Frank Holmes talks with Business News Network (BNN) live in Toronto to explore the details of the U.S. Global Jets ETF (JETS) that launched on April 30 and invests in the global airline industry. Frank explains that this smart beta ETF is made up not only of airline names, but also airports and airline manufacturers. What makes JETS a global investment is its 80-percent exposure to domestic names along with its 20-percent exposure to international names.
You can tune in to the replay, “Finding Big Profits in Airline Stocks,” on BNN.ca.
Article summary written by U.S. Global Investors.
All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice.
The U.S. Global Jets Index seeks to provide access to the global airline industry. The index uses various fundamental screens to determine the most efficient airline companies in the world, and also provides diversification through exposure to global aircraft manufacturers and airport companies. The index consists of common stocks listed on well-developed exchanges across the globe. It is not possible to invest directly in an index.