I am thinking about investing for the first time. How can I search for a fund within a certain industry?

  • Can you add a country tag. Most countries would have standard sites that would list popular funds. – Dheer Feb 22 '17 at 10:06
  • Index funds are (generally) a specific investment approach of a mutual fund, which is the more general term. So the question breaks down into two parts: First, how to find mutual funds which are available to you; Second, how to determine whether a given mutual fund is an index fund (if it is not obvious from the name). I suggest breaking your question into two accordingly, in addition to adding the country tag that Dheer suggests. – a CVn Feb 22 '17 at 10:20
  • @dheer I was thinking worldwide – Lumo5 Feb 22 '17 at 14:23
  • I added the tag "world" – Lumo5 Feb 22 '17 at 14:24

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.

  • I was planning to buy a lot of different funds so that I can protect myself through diversification. I want to specifically invest in vaping because I believe it will be popular. I want to specifically invest about 5% of my money in fund that deals with vaping companies. I will check out the site. – Lumo5 Feb 22 '17 at 14:27
  • okay, that really isn't an index-based approach though :) You're betting on a very small segment of the market where as index-investing is a slow-and-steady approach that follows the general trend of a whole market to increase over longer time spans. – Kim Feb 22 '17 at 15:50

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