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Glossary

Cyclical sectors

Stocks in these sectors see major fluctuations in earnings depending on growth cycles; their share prices can be very volatile. Some examples of cyclical sectors are oil, construction and automotive IT, capital goods. Some examples of non-cyclical sectors are retail, pharmaceuticals, consumer goods, food.

(Source: Ostrum Asset Management)

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On 3 April 2018, Natixis Asset Management became Ostrum Asset Management.