3Mon·

Hey, why does $EUZ (+0.98%) part of information technology? It's actually pharma, isn't it? @Kundenservice

8 Comments

Seventrader@7Trader

3Mon

There are some companies that I think are buzzing in the wrong sector

•

news03@user03

3Mon

@7Trader yes, in my opinion Visa is also more of a financial sector than IT, although some really do assume more about IT

••

Staatsmann@Staatsmann

3Mon

Because getquin uses TRBC and not GICS or ICB. According to TRBC, it is IT. 😅

https://help.getquin.com/de/articles/8329762

•

news03@user03

3Mon

@Staatsmann yes, but can't getquin talk to them and pass that on? Unfortunately, it always distorts the portfolio aggregation, I supposedly have 40% IT 😅

••

Staatsmann@Staatsmann

3Mon

@User03 Your entire portfolio is categorized at getquin according to TRBC.

As long as there is no single mandatory standard, there will be differences everywhere.

Therefore, it would first have to be explained what would be "correct"?
GICS? ICB? TRBC? Or one of the many other classification systems?

•

news03@user03

3Mon

@Staatsmann it would be great if you could set it yourself

••

Kundenservice von getquin@Kundenservice

3Mon

According to Thomson&Reuters, $EUZ falls under the IT sector and not pharmaceuticals in accordance with TRBC.
As there is no uniform and mandatory standard for classification, there are always differences in allocation.

•

news03@user03

3Mon

@Kundenservice yes, unfortunately...I count them more as pharma, I think many others do too

••