SEA Profile
The U.S. Global Sea to Sky Cargo ETF is designed to provide investors with exposure to global transportation and logistics sectors, focusing on marine shipping, air freight, and port operations. The ETF tracks an index composed of publicly listed common stocks or depositary receipts from companies involved in these sectors, spanning both developed and emerging markets. This broad approach captures a wide range of cargo and logistics activities worldwide, from large multinational corporations to smaller specialized firms.
The index includes a diverse array of companies that operate in the marine shipping industry, encompassing those involved in the transportation of goods by sea. It also covers firms engaged in air freight and courier services, which play a crucial role in the global supply chain by ensuring the swift movement of goods across international borders. Additionally, the index features companies operating ports and harbors, which are integral to the logistics infrastructure that supports global trade.
Under normal circumstances, the fund commits at least 80% of its net assets, including any borrowings for investment purposes, to securities of companies within the cargo and logistics sectors. This substantial allocation ensures that the ETF remains closely aligned with its investment objective, focusing on the performance of companies that are key players in the global transportation network. By investing in this ETF, investors gain targeted exposure to a vital and dynamic industry that facilitates international trade and commerce.
The U.S. Global Sea to Sky Cargo ETF is non-diversified, meaning it may have significant exposure to a smaller number of companies or sectors within its index. This focused approach allows for targeted investment in the cargo and logistics industries, but it also implies higher exposure to sector-specific risks. Investors looking to capitalize on the growth and trends within global transportation infrastructure will find this ETF an attractive option, reflecting the essential role that shipping, air freight, and port operations play in the global economy.
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