Sector Equity Fund

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 ?
Al Meezan also manages Pakistan's largest private sector Equity Fund i.
Al Meezan has to its credit Pakistan's largest private sector Equity Fund i.
Al Meezan also has to its credit Pakistan largest private sector Equity Fund i.
Al Meezan has to its credit the industry's largest private sector equity fund, Meezan Islamic Fund (MIF) along with the largest Voluntary Pension Fund (VPS) scheme with AUMs of Rs27.
Thus MIF, the largest private sector equity fund in Pakistan with net assets of about Rs.
Separate from all that, sector equity funds had inflows of $8 billion.
10 billion also flowed to sector equity funds, with the Select Sector SPDR Energy ETF garnering $2 billion of net new cash.