The availability data refers to the day of data collection at each particular facility in subsectors of the country and may not reflect average monthly or yearly availability of medicines at individual facilities or throughout the entire country.
Such places, the argument goes, can tailor their rules more closely to the needs of particular sectors or subsectors than large countries can.An example is "captive" insurance, corporate self-insurance of risks that would be difficult to insure in the usual way.
"We begin to look at niches or subsectors of our particular industries," Mr. Vroom said, "and then we look for different companies to fill those subsectors".
So Cassidy stakes his claim to the "dot-com history" category, and in certain subsectors of this market he succeeds quite nicely.
The three newest Holdrs focus on subsectors of the Internet: business-to-business e-commerce; infrastructure, which includes software and services companies, and architecture, which includes hardware companies.
It has much lower debt to GDP ratios in each of its three private subsectors of around 54% to 70%, with public debt at a higher 80% with a current account surplus.
Whole subsectors of technology imploded, like semiconductor equipment, when South Korea's currency got trashed.
Fidelity has over 40 sector funds, a full eight or nine of which are subsectors of technology.
But if you started to see what happened in subsectors of the Russell in 2001, you started seeing meaningful improvements in valuation.
In 16 years as manager, Edward Owens has skillfully negotiated his way among the subsectors of drug, biotech and health care services like testing facilities, which move independently of and often in opposition to one another.
