Sectors has a particular significance in relation to IG's platform. Here, we define sectors in general investing and explain what it means to you when trading with IG.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.
Sectors definition
Sectors are divisions within an economy or market, useful for analysing performance or comparing companies with similar outputs and characteristics.
Economies tend to be split into four sectors, consisting of:
- Agriculture and mining
- Manufacture
- Retail, entertainment and financial services
- Education
Sectors aren’t always country-wide; larger economic areas (like the European Union) or smaller ones (like a city) can also be split into sectors.
Many investors believe that it is risky to focus investment too heavily on a single sector. The strategy of investing in several different areas of an economy is called diversification.
Companies also get categorised by sectors, such as oil and gas, technology, utilities or healthcare. It is possible to invest in a sector with exchange traded funds (ETFs).
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