Andy Hagan of ETF Reference digs deeper into the recently launched U.S. Global Jets ETF (JETS) by asking Frank Holmes why he feels now is the time to take advantage of investing in global airline names. Frank says that for starters, he thinks ETFs are the new wave of how money is being invested, and in regards to JETS, he’s witnessed numerous constructive changes taking place in the industry. Along with cost-cutting and consolidation, ancillary fees are up, and with the expansion of the middle class, international travel is in demand.
Article summary written by U.S. Global Investors.