Statement of Additional Information Supplement | November 25, 2016 |
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Putnam Global Health Care Fund
Statement of Additional Information dated December 30, 2015
The sub-sections Other accounts managed and Ownership of securities in the PORTFOLIO MANAGERS section are supplemented effective November 15, 2016 to reflect that the fund’s portfolio managers are now Isabel Buccellati, Samuel Cox and Michael Maguire. These sub-sections are also supplemented with regards solely to Mr. Maguire as follows:
Other accounts managed
The following table shows the number and approximate assets of other investment accounts (or portions of investment accounts) that the fund’s portfolio manager managed as of October 31, 2016. The other accounts may include accounts for which this individual was not designated as a portfolio manager. Unless noted, none of the other accounts pays a fee based on the account's performance.
Other accounts (including | ||||||
separate accounts, managed | ||||||
Other accounts that pool | account programs and | |||||
Portfolio | Other SEC-registered open- | assets from more than one | single-sponsor defined | |||
manager | end and closed-end funds | client | contribution plan offerings) | |||
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Number | Number | Number | ||||
of | of | of | ||||
accounts | Assets | accounts | Assets | accounts | Assets | |
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Michael Maguire | 0 | $0 | 2 | $11,900,000 | 1 | $1,000,000 |
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Ownership of securities
The dollar range of shares of the fund owned by the portfolio manager as of October 31, 2016, including investments by immediate family members and amounts invested through retirement and deferred compensation plans, was as follows:
Portfolio manager | Dollar range of shares owned | ||
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Michael Maguire | $0 |
11/16 |