Folate, also sometimes known as folic acid, helps form the genetic material DNA and RNA -- the blueprints for our bodies. As such, folate is vital to growth, which is why it's especially important for pregnant women. Folate has many benefits specific to women. In addition to helping create healthy fetuses, it also seems to prevent cervical cancer and can reduce osteoporosis. But it has benefits for both genders as well. Folate, like many vitamins and nutrients, helps combat heart disease. It also releases serotonin, which makes it act as a mild antidepressant.