• How a Tech Stock Shakeup on Monday Could Have a Big Impact on ETF Investors

    29 days ago - By Fortune

    For years, buying exchange-traded funds focused on, say, the technology sector has offered a simple buy-and-hold investment strategy for individual investors who wanted exposure to surging tech giants like Facebook and Alphabet .
    Come Monday, that simple approach is about to get more complicated. And investors who have money in ETFs based on the S&P 500's tech, telecom, and consumer sectors will need to take note.
    S&P Global Ratings and MSCI oversee a kind of corporate taxonomy, known as the Global Industry Classification Standard , which groups individual companies into sectors. On...
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