a_ghccvr.htm


	It is proposed that this filing will become effective
	(check appropriate box)
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/ /	immediately upon filing pursuant to paragraph (b)
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/ X /	on December 30, 2018 pursuant to paragraph (b)
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/ /	60 days after filing pursuant to paragraph (a) (1)
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/ /	on (date) pursuant to paragraph (a) (1)
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/ /	75 days after filing pursuant to paragraph (a) (2)
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/ /	on (date) pursuant to paragraph (a) (2) of Rule 485.
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If appropriate, check the following box:
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/ /	this post-effective amendment designates a new
----	effective date for a previously filed post-effective amendment.

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	ROBERT T. BURNS, Vice President
	PUTNAM GLOBAL HEALTH CARE FUND
	100 Federal Street
	Boston, Massachusetts 02110
	(Name and address of agent for service)
	---------------
	Copy to:
	BRYAN CHEGWIDDEN, Esquire
	ROPES & GRAY LLP
	1211 Avenue of the Americas
	New York, New York 10036

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, 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, as amended, 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, 2019.

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, as amended, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:

Signature

Title

Kenneth R. Leibler*

Chair, Board of Trustees

Robert L. Reynolds*

President and Trustee

Jonathan S. Horwitz*

Executive Vice President, Principal Executive Officer and Compliance Liaison

Janet C. Smith*

Vice President, Principal Financial Officer, Principal Accounting Officer and Assistant Treasurer

Liaquat Ahamed*

Trustee

Ravi Akhoury*

Trustee

Barbara M. Baumann*

Trustee

Katinka Domotorffy*

Trustee

Catherine Bond Hill*

Trustee

Paul L. Joskow*

Trustee

Robert E. Patterson*

Trustee

George Putnam, III*

Trustee

Manoj P. Singh*

Trustee

	By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact January 18, 2019

	*Signed pursuant to power of attorney filed in Post-Effective Amendment No. 47 to the Registrant's Registration Statement on December 27, 2018.

EX-101.INS 2 phstx-20181227.xml XBRL INSTANCE FILE 0000357295 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015515Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015516Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015517Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015518Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015519Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015520Member 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015515Member rr:AfterTaxesOnDistributionsMember 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:C000015515Member rr:AfterTaxesOnDistributionsAndSalesMember 2018-12-27 2018-12-27 0000357295 PHSTX:S000005666Member PHSTX:MSCIWorldHealthCareIndexMember 2018-12-27 2018-12-27 iso4217:USD xbrli:pure 485BPOS 2017-12-31 PUTNAM GLOBAL HEALTH CARE FUND 0000357295 false PHSTX 2018-12-27 2018-12-30 2018-12-30 Fund Summary Goal Fees and expenses Shareholder fees (fees paid directly from your investment) Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment) Portfolio turnover Example Investments, risks, and performance Investments Risks It is important to understand that you can lose money by investing in the fund. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Performance 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. putnam.com Please remember that past performance is not necessarily an indication of future results. Annual total returns for class A shares before sales charges The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Year-to-date performance<br /><b>through 9/30/18</b>    10.88%<br /><br />Best calendar quarter<br /><b>Q1 2013   </b>13.14%<br /><br />Worst calendar quarter<br /><b>Q3 2011</b>     −17.98% Best calendar quarter Worst calendar quarter Average annual total returns after sales charges (for periods ended 12/31/17) 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. Putnam Global Health Care Fund seeks capital appreciation. 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 <i>How do I buy fund shares? </i>beginning on page 50 of the fund's prospectus, in the Appendix to the fund's prospectus, and in <i>How to buy shares </i>beginning on page II-1 of the fund's statement of additional information (SAI). 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 50 of the fund's prospectus, in the Appendix to the fund's prospectus, and in How to buy shares beginning on page II-1 of the fund's statement of additional information (SAI). 50000 0.0575 0 0 0.0350 0 0 0.0100 0.0500 0.0100 0 0 0 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0.0062 0.0062 0.0062 0.0062 0.0062 0.0062 0.0025 0.0100 0.0100 0.0075 0.0050 0.0021 0.0021 0.0021 0.0021 0.0021 0.0021 0.0108 0.0183 0.0183 0.0158 0.0133 0.0083 <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 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. 1816 1951 2148 2163 1601 1025 1136 1190 990 1180 729 460 899 876 576 831 421 265 679 686 286 505 135 85 1951 2148 990 990 576 576 186 186 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 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 49%. 0.49 Investments<br /> 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<br /> midsize companies worldwide that we believe have favorable investment potential. Under normal circumstances, we invest at least 80% of the fund’s net assets in securities of companies in the health care industries. This policy may be changed only after 60 days’ notice to shareholders. 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 may 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.<br /> <br /> The use of the term “global” in the fund’s name is meant to emphasize that we look for investment opportunities on a worldwide basis and that our investment strategies are not constrained by the countries or regions in which companies are located. Under normal market conditions, the fund intends to invest in at least five different countries and at least 40% of its net assets in securities of foreign companies (or, if less, at least the percentage of net assets that is 10% less than the percentage of the fund’s benchmark represented by foreign companies, as determined by the providers of the benchmark).<br /> It is important to understand that you can lose money by investing in the fund.<br /> <br /> The value of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. 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 may 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), and may be illiquid. Our use of derivatives may increase the risks of investing in the fund by increasing investment exposure (which may be considered leverage) 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. <br /> <br /> 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. Our policy of concentrating on a limited group of industries and the fund's "non-diversified" status, which means the fund may 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 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. -0.1712 0.2517 0.0206 -0.0141 0.2198 0.4172 0.2747 0.0754 -0.1168 0.1528 Year-to-date performance through 2018-09-30 0.1088 2013-03-31 0.1314 2011-09-30 -0.1798 <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0.0903 0.0902 0.0885 0.0874 0.0940 0.0995 0.0688 0.0703 0.0894 0.1326 0.1356 0.1375 0.1324 0.1432 0.1490 0.1016 0.1025 0.1388 0.0865 0.0994 0.1346 0.1070 0.1495 0.1555 0.0483 0.0804 0.1980 <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_LegalEntityAxis compact PHSTX_S000005666Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 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. <br /><br /> Class B share performance reflects conversion to class A shares after eight years. before taxes before taxes before taxes before taxes before taxes before taxes Applies only to certain redemptions of shares bought with no initial sales charge. This charge is phased out over six years. This charge is eliminated after one year. EX-101.SCH 3 phstx-20181227.xsd XBRL SCHEMA FILE 00000003 - Document - Putnam Global Health Care Fund Summary {Unlabeled} link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 phstx-20181227_def.xml XBRL DEFINITION FILE EX-101.LAB 5 phstx-20181227_lab.xml XBRL LABEL FILE Legal Entity [Axis] Putnam Global Health Care Fund Legal Entity [Axis] Class A Class B Class C Class M Class R Class Y Performance Measure [Axis] after taxes on distributions after taxes on distributions and sale of fund shares MSCI World Health Care Index (ND) (no deduction for fees, expenses or taxes) Prospectus: [Table] Prospectus [Line Items] Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Column [Text] Management fees Distribution and service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other expenses Acquired fund fees and expenses Total annual fund operating expenses Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual 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Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly 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Putnam Global Health Care Fund

Fund Summary

Goal

Putnam Global Health Care Fund seeks capital appreciation.

Fees and expenses

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 50 of the fund's prospectus, in the Appendix to 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 (fees paid directly from your investment)

Shareholder Fees - Putnam Global Health Care Fund

Class A

Class B

Class C

Class M

Class R

Class Y

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 3.50% none none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) 1.00% ^[1] 5.00% ^[2] 1.00% ^[3] none none none

[1] Applies only to certain redemptions of shares bought with no initial sales charge.

[2] This charge is phased out over six years.

[3] This charge is eliminated after one year.

Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses - Putnam Global Health Care Fund

Class A

Class B

Class C

Class M

Class R

Class Y

Management fees 0.62% 0.62% 0.62% 0.62% 0.62% 0.62%

Distribution and service (12b-1) fees 0.25% 1.00% 1.00% 0.75% 0.50%

Other expenses 0.21% 0.21% 0.21% 0.21% 0.21% 0.21%

Total annual fund operating expenses 1.08% 1.83% 1.83% 1.58% 1.33% 0.83%

Example

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.

Expense Example - Putnam Global Health Care Fund - USD ($)

Expense Example, with Redemption, 1 Year

Expense Example, with Redemption, 3 Years

Expense Example, with Redemption, 5 Years

Expense Example, with Redemption, 10 Years

Class A 679 899 1,136 1,816

Class B 686 876 1,190 1,951

Class C 286 576 990 2,148

Class M 505 831 1,180 2,163

Class R 135 421 729 1,601

Class Y 85 265 460 1,025

Expense Example, No Redemption - Putnam Global Health Care Fund - USD ($)

Expense Example, No Redemption, 1 Year

Expense Example, No Redemption, 3 Years

Expense Example, No Redemption, 5 Years

Expense Example, No Redemption, 10 Years

Class B 186 576 990 1,951

Class C 186 576 990 2,148

Portfolio turnover

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 49%.

Investments, risks, and performance Investments

Investments
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. Under normal circumstances, we invest at least 80% of the fund’s net assets in securities of companies in the health care industries. This policy may be changed only after 60 days’ notice to shareholders. 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 may 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.

The use of the term “global” in the fund’s name is meant to emphasize that we look for investment opportunities on a worldwide basis and that our investment strategies are not constrained by the countries or regions in which companies are located. Under normal market conditions, the fund intends to invest in at least five different countries and at least 40% of its net assets in securities of foreign companies (or, if less, at least the percentage of net assets that is 10% less than the percentage of the fund’s benchmark represented by foreign companies, as determined by the providers of the benchmark).

Risks

It is important to understand that you can lose money by investing in the fund.

The value of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. 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 may 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), and may be illiquid. Our use of derivatives may increase the risks of investing in the fund by increasing investment exposure (which may be considered leverage) 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.

Performance

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.

Annual total returns for class A shares before sales charges

Year-to-date performance
through 9/30/18    10.88%

Best calendar quarter
Q1 2013   13.14%

Worst calendar quarter
Q3 2011     −17.98%

Average annual total returns after sales charges (for periods ended 12/31/17)

Average Annual Total Returns - Putnam Global Health Care Fund

Label

1 Year

5 Years

10 Years

Class A before taxes 8.65% 13.26% 9.03%

Class A | after taxes on distributions 4.83% 10.16% 6.88%

Class A | after taxes on distributions and sale of fund shares 8.04% 10.25% 7.03%

Class B before taxes 9.94% 13.56% 9.02%

Class C before taxes 13.46% 13.75% 8.85%

Class M before taxes 10.70% 13.24% 8.74%

Class R before taxes 14.95% 14.32% 9.40%

Class Y before taxes 15.55% 14.90% 9.95%

MSCI World Health Care Index (ND) (no deduction for fees, expenses or taxes) 19.80% 13.88% 8.94%

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 reflects conversion to class A shares after eight years.

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Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared 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 $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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Maximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
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Label Element Value

Risk Return Abstract rr_RiskReturnAbstract

Document Type dei_DocumentType 485BPOS

Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2017

Registrant Name dei_EntityRegistrantName PUTNAM GLOBAL HEALTH CARE FUND

Central Index Key dei_EntityCentralIndexKey 0000357295

Amendment Flag dei_AmendmentFlag false

Trading Symbol dei_TradingSymbol PHSTX

Document Creation Date dei_DocumentCreationDate Dec. 27, 2018

Document Effective Date dei_DocumentEffectiveDate Dec. 30, 2018

Prospectus Date rr_ProspectusDate Dec. 30, 2018

Putnam Global Health Care Fund

Risk Return Abstract rr_RiskReturnAbstract

Risk/Return [Heading] rr_RiskReturnHeading Fund Summary

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 50 of the fund's prospectus, in the Appendix to 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 49%.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 49.00%

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 50 of the fund's prospectus, in the Appendix to 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

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, risks, and performance Investments

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock Investments
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. Under normal circumstances, we invest at least 80% of the fund’s net assets in securities of companies in the health care industries. This policy may be changed only after 60 days’ notice to shareholders. 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 may 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.

The use of the term “global” in the fund’s name is meant to emphasize that we look for investment opportunities on a worldwide basis and that our investment strategies are not constrained by the countries or regions in which companies are located. Under normal market conditions, the fund intends to invest in at least five different countries and at least 40% of its net assets in securities of foreign companies (or, if less, at least the percentage of net assets that is 10% less than the percentage of the fund’s benchmark represented by foreign companies, as determined by the providers of the benchmark).

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 value of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. 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 may 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), and may be illiquid. Our use of derivatives may increase the risks of investing in the fund by increasing investment exposure (which may be considered leverage) 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 may 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 9/30/18    10.88%

Best calendar quarter
Q1 2013   13.14%

Worst calendar quarter
Q3 2011     −17.98%

Year to Date Return, Label rr_YearToDateReturnLabel Year-to-date performance through

Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2018

Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 10.88%

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best calendar quarter

Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013

Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.14%

Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst calendar 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 ended 12/31/17)

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 Closing [Text Block] rr_PerformanceTableClosingTextBlock 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 reflects conversion to class A shares after eight years.

Putnam Global Health Care Fund | Class A

Risk Return Abstract 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]

Management fees rr_ManagementFeesOverAssets 0.62%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 1.08%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 679

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 899

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,136

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,816

Annual Return 2008 rr_AnnualReturn2008 (17.12%)

Annual Return 2009 rr_AnnualReturn2009 25.17%

Annual Return 2010 rr_AnnualReturn2010 2.06%

Annual Return 2011 rr_AnnualReturn2011 (1.41%)

Annual Return 2012 rr_AnnualReturn2012 21.98%

Annual Return 2013 rr_AnnualReturn2013 41.72%

Annual Return 2014 rr_AnnualReturn2014 27.47%

Annual Return 2015 rr_AnnualReturn2015 7.54%

Annual Return 2016 rr_AnnualReturn2016 (11.68%)

Annual Return 2017 rr_AnnualReturn2017 15.28%

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 8.65%

5 Years rr_AverageAnnualReturnYear05 13.26%

10 Years rr_AverageAnnualReturnYear10 9.03%

Putnam Global Health Care Fund | Class B

Risk Return Abstract 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% ^[2]

Management fees rr_ManagementFeesOverAssets 0.62%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 1.83%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 686

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 876

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,190

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,951

Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 186

Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 576

Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 990

Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,951

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 9.94%

5 Years rr_AverageAnnualReturnYear05 13.56%

10 Years rr_AverageAnnualReturnYear10 9.02%

Putnam Global Health Care Fund | Class C

Risk Return Abstract 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% ^[3]

Management fees rr_ManagementFeesOverAssets 0.62%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 1.83%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 286

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 576

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 990

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,148

Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 186

Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 576

Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 990

Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,148

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 13.46%

5 Years rr_AverageAnnualReturnYear05 13.75%

10 Years rr_AverageAnnualReturnYear10 8.85%

Putnam Global Health Care Fund | Class M

Risk Return Abstract 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 none

Management fees rr_ManagementFeesOverAssets 0.62%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 1.58%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 505

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 831

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,180

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 2,163

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 10.70%

5 Years rr_AverageAnnualReturnYear05 13.24%

10 Years rr_AverageAnnualReturnYear10 8.74%

Putnam Global Health Care Fund | Class R

Risk Return Abstract 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

Management fees rr_ManagementFeesOverAssets 0.62%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 1.33%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 135

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 421

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 729

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,601

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 14.95%

5 Years rr_AverageAnnualReturnYear05 14.32%

10 Years rr_AverageAnnualReturnYear10 9.40%

Putnam Global Health Care Fund | Class Y

Risk Return Abstract 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

Management fees rr_ManagementFeesOverAssets 0.62%

Other expenses rr_OtherExpensesOverAssets 0.21%

Total annual fund operating expenses rr_ExpensesOverAssets 0.83%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 85

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 265

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 460

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,025

Label rr_AverageAnnualReturnLabel before taxes

1 Year rr_AverageAnnualReturnYear01 15.55%

5 Years rr_AverageAnnualReturnYear05 14.90%

10 Years rr_AverageAnnualReturnYear10 9.95%

Putnam Global Health Care Fund | after taxes on distributions | Class A

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 4.83%

5 Years rr_AverageAnnualReturnYear05 10.16%

10 Years rr_AverageAnnualReturnYear10 6.88%

Putnam Global Health Care Fund | after taxes on distributions and sale of fund shares | Class A

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 8.04%

5 Years rr_AverageAnnualReturnYear05 10.25%

10 Years rr_AverageAnnualReturnYear10 7.03%

Putnam Global Health Care Fund | MSCI World Health Care Index (ND) (no deduction for fees, expenses or taxes)

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 19.80%

5 Years rr_AverageAnnualReturnYear05 13.88%

10 Years rr_AverageAnnualReturnYear10 8.94%

[1] Applies only to certain redemptions of shares bought with no initial sales charge.

[2] This charge is phased out over six years.

[3] This charge is eliminated after one year.

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If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).
+ References
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-Publisher SEC
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This item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
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-Paragraph 2
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Return Before Taxes.
+ References
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-Publisher SEC
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-Number N-1A
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Return Before Taxes.
+ References
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-Publisher SEC
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Return Before Taxes.
+ References
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-Publisher SEC
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Risk/Return Bar Chart and Table.
+ References
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-Publisher SEC
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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Include the bar chart and table required by Item 4 (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Provide annual total returns beginning with the earliest calendar year. Calculate annual returns using the Instructions to Item 8(a), except that the calculations should be based on calendar years. If a Fund's shares are sold subject to a sales load or account fees, state that sales loads or account fees are not reflected in the bar chart and that, if these amounts were reflected, returns would be less than those shown.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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+ References
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-Publisher SEC
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+ References
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+ References
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-Publisher SEC
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number N-1A
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+ References
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If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
+ References
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-Publisher SEC
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Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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This element represents the minimum level of investment required to qualify for discounted sales charges or fund expenses (SEC Form N-1A 2006-09-14 A.3.instructions.1.b).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Heading for Expense Example.
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The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
+ References
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You would pay the following expenses if you did not redeem your shares. Include the second 1-, 3-, 5-, and 10-year periods and related narrative explanation only if a sales charge (load) or other fee is charged upon redemption.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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+ References
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ References
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.
+ References
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+ References
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The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection example
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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared 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 $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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This table describes the fees and expenses that you may pay if you buy and hold shared 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 $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.
+ References
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Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number N-1A
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-Section 4
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Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Maximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number N-1A
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+ References
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+ References
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+ References
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+ References
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+ References
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+ References
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This item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.
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	As filed with the Securities and Exchange Commission on
	January 18, 2019

	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. 48	/ X /
	and	----
		----
	REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY	/ X /
	ACT OF 1940	----
		----
	Amendment No. 49	/ X /
	(Check appropriate box or boxes)	----

	---------------
	PUTNAM GLOBAL HEALTH CARE FUND
	(Exact name of registrant as specified in charter)

	100 Federal Street, Boston, Massachusetts 02110
	(Address of principal executive offices)

	Registrant's Telephone Number, including Area Code
	(617) 292-1000
	----------------