Listing of Prohibited Investment Funds
PROHIBITED INVESTMENT FUNDS
FDA employees are prohibited from holding interests in certain investment funds that have a stated policy or practice of investing in companies that are SROs. The most commonly encountered examples of such funds are mutual funds or ETFs that invest in a range of sectors, including but not limited to:
- Healthcare sector funds
- Medical device sector funds
- Consumer staples funds
- Biotechnology funds
This restriction also applies to prohibited funds held by the employee’s spouse or minor children.
How often is the list of Prohibited Investment Funds updated?
FDA will send an agency-wide notice of updates on a monthly basis.
How do I search the list of Prohibited Investment Funds?
Enter the mutual fund name in the search field to search the list, which will provide you the mutual fund name and ticker symbol if there is a match. Please note that FDA has determined your fund to be prohibited, even if the class of shares that you own, and hence ticker symbol, are different from the fund on the prohibited funds list.
The Prohibited Funds List only includes publicly traded mutual funds traded on a U.S. stock exchange or publicly available through a variable life insurance policy. Please remember to contact FDA Ethics Advice Hotline at (240) 402-1111 or email FDAEthics_Advice@fda.hhs.gov if you own a privately-held investment fund (e.g., hedge fund, venture capital fund, private equity fund) or own a mutual fund that trades on a foreign stock exchange.
Mutual Fund Name | Ticker(s) | Date Added |
---|---|---|
Advisorshares Vice ETF | ACT | 6/22/2020 |
Advisorshares Pure Cannabis ETF | YOLO | 6/22/2020 |
Advisorshares Pure US Cannabis ETF | MSOS | 3/10/2021 |
Alger Health Sciences Fund | AHSAX; AHSCX; AHSZX | 1/1/2017 |
AllianzGI Health Sciences Fund | RAGHX; RCGHX; HLHIX | 1/1/2017 |
ALPS Medical Breakthroughs ETF | SBIO | 1/1/2017 |
American Beacon ARK Transformational Innovation Fund | ADNPX; ADNYX; ADNAX; ADNRX; ADNCX; ADNIX | 6/11/2021 |
American Growth Cannabis Fund E | AMREX | 5/15/2020 |
Amplify Seymour Cannabis ETF | CNBS | 7/15/2020 |
ARK Genomic Revolution ETF | ARKG | 1/1/2017 |
ARK Innovation ETF | ARKK | 1/1/2017 |
Bain Acquision Corp | BLSA | 12/10/2021 |
Baron Health Care Fund | BHCFX; BHCHX; BHCUX | 1/1/2017 |
BlackRock Health Sciences Opportunities Portfolio | SHSAX; BHSRX; SHSSX; SHSCX; SHISX; SHSKX | 1/1/2017 |
Blackrock Health Sciences Trust | BME | 1/1/2017 |
Blackrock Future Health ETF | BMED | 4/22/2021 |
Consumer Staples Select Sect. SPDR (ETF) | XLP | 1/1/2017 |
Defiance Nasdaq Junior Biotechnology ETF | IBBJ | 4/22/2021 |
Delaware Healthcare Fund | DLHAX; LHIX; DLHCX; DLRHX | 1/1/2017 |
DWS Health and Wellness Fund | SCHLX; SUHAX; SUHIX; SUHCX | 1/1/2017 |
Direxion Daily Consumer Staples Bear 3X Shares | LACK | 1/1/2017 |
Direxion Daily Consumer Staples Bull 3X Shares | NEED | 1/1/2017 |
Direxion Daily Healthcare Bull 3X Shares | CURE | 1/1/2017 |
Direxion Daily Pharmaceuticals & Medical Bull 3X Shares ETF | PILL | 4/22/2021 |
Direxion Daily S&P Biotech Bull and Bear 3X Shares | LABU; LABD | 1/1/2017 |
Eaton Vance Worldwide Health Sciences Fund | ETHSX; ERHSX; ECHSX; EIHSX | 1/1/2017 |
ETFMG Alternative Harvest ETF | MJ | 1/1/2017 |
ETFMG Treatments Testing and Advancements ETF | GERM | 4/22/2021 |
ETRACS CMCI Food Total Return ETN | FUD | 10/21/2020 |
Eventide Healthcare & Life Sciences Fund | ETNHX; ETAHX; ETCHX; ETIHX | 1/1/2017 |
Fidelity Advisor Biotechnology Fund | FBTAX; FBTCX; FBTIX; FBTTX; FBTBX; FIJYX | 1/1/2017 |
Fidelity Advisor Consumer Staples Fund | FDAGX; FDIGX; FDCGX; FDTGX; FDBGX; FIJCX | 1/1/2017 |
Fidelity Advisor Health Care Fund | FACDX; FHCIX; FHCCX; FACTX; FIKCX | 1/1/2017 |
Fidelity Disruptive Medicine Fund | FMEDX | 8/11/2020 |
Fidelity MSCI Consumer Staples Index ETF | FSTA | 1/1/2017 |
Fidelity MSCI Health Care Index ETF | FHLC | 1/1/2017 |
Fidelity Select Biotechnology Portfolio | FBIOX | 1/1/2017 |
Fidelity Select Consumer Staples Portfolio | FDFAX | 1/1/2017 |
Fidelity Select Health Care Portfolio | FSPHX | 1/1/2017 |
Fidelity Select Medical Technology and Devices Portfolio | FSMEX | 1/1/2017 |
Fidelity Select Pharmaceuticals Portfolio | FPHAX | 1/1/2017 |
First Trust Alternative Absolute Return Strategy ETF | FAAR | 3/10/2021 |
First Trust Consumer Staples AlphaDex Fund | FXG | 1/1/2017 |
First Trust Health Care AlphaDEX Fund | FXH | 1/1/2017 |
First Trust Indxx Global Agriculture ETF | FTAG | 1/1/2017 |
First Trust Nasdaq Food & Beverage ETF | FTXG | 1/1/2017 |
First Trust Nasdaq Phamaceuticals ETF | FTXH | 4/22/2021 |
First Trust NYSE Arca Biotchnlgy Indx Fd | FBT | 1/1/2017 |
Franklin Biotechnology Discovery Fund | FBDIX; FTDZX; FRBRX | 1/1/2017 |
Franklin Genomic Advancements ETF | HELX | 4/22/2021 |
Global X AgTech & Food Innovation ETF | KROP | 12/10/2021 |
Global X Cannabis ETF | POTX | 7/15/2020 |
Global X China Biotech Innovations ETF | CHB | 4/22/2021 |
Global X Genomics & Biotechnology ETF | GNOM | 2/5/2021 |
Global X Health Wellness Thermatic ETF | BFIT | 5/15/2020 |
Global X Aging Population ETF | LNGR | 4/22/2021 |
Global X MSCI China Health Care ETF | CHIH | 1/1/2017 |
Global X Telemedicine & Digital Health ETF | EDOC | 4/22/2021 |
Goldman Sachs Future Health Care Equity ETF | GDOC | 2/14/2022 |
Invesco S&P 500 Equal Weight Health Care ETF | RYH | 1/1/2017 |
Hartford Healthcare HLS Fund | HIAHX; HBGHX | 1/1/2017 |
The Health Care Select Sector SPDR Fund | XLV | 1/1/2017 |
Hercules Capital, Inc. | HTGC | 4/22/2021 |
ICON Consumer Staples Fund | ICRAX; ICLEX | 1/1/2017 |
ICON Health and Information Technology Fund | ICTTX; ICTEX | 1/1/2017 |
Invesco DB Agriculture Fund | DBA | 3/4/2020 |
Invesco DWA Consumer Staples Momentum ETF | PSL | 2/14/2022 |
Invesco Health Care Fund | GGHCX; GTHIX; GTHCX; GGHYX | 1/1/2017 |
Invesco S&P 500 Equal Weight Consumer Staples ETF | RHS | 3/4/2020 |
Invesco S&P SmallCap Consumer Staples ETF | PSCC | 4/22/2021 |
iPath Dow Jones-UBS Cocoa ETN | NIB | 10/21/2020 |
iPath Series B Bloomberg Agriculture Subindex Total Return ETN | JJA | 10/21/2020 |
iPath Series B Bloomberg Coffee Subindex Total Return ETN | JO | 9/10/2020 |
iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN | BAL | 1/1/2017 |
iPath® Series B Bloomberg Grains Subindex Total ReturnSM ETN | JJG | 9/10/2020 |
iPath® Series B Bloomberg Sugar Subindex Total Return SM ETN | SGG | 9/10/2020 |
IQ Healthlly Hearts ETF | HART | 4/22/2021 |
iPath Series B Bloomberg Softs Subindex Total Return ETN | JJS | 9/10/2020 |
iShares U.S. Pharmaceuticals (ETF) | IHE | 1/1/2017 |
iShares U.S. Consumer Goods (ETF) | IYK | 1/1/2017 |
iShares Dow Jones US Health Care Providers (ETF) | IHF | 1/1/2017 |
iShares Evolved U.S. Consumer Staples ETF | IECS | 1/1/2017 |
iShares Evolved U.S. Healthcare Staples ETF | IEHS | 1/1/2017 |
iShares Evolved U.S. Innovative Healthcare ETF | IEIH | 1/1/2017 |
IShares Genomics Immunology and Healthcare ETF | IDNA | 2/5/2021 |
iShares MSCI Global Agriculture Producers ETF | VEGI | 1/1/2017 |
iShares NASDAQ Biotechnology (ETF) | IBB | 1/1/2017 |
iShares Global Consumer Staples (ETF) | KXI | 1/1/2017 |
iShares Global Healthcare (ETF) | IXJ | 1/1/2017 |
iShares US Healthcare (ETF) | IYH | 1/1/2017 |
iShares US Medical Devices (ETF) | IHI | 1/1/2017 |
Janus Henderson Global Life Sciences Fund | JFNAX; JAGLX; JNGLX; JFNIX; JFNCX | 1/1/2017 |
JHancock Multifactor Health Care ETF | JHMH; JHML; JHMM; JHSC; JHMD; JHEM | 1/1/2017 |
JNL/Mellon Capital Healthcare Sector | FVUSA000Y4 | 3/4/2020 |
John Hancock Multifactor Healthcare ETF | JHMS | 1/1/2017 |
John Hancock Variable Insurance Trust Health Sciences Trust | JEHSX | 1/1/2017 |
Kinetics Medical Fund | MEDRX; KRXAX; KRXCX | 1/1/2017 |
KraneShares Emerging Market Healthcare Index ETF | KMED | 4/22/2021 |
KraneShares MSCI All China Health Care Index ETF | KURE | 1/1/2017 |
Live Oak Health Sciences Fund | LOGSX | 1/1/2017 |
Loncar Cancer Immunotherapy ETF | CNCR | 2/5/2021 |
Loncar China Biopharma ETF | CHNA | 8/11/2020 |
Lord Abbett Health Care Fund | LHCAX | 1/1/2017 |
VanEck Vectors Biotech ETF | BBH | 1/1/2017 |
VanEck Vectors Pharmaceutical ETF | PPH | 1/1/2017 |
Microsectors Cannabis ETN | MJJ | 4/22/2021 |
MicroSectors Cannabis 2X Leveraged ETN | MJO | 4/22/2021 |
MLCX Grains ETN | GRU | 10/21/2020 |
Invesco Dynamic Biotechnology & Genome ETF | PBE | 1/1/2017 |
Invesco Dynamic Food & Beverage ETF | PBJ | 1/1/2017 |
Invesco DWA Healthcare Momentum ETF | PTH | 1/1/2017 |
Pacer BioThreat Strategy ETF | VIRS | 2/14/2022 |
PowerShares Dynamic Pharmaceuticals(ETF) | PJP | 1/1/2017 |
Invesco S&P SmallCap HealthCare ETF | PSCH | 1/1/2017 |
Principal Healthcare Innovators Index ETF | BTEC | 2/5/2021 |
ProFunds Biotechnology UltraSector Fund | BIPIX; BIPSX | 1/1/2017 |
ProFunds Consumer Goods Ultra Sector Fund | CNPIX; CNPSX | 1/1/2017 |
ProFunds Pharmaceuticals UltraSector Fund | PHPIX; PHPSX | 1/1/2017 |
ProFunds UltraSector Health Care Fund Investor Class | HCPIX, HCPSX | 1/1/2017 |
Proshares Pet Care ETF | PAWZ | 2/14/2022 |
ProShares Ultra Consumer Goods | UGE | 1/1/2017 |
ProShares Ultra Health Care | RXL | 1/1/2017 |
ProShares Ultra Nasdaq Biotechnology | BIB | 1/1/2017 |
ProShares Ultra Short Consumer Goods | SZK | 1/1/2017 |
ProShares UltraShort Health Care | RXD | 1/1/2017 |
ProShares UltraShort Nasdaq Biotech | BIS | 1/1/2017 |
Prudential PGIM Jennison Health Sciences Fund | PHLAX; PHSZX; PHLCX; PHLBX; PHLQX;PJHRX | 1/1/2017 |
Putnam Global Health Care Fund | PHSTX; PHSBX; PCHSX; PHSRX; PHSYX; PHLMX;PGHAX | 1/1/2017 |
ROBO Global Healthcare Technology and Innovation ETF | HTEC | 12/10/2021 |
RICI-Agriculture ENT | RJA | 3/10/2021 |
Rydex Biotechnology Fund | RYOIX; RYBOX; RYOAX; RYCFX | 1/1/2017 |
Rydex Consumer Products Fund | RYCIX; RYPDX; RYCAX; RYCPX | 1/1/2017 |
Rydex Health Care Fund | RYHIX; RYHEX; RYHAX; RYHCX | 1/1/2017 |
Saratoga Health & Biotechnology Portfolio Fund | SBHIX; SHPAX; SHPCX | 1/1/2017 |
Schwab Health Care Fund | SWHFX | 1/1/2017 |
Simplify Health Care ETF | PINK | 2/14/2022 |
SPDR S&P Biotech (ETF) | XBI | 1/1/2017 |
SPDR S&P Health Care Equipment ETF | XHE | 1/1/2017 |
SPDR S&P Health Care Services ETF | XHS | 4/22/2021 |
SPDR S&P Pharmaceuticals (ETF) | XPH | 1/1/2017 |
T Rowe Price Health Sciences Fund | PRHSX, THISX | 1/1/2017 |
T. Rowe Price Science and Technology Fund | PRSCX | 11/17/2021 |
Tekla Healthcare Investors | HQH | 1/1/2017 |
Tekla Healthcare Opportunities Fund | THQ | 1/1/2017 |
Tekla Life Sciences Investors | HQL | 1/1/2017 |
Tekla World Healthcare Fund | THW | 1/1/2017 |
Teucrium Agricultural Fund | TAGS | 7/15/2020 |
Teucrium Corn Fund | CORN | 7/15/2020 |
Teucrium Soybean | SOYB | 7/15/2020 |
Teucrium Sugar | CANE | 7/15/2020 |
Teucrium Wheat | WEAT | 7/15/2020 |
The Cannabis ETF | THCX | 7/15/2020 |
The Hartford Healthcare Fund | HGHAX; HGHCX; HGHSX; HGHIX; HGHRX; HGHTX; HGHYX; HGHVX; HGHFX | 1/1/2017 |
USA Mutuals Vitium Global Fund | VICEX; VICAX; VICCX; VICVX | 1/1/2017 |
VALIC Company I Health Sciences Fund | VCHSX | 1/1/2017 |
VanEck Future of Food | YUMY | 12/10/2021 |
VANECK VECTORS AGRIBUSINESS ETF | MOO | 1/1/2017 |
Vanguard Consumer Staples ETF | VDC | 1/1/2017 |
Vanguard Consumer Staples Index Fund | VCSAX | 1/1/2017 |
Vanguard Health Care ETF | VHT | 1/1/2017 |
Vanguard Health Care Fund | VGHCX | 1/1/2017 |
Vanguard Health Care Fund Admiral Shares | VHCIX; VGHAX | 1/1/2017 |
Virtus LifeSci Biotech Clincial Trials ETF | BBC | 1/1/2017 |
Virtus LifeSci Biotech Products ETF | BBP | 1/1/2017 |
Wisdom Tree Managed Futures Strategy Fund | WTMF | 3/10/2021 |