As filed with the Securities and Exchange Commission on January 18, 2013
Registration No. 811-03386
2-75863
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT | ||||
UNDER | ||||
THE SECURITIES ACT OF 1933 | x | |||
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 35 | x | |||
and | ||||
REGISTRATION STATEMENT | ||||
UNDER | ||||
THE INVESTMENT COMPANY ACT OF 1940 | x | |||
Amendment No. 36 | x | |||
(Check appropriate box or boxes) |
PUTNAM GLOBAL HEALTH CARE FUND
(Exact name of registrant as specified in charter)
One Post Office Square, Boston, Massachusetts 02109
(Address of principal executive offices)
Registrants Telephone Number, including Area Code
(617) 292-1000
It is proposed that this filing will become effective
(check appropriate box)
¨ | immediately upon filing pursuant to paragraph (b) |
x | on January 18, 2013 pursuant to paragraph (b) |
¨ | 60 days after filing pursuant to paragraph (a) (1) |
¨ | on (date) pursuant to paragraph (a) (1) |
¨ | 75 days after filing pursuant to paragraph (a) (2) |
¨ | on (date) pursuant to paragraph (a) (2) of Rule 485. |
If appropriate, check the following box:
¨ | this post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
ROBERT T. BURNS, Vice President
PUTNAM GLOBAL HEALTH CARE FUND
One Post Office Square
Boston, Massachusetts 02109
(Name and address of agent for service)
Copy to:
JOHN W. GERSTMAYR, Esquire
ROPES & GRAY LLP
Prudential Tower
800 Boylston Street
Boston, Massachusetts 02199-3600
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 18th day of January, 2013.
PUTNAM GLOBAL HEALTH CARE FUND |
By: /s/ Jonathan S. Horwitz, |
Executive Vice President, |
Principal Executive Officer and Compliance Liaison |
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
Signature |
Title | |
Jameson A. Baxter* |
Chair, Board of Trustees | |
Robert L. Reynolds* |
President and Trustee | |
Jonathan S. Horwitz* |
Executive Vice President, Principal Executive Officer and Compliance Liaison | |
Steven D. Krichmar* |
Vice President and Principal Financial Officer | |
Janet C. Smith* |
Vice President, Assistant Treasurer and Principal Accounting Officer | |
Liaquat Ahamed* |
Trustee | |
Ravi Akhoury* |
Trustee | |
Barbara M. Baumann* |
Trustee | |
Charles B. Curtis* |
Trustee | |
Robert J. Darretta* |
Trustee | |
Katinka Domotorffy* |
Trustee |
1
John A. Hill* |
Trustee | |
Paul L. Joskow* |
Trustee | |
Elizabeth T. Kennan* |
Trustee | |
Kenneth R. Leibler* |
Trustee | |
Robert E. Patterson* |
Trustee | |
George Putnam, III* |
Trustee | |
W. Thomas Stephens* |
Trustee |
By: | /s/ Jonathan S. Horwitz, as Attorney-in-Fact January 18, 2013 |
* | Signed pursuant to power of attorney filed in Post-Effective Amendment No. 34 to the Registrants Registration Statement on December 28, 2012. |
2
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Label
Element
Value
Risk/Return:
rr_RiskReturnAbstract
Registrant Name
dei_EntityRegistrantName
PUTNAM GLOBAL HEALTH CARE FUND
Prospectus Date
rr_ProspectusDate
Dec. 30,
2012
Risk/Return:
rr_RiskReturnAbstract
Risk/Return [Heading]
rr_RiskReturnHeading
PUTNAM GLOBAL HEALTH CARE FUND
Objective [Heading]
rr_ObjectiveHeading
Goal
Objective, Primary [Text Block]
rr_ObjectivePrimaryTextBlock
Putnam Global Health Care Fund seeks capital appreciation.
Expense [Heading]
rr_ExpenseHeading
Fees and expenses
Expense Narrative [Text Block]
rr_ExpenseNarrativeTextBlock
The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 57 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).
Shareholder Fees Caption [Text]
rr_ShareholderFeesCaption
Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text]
rr_OperatingExpensesCaption
Annual fund operating expenses
(expenses you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading]
rr_PortfolioTurnoverHeading
Portfolio turnover
Portfolio Turnover [Text Block]
rr_PortfolioTurnoverTextBlock
The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 25%.
Portfolio Turnover, Rate
rr_PortfolioTurnoverRate
25.00%
Expense Breakpoint Discounts [Text]
rr_ExpenseBreakpointDiscounts
You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 57 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).
Expense Breakpoint, Minimum Investment Required [Amount]
rr_ExpenseBreakpointMinimumInvestmentRequiredAmount
50,000
Expenses Restated to Reflect Current [Text]
rr_ExpensesRestatedToReflectCurrent
Restated to reflect current fees.
Expense Example [Heading]
rr_ExpenseExampleHeading
Example
Expense Example Narrative [Text Block]
rr_ExpenseExampleNarrativeTextBlock
The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Strategy [Heading]
rr_StrategyHeading
Investments
Strategy Narrative [Text Block]
rr_StrategyNarrativeTextBlock
For this non-diversified fund concentrating in the health care industries, we invest mainly in common stocks (growth or value stocks or both) of large and midsize companies worldwide that we believe have favorable investment potential. Potential investments include companies that manufacture health care supplies or provide health care-related services, and companies in the research, development, production and marketing of pharmaceuticals and biotechnology products. We may purchase stocks of companies with stock prices that reflect a value lower than that which we place on the company. We also consider other factors that we believe will cause the stock price to rise. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. We may also use derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes, and may engage in short sales of securities.
Strategy Portfolio Concentration [Text]
rr_StrategyPortfolioConcentration
For this non-diversified fund concentrating in the health care industries, we invest mainly in common stocks (growth or value stocks or both) of large and midsize companies worldwide that we believe have favorable investment potential.
Risk [Heading]
rr_RiskHeading
Risks
Risk Narrative [Text Block]
rr_RiskNarrativeTextBlock
It is important to understand that you can lose money by investing in the fund.
The prices of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific company or industry. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. These risks are generally greater for small and midsize companies. The health care industries may be affected by technological obsolescence, changes in regulatory approval policies for drugs, medical devices or procedures and changes in governmental and private payment systems. Our policy of concentrating on a limited group of industries and the fund’s “non-diversified” status, which means the fund has the ability to invest a greater percentage of its assets in fewer issuers than a “diversified fund,” can increase the fund’s vulnerability to adverse developments affecting a single industry or issuer, which may result in greater losses and volatility for the fund. The value of international investments traded in foreign currencies may be adversely impacted by fluctuations in exchange rates. International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be illiquid. Our use of derivatives may increase these risks by increasing investment exposure or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Our use of short selling may result in losses if the securities appreciate in value.
The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Risk Lose Money [Text]
rr_RiskLoseMoney
It is important to understand that you can lose money by investing in the fund.
Risk Nondiversified Status [Text]
rr_RiskNondiversifiedStatus
Our policy of concentrating on a limited group of industries and the fund’s “non-diversified” status, which means the fund has the ability to invest a greater percentage of its assets in fewer issuers than a “diversified fund,” can increase the fund’s vulnerability to adverse developments affecting a single industry or issuer, which may result in greater losses and volatility for the fund.
Risk Not Insured Depository Institution [Text]
rr_RiskNotInsuredDepositoryInstitution
An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading]
rr_BarChartAndPerformanceTableHeading
Performance
Performance Narrative [Text Block]
rr_PerformanceNarrativeTextBlock
The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.
Performance Information Illustrates Variability of Returns [Text]
rr_PerformanceInformationIllustratesVariabilityOfReturns
The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time.
Performance Availability Website Address [Text]
rr_PerformanceAvailabilityWebSiteAddress
putnam.com
Performance Past Does Not Indicate Future [Text]
rr_PerformancePastDoesNotIndicateFuture
Please remember that past performance is not necessarily an indication of future results.
Bar Chart [Heading]
rr_BarChartHeading
Annual total returns for class A shares before sales charges
Bar Chart Does Not Reflect Sales Loads [Text]
rr_BarChartDoesNotReflectSalesLoads
The bar chart does not reflect the impact of sales charges. If it did, performance would be lower.
Bar Chart Closing [Text Block]
rr_BarChartClosingTextBlock
Year-to-date
performance
through 9/30/12 21.11% Best calendar
quarter
Q3 2010 12.45% Worst calendar
quarter
Q3 2011-17.98%
Year to Date Return, Label
rr_YearToDateReturnLabel
Year-to-date performance
Bar Chart, Year to Date Return, Date
rr_BarChartYearToDateReturnDate
Sep. 30,
2012
Bar Chart, Year to Date Return
rr_BarChartYearToDateReturn
21.11%
Highest Quarterly Return, Label
rr_HighestQuarterlyReturnLabel
Best calender quarter
Highest Quarterly Return, Date
rr_BarChartHighestQuarterlyReturnDate
Sep. 30,
2010
Highest Quarterly Return
rr_BarChartHighestQuarterlyReturn
12.45%
Lowest Quarterly Return, Label
rr_LowestQuarterlyReturnLabel
Worst calender quarter
Lowest Quarterly Return, Date
rr_BarChartLowestQuarterlyReturnDate
Sep. 30,
2011
Lowest Quarterly Return
rr_BarChartLowestQuarterlyReturn
(17.98%)
Performance Table Heading
rr_PerformanceTableHeading
Average annual total returns after sales charges
(for periods ending 12/31/11)
Performance Table Uses Highest Federal Rate
rr_PerformanceTableUsesHighestFederalRate
After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes.
Performance Table Not Relevant to Tax Deferred
rr_PerformanceTableNotRelevantToTaxDeferred
Actual after-tax returns depend on an investor’s tax situation and may differ from those shown.
Performance Table One Class of after Tax Shown [Text]
rr_PerformanceTableOneClassOfAfterTaxShown
After-tax returns are shown for class A shares only and will vary for other classes.
Performance Table Narrative
rr_PerformanceTableNarrativeTextBlock
After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.
Class B share performance does not reflect conversion to class A shares.
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
5.75%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
1.00%
[1]
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
0.25%
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
1.27%
1 year
rr_ExpenseExampleYear01
697
3 years
rr_ExpenseExampleYear03
955
5 years
rr_ExpenseExampleYear05
1,232
10 years
rr_ExpenseExampleYear10
2,021
2002
rr_AnnualReturn2002
(20.38%)
2003
rr_AnnualReturn2003
18.50%
2004
rr_AnnualReturn2004
7.15%
2005
rr_AnnualReturn2005
13.56%
2006
rr_AnnualReturn2006
2.99%
2007
rr_AnnualReturn2007
(0.63%)
2008
rr_AnnualReturn2008
(17.12%)
2009
rr_AnnualReturn2009
25.17%
2010
rr_AnnualReturn2010
2.06%
2011
rr_AnnualReturn2011
(1.41%)
1 year
rr_AverageAnnualReturnYear01
(7.08%)
5 years
rr_AverageAnnualReturnYear05
(0.45%)
10 years
rr_AverageAnnualReturnYear10
1.46%
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
5.00%
[4]
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
1.00%
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
2.02%
1 year
rr_ExpenseExampleYear01
705
3 years
rr_ExpenseExampleYear03
934
5 years
rr_ExpenseExampleYear05
1,288
10 years
rr_ExpenseExampleYear10
2,155
1 year
rr_ExpenseExampleNoRedemptionYear01
205
3 years
rr_ExpenseExampleNoRedemptionYear03
634
5 years
rr_ExpenseExampleNoRedemptionYear05
1,088
10 years
rr_ExpenseExampleNoRedemptionYear10
2,155
1 year
rr_AverageAnnualReturnYear01
(6.36%)
5 years
rr_AverageAnnualReturnYear05
(0.26%)
10 years
rr_AverageAnnualReturnYear10
1.30%
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
1.00%
[5]
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
1.00%
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
2.02%
1 year
rr_ExpenseExampleYear01
305
3 years
rr_ExpenseExampleYear03
634
5 years
rr_ExpenseExampleYear05
1,088
10 years
rr_ExpenseExampleYear10
2,348
1 year
rr_ExpenseExampleNoRedemptionYear01
205
3 years
rr_ExpenseExampleNoRedemptionYear03
634
5 years
rr_ExpenseExampleNoRedemptionYear05
1,088
10 years
rr_ExpenseExampleNoRedemptionYear10
2,348
1 year
rr_AverageAnnualReturnYear01
(3.01%)
5 years
rr_AverageAnnualReturnYear05
(0.02%)
10 years
rr_AverageAnnualReturnYear10
1.30%
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
3.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
0.65%
[1]
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
0.75%
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
1.77%
1 year
rr_ExpenseExampleYear01
524
3 years
rr_ExpenseExampleYear03
888
5 years
rr_ExpenseExampleYear05
1,276
10 years
rr_ExpenseExampleYear10
2,361
1 year
rr_AverageAnnualReturnYear01
(5.34%)
5 years
rr_AverageAnnualReturnYear05
(0.48%)
10 years
rr_AverageAnnualReturnYear10
1.19%
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
none
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
0.50%
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
1.52%
1 year
rr_ExpenseExampleYear01
155
3 years
rr_ExpenseExampleYear03
480
5 years
rr_ExpenseExampleYear05
829
10 years
rr_ExpenseExampleYear10
1,813
1 year
rr_AverageAnnualReturnYear01
(1.68%)
5 years
rr_AverageAnnualReturnYear05
0.48%
10 years
rr_AverageAnnualReturnYear10
1.81%
Risk/Return:
rr_RiskReturnAbstract
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOther
none
Redemption fee (as a percentage of total redemption proceeds)
rr_RedemptionFeeOverRedemption
1.00%
[2]
Management fees
rr_ManagementFeesOverAssets
0.64%
Distribution and service (12b-1) fees
rr_DistributionAndService12b1FeesOverAssets
Other expenses
rr_OtherExpensesOverAssets
0.38%
[3]
Total annual fund operating expenses
rr_ExpensesOverAssets
1.02%
1 year
rr_ExpenseExampleYear01
104
3 years
rr_ExpenseExampleYear03
325
5 years
rr_ExpenseExampleYear05
563
10 years
rr_ExpenseExampleYear10
1,248
1 year
rr_AverageAnnualReturnYear01
(1.19%)
5 years
rr_AverageAnnualReturnYear05
0.99%
10 years
rr_AverageAnnualReturnYear10
2.32%
Risk/Return:
rr_RiskReturnAbstract
1 year
rr_AverageAnnualReturnYear01
(8.99%)
5 years
rr_AverageAnnualReturnYear05
(1.74%)
10 years
rr_AverageAnnualReturnYear10
0.41%
Risk/Return:
rr_RiskReturnAbstract
1 year
rr_AverageAnnualReturnYear01
(2.66%)
5 years
rr_AverageAnnualReturnYear05
(0.51%)
10 years
rr_AverageAnnualReturnYear10
1.12%
Risk/Return:
rr_RiskReturnAbstract
1 year
rr_AverageAnnualReturnYear01
9.46%
5 years
rr_AverageAnnualReturnYear05
1.69%
10 years
rr_AverageAnnualReturnYear10
3.13%
[1]
Applies only to certain redemptions of shares bought with no initial sales charge.
[2]
This fee applies only to shares purchased before 1/2/2013.
[3]
Restated to reflect current fees.
[4]
This charge is phased out over six years.
[5]
This charge is eliminated after one year.
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