The luxury sector is a very attractive sector to invest in (pun intended). The vast majority of the companies that operate in the sector are cash generating, high margin businesses that cannot easily be imitated or displaced. They are also mostly western-based* companies that are well regulated and transparent, yet at the forefront of aspirational spending in the developing world.
*Typically 97% of holdings in Luxury are traded on the US or European stock exchanges. Click on the Performance page above to see more.