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In other words, they assess the effectiveness of a set of related activities in terms of achieving specific country-level development results, usually of a selected sector or sub-sector.
The Materials Select Sector SPDR, an exchange-traded fund that tracks the sector, gained $1.46, or 6.7%, to $23.39.
One of Murphy's latest bullish recommendations is the Materials Select Sector SPDR, an exchange-traded fund that tracks the performance of the materials sector.
Utilities Select Sector SPDR ETF is the perfect addition to a crash-proof portfolio.
The new funds being introduced by State Street and Barclays -- like existing Select Sector S.P.D.R.'s and World Equity Benchmarks, or WEB's, which track particular foreign markets -- will be structured as open-end funds, avoiding the cash drag problem.
Utilities Select Sector SPDR ETF is comprised of 100% utility stocks.
Fourteen out of 19 fared as well on the Select sector fund front.
In the past 12 months, the Utilities Select Sector SPDR is up more than 8%.
Both the Energy Select SPDR and the Materials Select Sector SPDR have been trading sideways since November.
Materials Select Sector SPDR (amex: XLB) is now up, year-to-date, about 17%.
It offers 44 actively managed Select sector funds, the industry's largest lineup of sector mutual funds.
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