Source provides exposure to US sectors

Source collaborated with Standard and Poors' to create the S&P Select Sector Capped 20% index range, a Ucits version of the index provider's select sector index offering. The constituents of the indices are part of the S&P 500 index and are weighted by their float-adjusted market capitalisation, capped at 20%. The funds track nine of these new indices based on consumer discretionary, consumer staples, energy, financials, healthcare, industrials, materials, technology and utilities. Source says due to restrictions on the holding or trading of US listed funds, many European investors...