Saturday, January 10, 2015 12:49:09 AM
U.S. Global Investors will serve as the adviser for the U.S. Global Jets ETF, which is expected to track an index that includes 25 to 40 airlines and have an expense ratio of 0.6%. Prior airline ETFs with the tickers FAA and FLYX shut down after they didn't attract much money. Some investors longed for an airlines ETF in 2014, but Murphy's Law tells us that "by the time another one rolls around, the industry will start faltering," wrote Bloomberg's Eric Balchunas in a blog post in July. ETF Trends first reported on the filing for JETS."
http://www.marketwatch.com/story/sign-of-a-top-for-airlines-new-airlines-etf-in-the-works-2015-01-05
Recent JETS News
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- U.S. Global Investors Reports Strong Results for December Quarter • GlobeNewswire Inc. • 02/08/2024 09:05:00 PM
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