Focus Sectors
Consumer Durables
This sector includes companies that manufacture and sell long-lasting consumer goods such as automobiles, appliances, electronics, and furniture. These companies are often cyclical, meaning their performance is tied to economic cycles.
Consumer Non-Durables
This sector encompasses companies that produce and sell goods that are consumed relatively quickly, like food, beverages, and personal care products. These companies are typically less cyclical than consumer durables.
Consumer Services
This sector includes companies that provide services directly to consumers, such as restaurants, hotels, airlines, and entertainment companies. These companies are often sensitive to economic conditions and consumer spending habits.
Electronic Technology
This sector includes companies that manufacture and sell electronic equipment and components, such as semiconductors, computer hardware, and telecommunications equipment. This sector is highly innovative and often experiences rapid technological change.
Energy - Minerals
This sector includes companies involved in the exploration, production, and distribution of oil, natural gas, and other energy resources. This sector is heavily influenced by commodity prices and geopolitical events.
Finance
This sector includes banks, insurance companies, investment firms, and other financial institutions. This sector is highly regulated and its performance is often tied to interest rates and economic conditions.
Utilities
This sector includes companies that provide essential services, such as electricity, gas, and water. These companies are often regulated monopolies and their performance is relatively stable.
Transportation
This sector includes companies that provide transportation services, such as airlines, railroads, and trucking companies. This sector is often cyclical and its performance is tied to economic conditions and fuel prices.
Retail Services
This sector includes companies that sell goods directly to consumers, such as department stores, grocery stores, and specialty retailers. This sector is often sensitive to consumer spending habits and economic conditions.
Producer Manufacturing
This sector includes companies that manufacture durable goods, such as automobiles, machinery, and electronics. This sector is often cyclical and its performance is tied to economic conditions.
Process Industries
This sector includes companies that process raw materials into finished products, such as chemicals, paper, and steel. This sector is often capital-intensive and subject to environmental regulations.
Non-Energy Minerals
This sector includes companies that mine and process non-energy minerals, such as metals and industrial minerals. This sector is influenced by commodity prices and global demand for raw materials.
Industrial Services
This sector includes companies that provide services to businesses, such as transportation, logistics, and consulting. This sector is often tied to the overall health of the economy.
Health Technology
This sector includes companies that develop and manufacture medical devices, pharmaceuticals, and biotechnology products. This sector is driven by innovation and regulatory approvals.