Questiоn:A pоrtfоlio mаnаger oversees а $2 billion U.S. equity portfolio. After a strategy review, the manager wants to reduce exposure to the healthcare sector by $200 million and increase exposure to the technology sector by $200 million. The portfolio manager prefers not to buy and sell hundreds of individual stocks. Instead, the portfolio manager asks you how this can be accomplished using the derivatives market. What instrument should be used, how would the trades be structured, and what are the advantages and limitations of this approach?