In The News

Frank Holmes: Airlines Were Taking Off Before the Decline in Oil Prices

from Yahoo! Finance

Frank Holmes sits down with Aaron Task of Yahoo! Finance to discuss the newly-launched, U.S. Global Jets ETF (NYSE: JETS). Frank says that the once-struggling airline industry had already begun to improve even before the decline in oil prices, thanks to massive consolidation and other structural changes. But now that oil has fallen, airlines have seen a huge increase in free cash flow, making them an attractive asset class.

Find out why else investors might be interested in this smart-beta ETF!

Article summary written by U.S. Global Investors.