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Sector fund |
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Sector fundA mutual fund or unit trust which invests in a specific sector such as Chemicals or Telecommunication Services.Sector fundA mutual fund that concentrates on a relatively narrow market sector. These funds can experience higher share price volatility than some diversified funds because sector funds are subject to common market forces specific to a given sector.Sector fund Similar MatchesPublic Sector Net Cash RequirementPublic Sector Net Cash RequirementFormerly known as Public Sector Borrowing Requirement (PSBR), PSNCR is the difference between the expenditure of the public sector and its income. Where there is a deficit it is financed by borrowing - principally via the sale of government gilt edged stocks (gilts).Public sector net borrowing also measures the difference between the expenditure and income of the public sector but differs from the net cash requirement in that it is measured on an accruals basis whereas the net cash requirement is mainly a cash measure. Sector rotationSector rotationAn active asset management strategy certain sectors, that tactically overweights and underweights depending on expected performance. Sometimes called rotation. SectorSectorUsed to characterize a group of securities that are similar with respect to maturity, type, rating, industry, and/or coupon. Intramarket sector spreadIntramarket sector spreadThe spread between two issues of the same maturity within a market sector. For instance, the difference in interest rates offered for five-year industrial corporate bonds and five-year utility corporate bonds. Intermarket sector spreadIntermarket sector spreadThe spread between the interest rate offered in two sectors of the bond market for issues of the same maturity. Further SuggestionsTax exempt sectorSector diversification Market sectors Sector allocation sector Sector, Inc. Public Sector Borrowing Requirement |
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