"Diversified funds" does not include sector funds.
5 ILCS 420/1-104.5
"Diversified funds" means investment products, such as mutual funds, exchange traded funds, or unit investment trusts, that invest in a wide variety of securities across multiple sectors or asset classes
Known as the Illinois Governmental Ethics Act
The act spans §§ 5-420-1-101 to 5-420-1-121 (29 sections).
P.A. 102-664, eff. 1-1-22.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.