The Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Materials Select Sector Index. Under normal market conditions ...

The strategist highlights "value type stocks," like materials (XLB), industrials (XLI), heavy machinery, and consumer discretionary (XLY) sectors, as "companies that really need the economic wind ...

The S&P 500’s materials sector (NYSEARCA:XLB), which has a 2.4% weightage on ... reward profile amidst increasing competition among car manufacturers." Assuming the Fed cuts its policy rate ...