Definitions for "Sector Funds"
Specialised funds, which limit their investments to a specific industry or economic sector, e.g. technology, real estate or health care.
Mutual funds that invest in equities from one sector of the market such as pharmaceutical, biotechnology or precious metals.
Sector Funds are mutual funds that are established to focus and invest in the stocks of specific sectors of the economy, such as pharmaceuticals, chemicals, or information technology. This is normally specified in the offer document of the funds.