAL FUND NAME or TICKER.

Mutual Fund NameTicker(s)
Alger Health Sciences FundAHSAX; AHSCX; AHSBX; AHSZX
AllianzGI Health Sciences FundDGHCX; RAGHX; RCGHX; RBGHX; HLHIX
ALPS Medical Breakthroughs ETFSBIO
Assumption/FDI Global HealthcareALM154; ALM233; AML341
AXA Framlington Health 
Blackrock Health Sciences TrustBME
BlackRock Health Sciences Opportunities PortfolioSHSAX; BHSRX; SHSSX; SHSCX; SHISX; SHSPX;
Bosera Medical & Health Care Sector Investment Fund 
CI Global Health SciencesCIG1701; CIG2924; CIG4924; CIG18005
Consumer Staples Select Sect. SPDR (ETF)XLP
Delaware Healthcare FundDLHAX; LHIX; DLHCX; DLRHX
Deutsche Health and Wellness FundSCHLX; SUHAX; SUHIX; SUHCX; SUHBX, SHCAX
Eaton Vance Worldwide Health Sciences FundETHSX; ERHSX; ECHSX; EIHSX; EMHSX
Eventide Healthcare & Life Sciences FundETNHX; ETAHX; ETCHX; ETIHX
Fidelity Advisor Biotechnology FundFBTAX; FBTCX; FBTIX; FBTTX; FBTBX
Fidelity Advisor Consumer Staples FundFDAGX; FDIGX; FDCGX; FDTGX; FDBGX
Fidelity Advisor Health Care FundFACDX; FHCIX; FHCCX; FACTX; FAHTX;
Fidelity Global Health CareFID299; FID099; FID244; FID044
Fidelity MSCI Health Care Index ETFFHLC
Fidelity Select Biotechnology PortfolioFBIOX
Fidelity Select Consumer Staples PortfolioFDFAX
Fidelity Select Health Care PortfolioFSPHX
Fidelity Select Medical Equipment and Systems PortfolioFSMEX
Fidelity Select Pharmaceuticals PortfolioFPHAX
First Trust Health Care AlphaDEX FundFXH
First Trust NYSE Arca Biotchnlgy Indx FdFBT
Franklin Biotechnology Discovery FundFBDIX; FTDZX; FRBRX
Global Healthcare Dividend FundGHC.UN
Guggenheim S&P 500 Equal Weight Healthcare ETFRYH
Hartford Healthcare HLS FundHIAHX; HBGHX
Health Care SPDR (ETF)XLV
Healthcare Leaders Income FundHHL.UN
Healthcare Special Opportunities FundMDS.UN
ICON Consumer Staples FundICRAX; ICLEX; ICLCX
ICON Healthcare FundICHCX; ICHAX; ICHEX
Invesco Global Health Care FundGGHCX; GTHIX; GTHCX; GGHYX; GTHBX
Investors Global Health CareIGI263; IGI1122; IGI1402; IGI1123
iShares Dow Jones US Consumer Goods (ETF)IYK
iShares Dow Jones US Health Care(ETF)IHF
iShares Dow Johnes US Pharm Indx (ETF)IHE
iShares S&P Global Consumer Staple(ETF)KXI
iShares S&P Global Healthcare Sect.(ETF)IXJ
iShares NASDAQ Biotechnology Index (ETF)IBB
iShares US Healthcare (ETF)IYH
iShares US Medical Devices (ETF)IHI
Janus Global Life Sciences FundJFNAX; JAGLX; JNGLX; JFNIX; JFNCX; JFNSC
John Hancock Variable Insurance Trust Health Sciences TrustJEHSX
Kinetics Medical FundMEDRX; KRXAX; KRXCX
Legal & General Global Health and Pharmaceuticals Index 
Live Oak Health Sciences FundLOGSX
Mac Universal Health ScienceMFC1040
Market Vectors Biotech ETFBBH
Market Vectors Pharmaceutical ETFPPH
Manning & Napier Life Sciences FundEXLXS
Miller Tabak Healthcare TransformationMTHFX
National Bank Health Sciences FundNBC199
PowerShares Dynamic Biotech &Genome(ETF)PBE
Powershares Dynamic Food & Beverage Portfolio (ETF)PBJ
PowerShares Dynamic Heathcare Sec (ETF)PTH
PowerShares Dynamic Pharmaceuticals(ETF)PJP
PowerShares S&P SmallCap Hlth Cr PtfloPSCH
ProFunds Biotechnology UltraSector FundBIPIX; BIPSX
ProFunds Consumer Goods Ultra Sector FundCNPIX; CNPSX
ProFunds Pharmaceuticals UltraSector FundPHPIX; PHPSX
ProFunds UltraSector Health Care Fund Investor ClassHCPIX, HCPSX
Profunds VP Consumer Goods 
Profunds VP Health Care 
ProShares Ultra Nasdaq Biotechnology ETFBIB
ProShares UltraShort Nasdaq BiotechBIS
ProShares UltraPro Short NASDAQ BiotechnologyZBIO
Proshares UltraPro NASDAQ BiotechnologyUBIO
Prudential Jennison Health Sciences FundPHLAX; PHSZX; PHLCX; PHLBX
Putnam Global Health Care FundPHSTX; PHSBX; PCHSX; PHSRX; PHSYX; PHLMX
Renaissance Global HealthcareATL1161
Rydex Basic Biotechnology FundRYOIX; RYBOX; RYOAX; RYCFX
Rydex Basic Consumer Products FundRYCIX; RYPDX; RYCAX; RYCPX
Rydex Health Care FundRYHIX; RYHEX; RYHAX; RYHCX
Sarasin Food and Agricultural Opportunities Fund 
Saratoga Health & Biotechnology Portfolio FundSBHIX; SHPAX; SHPCX; SHPBX
Schroder Global Healthcare Fund 
Schwab Health Care FundSWHFX
SPDR S&P Biotech (ETF)SBIO
SPDR S&P Health Care Equipment ETFXHE
SPDR S&P International HealthCareSe(ETF)IRY
SPDR S&P Pharmaceuticals (ETF)XPH
T Rowe Price Health Sciences FundPRHSX, THISX
TD Health SciencesTDB132; TDB976; TDG277
Tekla Healthcare InvestorsHQH
Tekla Healthcare Opportunity FundTHQ
Tekla Life Sciences InvestorsHQL
Tekla Healthcare InvestorsHQH
Tekla World Healthcare FundTHW
Turner Medical Sciences Long/Short FundTMSFX; TMSEX; TMSCX
The Hartford Healthcare FundHGHAX; HGHCX; HGHSX; HGHIX; HGHRX; HGHTX; HGHYX; HGHBX
VALIC Company I Health Sciences FundVCHSX
Vangaurd Consumer Staples ETFVDC
Vanguard Consumer Staples Index FundVCSAX
Vanguard Health Care ETFVHT
Vanguard Health Care FundVGHCX; VGHAZ; VHCIX, VGHAX
VY BlackRock Health Sciences Opportunities PortfolioIEHSX; IEHIX; IEHAX
Wells Fargo Advantage Health CareEHCYX; EHABX; EHCCX; EHCBX
USA Mutuals Barrier FundVICEX; VICAX; VICCX; VICVX

 

How often is the list of Prohibited Investment Funds updated?

FDA will send an agency-wide notice of update on a quarterly basis.

Page Last Updated: 05/12/2017
Note: If you need help accessing information in different file formats, see Instructions for Downloading Viewers and Players.
Language Assistance Available: Español | 繁體中文 | Tiếng Việt | 한국어 | Tagalog | Русский | العربية | Kreyòl Ayisyen | Français | Polski | Português | Italiano | Deutsch | 日本語 | فارسی | English