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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Sector Fund

Definition:

Seems sort of obvious, yeah? It's a mutual fund that invests in a particular sector, like tech or healthcare.

It's is the opposite of a diversified fund, which usually invests in lots of sectors or areas so that when one slides, you still have all those other investments holding the fund up.