I am thinking about investing for the first time. How can I search for a fund within a certain industry?
closed as off-topic by Nathan L, Dheer, JoeTaxpayer♦ Feb 22 '17 at 15:09
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking product or service recommendations are off-topic because they tend to become obsolete quickly. Instead, describe your situation and the specific problem you're trying to solve." – JoeTaxpayer
Index funds aim to generate the same rate of return as an underlying market index. Tracking a certain industry would expose you to risks specific to that industry and likely not be a good approach. If you happen to be in Canada, The Canadian Couch Potato gives several recommendations for index investors and has many other informative articles.