Sector Equity Fund

(redirected from Sector Equity Funds)

Sector Equity Fund

A mutual fund or other fund that invests predominantly or exclusively in stocks in a single industry or sector. For example, a sector equity fund may invest only in energy companies, or, even more narrowly, only in natural gas companies. Sector equity funds perform well when their industries perform well, but they are risky because there is little attempt at diversification.
References in periodicals archive ?
NYSE: FF) (or the "Fund") announced that it received a Lipper Performance Achievement Certificate based on its #1 Rank in the Lipper Closed-End Equity Fund Performance Analysis for Sector Equity Funds based on the ten-year period ending December 31, 2005.