Listed Options Available for the U.S. Global Jets ETF
26 Mai 2015 - 6:37PM
Business Wire
Listed options are now available to market participants on the
U.S. Global Jets ETF (NYSE: JETS), the only global airline industry
ETF on the market. Using options tied to JETS, investors have
additional opportunities to gain exposure to the airline industry
with a smaller capital requirement.
Numerous options strategies can be utilized to gain access to
the airline industry such as:
- covered call writing
- entering into call spreads
- buying puts
These are merely examples of the additional opportunities now
available. Keep in mind such strategies will vary among different
investors and in different markets.
JETS is a smart beta, passively managed fund that is designed to
track the U.S. Global Jets Index. Candidates for inclusion must be
members of the airlines, aircraft manufacturing, or airports &
terminal service industries. Since its April 30 launch date, assets
in JETS have grown to over $17 million.
About U.S. Global Investors, Inc.
U.S. Global Investors, Inc. is an innovative investment manager
with vast experience in global markets and specialized sectors.
Founded as an investment club, the company became a registered
investment adviser in 1968 and has a longstanding history of global
investing and launching first-of-their-kind investment products.
U.S. Global Investors is well known for expertise in gold and
precious metals, natural resources and emerging markets.
Since 1989, U.S. Global Investors has been led by CEO Frank
Holmes, who purchased a controlling interest in the company that
same year. U.S. Global Investors is a publicly traded company
(NASDAQ symbol: GROW) headquartered in San Antonio, Texas.
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 or by calling 844.ETF.JETS (844.383.5387).
Read it carefully before investing.
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.
Distributed by Quasar Distributors, LLC. U.S. Global Investors
is the investment adviser to JETS.
All opinions expressed and data provided are subject to change
without notice. Opinions are not guaranteed and should not be
considered investment advice. By clicking the link(s), you will be
directed to a third-party website(s). U.S. Global ETFs does not
endorse all information supplied by this/these website(s) and is
not responsible for its/their content.
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.
Smart beta refers to investment strategies that emphasize the
use of alternative weighting schemes to traditional market
capitalization based indices.
Call writing is when an investor receives a premium and takes
on, for a specified time, the obligation to sell the underlying
security at a specified price at the call buyer’s discretion.
Put buying is when an investor pays a premium for an option
contract and receives, for a specified time, the right to sell the
underlying security at a specified price.
Entering into a call spread is an option investor’s position in
which the investor buys a call on a security and writes a call on
the same security but with a different expiration date, exercise
price or both.
The fund may also use options which have the risks of
unlimited losses of the underlying holdings due to unanticipated
market movements and failure to correctly predict the direction of
securities prices, interest rates and currency exchange rates. The
investment in options is not suitable for all investors.
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U.S. Global Investors, Inc.Susan Filyk, 210-308-1286Investor
Relationssfilyk@usfunds.com
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