The goal of the mixed company might be to develop its membership travel-club businesses, supply new travel services and expand licensing agreements. This fund targets the broad transportation sector and tracks the S&P Transportation Select Industry Index. It holds 41 shares in its basket with 33% of the portfolio dominated by trucking and airlines. Air freight and logistics take 25.8% and 22.8% share, respectively. With AUM of $734.1 million, the fund expenses 35 bps in fees per year from investors and trades in an excellent volume of around ninety one,000 shares a day. Businesses oriented towards staycations and home travel have benefited throughout this difficult time, similar to on-line house-rental agencies, as personal transport is changing into even more popular.
In the summer of 2020, we acquired threat administration startup Albatross, strengthening its resilience to the effects of COVID-19. US-based Nex Travel We will expand our presence within the US … Read More