3 Sector Funds to Pile Into Now
These ETFs and mutual funds are poised to outperform as we enter the home stretch of 2013
Industrials Sector Funds
Weak global economic growth has been a headwind for manufacturing all year long, but that hasn’t kept the industrials sector down. Indeed, it’s put up a total return of 27% in 2013.
Now that Europe has emerged from recession and we’re getting signs of a pick up in Asia, industrials should have some wind at their backs.
Top Sector ETF — Vanguard Industrials ETF (VIS): Top holdings include blue-chips like General Electric (GE) and 3M (MMM), and — as always — Vanguard’s prices are hard to beat. Expenses come to 0.14%.
Top Sector Mutual Fund — Fidelity Select Industrials Fund (FCYIX): Top holdings include Danaher (DHR) and Union Pacific (UNP). Like other Fidelity sector funds, it’s killing its benchmark this year and expenses of 0.84% are more than reasonable for an actively managed fund.
As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.
Article printed from InvestorPlace Media, http://investorplace.com/2013/09/3-sector-funds-to-pile-into-now/.
©2014 InvestorPlace Media, LLC