GICS stands for Global Industry Classification Standard. It enables market participants to do which of the following?

GICS stands for Global Industry Classification Standard. It enables market participants to do which of the following?

• A. Identify securities
• B. Capture and assess industry trends, compare sector exposures versus peers or benchmarks, pinpoint opportunities, analyze contributions, construct sector strategies
• C. Set monetary policy
• D. Trade only ETFs

Answer: (B)