Sector Funds Invest in the Broad Market Index

question 82

True/False

Sector funds invest in the broad market index.

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Definitions:

Spider

A component within a differential of a vehicle that allows for the distribution of power to the wheels, enabling them to rotate at different speeds.

Hypoid Gears

Gears in which the gear faces are non-parallel and non-intersecting, allowing for smoother and quieter operation, typically used in automotive rear axles.

EP Rated

Stands for Extreme Pressure Rated, indicating that a lubricant or oil has additives that provide protection under high pressure and load conditions.

Crown Gear Teeth

The projections on the circumference of a crown gear that mesh with other gear components to transmit torque.