Industry-specific funds attempt to capture the movements of a single industry. Industry-specific mutual funds will usually limit themselves to investing in particular industries. There are thousands of such funds.
Their focus can be very broad (such as technology - here) or very narrow (such as solar energy - here). Investors who would like to gain exposure to specific industries to round out their portfolios can do so with an industry-specific fund which offers diversification among many different holdings in an industry, as opposed to one or two stocks in an industry.
If an investor is not very educated about a particular industry, or does not have time to keep up with it, the fund managers at an industry-specific fund will take care of the decision-making and industry research.
Some annuities have death benefit riders that may give your beneficiaries more than was actually in your account
Fixed annuities are products that give the purchaser of the annuity the guarantee of fixed income payments for life
A SIMPLE IRA is a type of retirement plan for small businesses
The assets within the ABS generally tend to consist of different kinds of debt receivables, such as credit cards...
Blockchains use distributed ledgers, which are decentralized and do not rely on centralized databases. Databases are the traditional way to store information and to keep it secure
The Symmetrical Triangle Top pattern forms when a currency pair price fails to retest a high or low and forms two trend lines
Operating leverage is a measure of how critical each sale of a company is to overall cash flow
Accounting policies are the internal controls of a company which stipulate the methods by which the books will be kept
Accounts Payable are the short-term expenses and debts that a company must pay out in the near future
Account activity is any credit or debit activity in a checking or savings account, or dividends in an investment account