It is well over a year now since the Guggenheim ETF closed due to lack of interest, even though it was performing well, but US Global Jets ETF (JETS) has filed in the USA. The JETS ETF will attach weight to the companies on the basis of the square root of their average daily volume seen in the trailing three months, with a target of between 25 and 40 airline stocks across the global market. Fees are being set at 60 bps. The ETF will have to be heavily weighted towards the US airline market due to the fact that

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