|Berkshire Hathaway significantly added to its positions in the big four domestic airline carriers—American, Delta, Southwest and United—according to a regulatory filing for the last quarter of 2016.
Warren Buffett learned recently what we’ve been saying for a while…
After investing billions into the big four domestic airlines stocks, Berkshire is actually the second-largest holder of American Airlines.
Whether you are just now learning about investment opportunities in the airline industry, or have been following them for some time, you won’t want to miss this webcast event for the latest updates.
You’ll learn what’s new with:
Approved for one hour of continuing education (CE) CFP credit for live attendees.
|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. 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. 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.
Fund holdings and allocations are subject to change at any time and are not recommendations to buy or sell any security. Click here for fund holdings.
U.S. Global Investors is not affiliated with Warren Buffett or Berkshire Hathaway.