The trade body for the investment management industry, the Investment Association (IA), has conveniently defined 33 different sectors of the market.
Each sector has a clear definition, stipulating which investments can and can’t be included, and if a fund wants to be listed in that sector it has to stick to the rules.
For example, a fund listed in the Tech and Telecomms sector can’t start putting some of its money into property – because that’s not what it was set up to do.
All of the Saltydog data uses these sectors for making the most important decisions, and picking the right sector is the key to getting the best returns with the Saltydog system.
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