Did you ever wonder why similar companies like Comcast and Disney, owners of NBC and ESPN, are in different industries from other Communications firms, like AT&T and Facebook? We wondered that too. Wall Street, finally, has agreed to put all of these communication companies under one umbrella. For those of you that hold our Exchange-traded Fund strategies, we made that change in July. We added a Communication Services fund, reducing two other holdings, all months before the September 21st date that the industry changes.
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