Daniel Straus
Guggenheim Shipping E.T.F.
SEA-N
BUY
Mar 29, 2017
Global shipping is a niche sub-sector that has attracted a lot of attention. It is likely to see a lot more business unless protectionism south of the border comes to be. There is political risk. This isn’t pure shipping. It has a yield. The fee is 60 some basis points which is high. Go with this one if you think the sector can deliver.
There has been a substantial rise in the freight in the Baltic Dry Index. Not an accurate indicator as it is dry goods. A leveraged play on world trade.
Global shipping is a niche sub-sector that has attracted a lot of attention. It is likely to see a lot more business unless protectionism south of the border comes to be. There is political risk. This isn’t pure shipping. It has a yield. The fee is 60 some basis points which is high. Go with this one if you think the sector can deliver.