U.S. Global Investors, Inc. has listed its U.S. Global Sea to Sky Cargo ETF on the Mexican Stock Exchange, becoming the third U.S. Global ETF available to investors in Mexico. With over $530 billion in market cap, the BMV is Latin America’s second-largest stock exchange. The ETF provides diversified access to global shipping and air freight industries, focusing on companies that play a crucial role in global commerce. U.S. Global Investors aims to expand its international footprint by offering investors exposure to the transportation and logistics sectors through this ETF, which uses a Smart Beta 2.0 strategy. 1. Mexico is seeing growth in its ports development, according to the U.S. Department of Commerce. This could have positive implications for international trade in the region. (Source: International Trade Administration)
2. Despite growing scrutiny, China remains a modest player in U.S.-Mexico trade, as reported by the Federal Reserve Bank of Dallas. This dynamic could change in the future based on evolving trade relationships. (Source: Federal Reserve Bank of Dallas)
3. The UN Trade and Development Review of Maritime Transport in 2024 highlights key trends and developments in the maritime industry. This report provides valuable insights for stakeholders in the shipping and logistics sectors. (Source: UN Trade and Development)
Read more at 1. “Tech giant Apple announces record-breaking quarterly earnings, surpassing analyst expectations.” – CNBC
2. “FDA approves new COVID-19 vaccine for emergency use, expanding vaccination options.” – Reuters
3. “Tesla’s market value reaches $1 trillion, making it the most valuable car company in the world.” – Wall Street Journal
4. “Unemployment rate drops to 4% as economy shows signs of recovery post-pandemic.” – CBS MarketWatch
5. “Amazon Prime Day sales reach $10.4 billion, marking a new record for the annual event.” – Barchart: U.S. Global Investors Launches Its Smart Beta 2.0 SEA ETF
