Sector Funds? Bad Idea
ML Research Desk 07 April 2006

The three-year record of sector funds is uninspiring as ML Research Desk finds out

Focus and concentration are powerful tools while investing. If you had bought a bunch of bank stocks in 2003 or construction companies in 2004, you would have recorded extraordinary gains. And since identifying the right sector is virtually the key to stock market success, focusing on winning sectors seems an...

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