Forbes magazine recently tasked their investor panel with the challenge of coming up with sectors and ETFs to buy and hold in anticipation of the next up cycle.
In the article Funds to Hold Through 2014, David Serchuk cites the chief investment strategist for Deutsche Bank’s DWS Securities who is looking for the Dow to hit an all-time high within the next 5 years. He believes that the coming global boom is likely to benefit financials, energy, materials, industrials and technology the most.
ETFs that provide exposure to these sectors include the iShares S&P Global Energy Sector Index Fund (IXC) and Vanguard Energy ETF (VDE) for energy. For financials, the Forbes panel likes iShares S&P Global Financial Sector Index ETF (IXG) and the Vanguard Financials ETF (VFH).
Technology ETFs mentioned include the iShares S&P Global Technology Sector Index Fund (IXN), Vanguard Information Technology ETF (VGT) and the Vanguard Telecommunications Services ETF (VOX).