U.S. Global’s Jets ETF Expands Reach with New Listing on Colombian Securities Exchange

Proactive - Interviews for investors

U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to announce a significant development for the company’s airlines-focused fund, the U.S. Global Jets ETF. This fund, which has gained considerable attention since its inception, has now secured a listing on the Colombian Securities Exchange, Bolsa de Valores de Colombia. This move marks a strategic expansion for the ETF, further solidifying its footprint across Latin America and providing Colombian investors with seamless access to the fund. Originally launched on the New York Stock Exchange in 2015, the U.S. Global Jets ETF has steadily increased its global presence. The fund first expanded into Latin America in 2020 with approval for trading on the Lima Stock Exchange in Peru. Following this, in 2021, the ETF made its entry into the Mexican market. Now, with the listing in Colombia, the ETF is poised to attract a new wave of investors in a region where the airline industry is increasingly recognized as a vital economic driver. During the interview, Holmes highlighted Colombia's impressive recovery and growth in the tourism sector, citing insights from the Organization for Economic Cooperation and Development (OECD). According to the OECD, Colombia has emerged as the global leader in terms of the most positive percentage change in international tourist arrivals. Despite the global challenges posed by the pandemic, Colombia saw a 4% increase in tourist numbers between 2019 and 2022, a remarkable achievement at a time when most countries were still grappling with the impact of the health crisis. Holmes emphasized the Colombian government's commitment to making tourism a cornerstone of its economy, with ambitious plans to attract 7.5 million non-resident visitors by 2026. This focus on tourism aligns with broader global trends, as reported by the World Travel and Tourism Council (WTTC), which noted that the travel sector contributed 9% to the global economy last year. This contribution represents a substantial 23.2% increase from 2022, underscoring the resilience and growing importance of the travel industry worldwide. #proactiveinvestors #usglobalinvestorsinc #nasdaq #grow #etf #jets #travel #colombia #FrankHolmes #JETSETF #ColombianStockExchange #LatinAmericanMarkets #DigitalNomads #AirlineInvesting #TourismGrowth #InvestmentStrategy #ProactiveInvestors#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews