Chapter 5. Slicing and Dicing: Sector ETFs
I usually devote about three hours a week to research. Years ago, I spent a lot more time than I do now, but what I’ve found is that you’re just spinning your wheels and making it worse. | ||
| --ETF investor Tom Lawrence | ||
On January 23, 2007, the ETF company HealthShares had the fund world buzzing when it launched its series of narrowly focused health-related funds on the New York Stock Exchange (NYSE). Each fund consists of a combination of small-, mid-, or large-cap companies focused on a therapeutic “vertical,” or a subsegment of the health-care, life-science, and biotechnology industries.
Jeff Feldman, the founder and chairman of XShares and creator of HealthShares, got the idea for the fund in 1999 while ...
Get iMoney: Profitable ETF Strategies for Every Investor now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
