Services Sector ETF

Categories: Index Funds

See: Exchange-Traded Fund (ETF).

What services? Well, law firms are a service. But not many are publicly traded. Banks are a service. At least...investment banks are. Sorta. There are oil and gas processing services. That might count.

The key notion: the services sector is about people (professionals)...doing stuff. It's not about robots manufacturing items or units for sale in and around stores. Less leverage in business operations. Just sales of human time...with a markup.

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Finance: What is a Sector Fund?5 Views

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Finance allah shmoop What is a sect or fund All

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right Well star wars and star trek captains are all

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these barking about setting coordinates for sector for stat or

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whatever they say That means urgent in the future right

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We'll hear space here's sector four and it's Ah well

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kind of a slice of space Ok now come back

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to earth gently And as it applies to mutual funds

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it's kind of the same notion that is A sector

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comprises a particular discipline of investing Like think of it

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like a slice of the s and p five hundred

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Like one sector of the economy is banking Another is

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tech Another is telecommunications And then there's oil and transport

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And consumer durables in each of these areas has hundreds

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of ways in which investors can invest in that particular

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sector That is there are index funds that invest in

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it Yeah Mutual funds hedge funds private equity funds Even

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venture capital funds Each of whom has a particular discipline

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or focus on lee in one sector More less so

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why would you want to sector fund Well if you

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believe that oil was about tohave an explosion in demand

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the good kind of explosion Then you'd want to beam

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or exposed to it financially at least to its upside

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Then say you would technology which you feel has gotten

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too expensive in the markets And its best days are

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behind it It's A little like putting several of your

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eggs into one particular basket because you really like that 00:01:30.519 --> [endTime] basket

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