U.S. Global Investors Announces Record Inflows into Its Airlines ETF, the U.S. Global Jets ETF (JETS) - Seite 2

Air Travel Has Been Resilient to Economic Shocks, Volatile in the Short Term 

Air travel has proved to be remarkably resilient to external shocks over the decades, whether they be oil crises, wars, terrorist attacks or pandemics. In the short term, the industry is expected to be volatile.

Such events may have temporarily halted the increase in the number of passengers that take to the skies every year, but once the crisis was behind us, growth tended to resume. In 2018, the most recent year of data, the number of people who traveled at least once by plane hit an incredible 4.3 billion. We expect this number to continue to grow—perhaps not in the near term, but in the years to come. That’s especially the case as the size of the global middle class continues to expand.

 

Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary prospectus by visiting www.usglobaletfs.com. Read it carefully before investing.

Past performance does not guarantee future results. 

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Because the fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The fund is non-diversified, meaning it may concentrate more of its assets in a smaller number of issuers than a diversified fund. The fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. The fund may invest in the securities of smaller-capitalization companies, which may be more volatile than funds that invest in larger, more established companies. The performance of the fund may diverge from that of the index. Because the fund may employ a representative sampling strategy and may also invest in securities that are not included in the index, the fund may experience tracking error to a greater extent than a fund that seeks to replicate an index. The fund is not actively managed and may be affected by a general decline in market segments related to the index. Airline companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for air travel and may also be significantly affected by changes in fuel prices, labor relations and insurance costs.