This second part has one chapter for each GICS sector. The format of each chapter is the same and is as follows:
- Each chapter begins with the sector’s definition and gives as examples its largest companies.
- Then two following sections correspond to companies in the S&P 500 and the Russell 2000.
- For each reference set, the individually relevant factors are listed and a strategy is proposed. Each strategy is simulated on 15 years without, then with, hedging. The hedging tactics have been previously discussed.
- The performance consistency is evaluated through three, five-year periods, and is followed by a short comment.
There are 10 sectors, therefore 10 chapters, and an eleventh chapter about ...