Main Sector Rotation ETF (SECT)
Main Sector Rotation ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $73.03, up 0.50% on the session, giving a market capitalisation of $2.95B. Its beta of 0.97 implies it has historically moved less than the broad market.
This investment vehicle operates as a "fund of funds," allocating its capital into various exchange-traded funds (ETFs) focused on specific market sectors. Its primary goal is achieved by actively shifting investments between different sectors. The portfolio manager dedicates significant research to selecting appropriate sectors, conducting in-depth analyses of the sectors, industries, and their smaller components held by the fund. Sectors are chosen by the Adviser based on their assessment of undervaluation and potential for positive performance triggered by financial market events. Holdings are divested once they reach their predetermined price target or when the Adviser determines they are no longer considered undervalued.
Main Sector Rotation ETF is most often compared with the following Financial Services names: