WEBCASTS
An Active Approach to Investing in Defense Spending
U.S. defense exports and spending could be boosted in the coming years. We believe defense stocks are set to rise as the U.S. shifts toward a more domestically focused strategy, while European powers work to enhance their own military capabilities.
With ongoing global conflicts and mounting tensions, investors could see returns from Aerospace & Defense, Semiconductors, Cybersecurity and Homeland Security stocks.
Join the experts at U.S. Global Investors, including CEO and CIO Frank Holmes, as they unpack the prognosis for defense stocks in the current market environment.
SUMMARY
Topics covered will include:
- An overview of global tensions and how they impact defense spending.
- Where the sectors of Aerospace & Defense, Semiconductors, Cybersecurity and Homeland Security all fit in the defense investing picture.
- An active strategy that seeks to capitalize on opportunities amid global strife and conflict.
This program is pending acceptance for one hour of continuing education (CE) credit by the Certified Financial Planner Board of Standards for the CFP® designation, The Investment and Wealth Institute for CIMA®, CPWA®, RMA®, and CIMC designations, The ETF Institute for the CETF® designation and The American College of Financial Services.
CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.
SPEAKERS
Frank Holmes
CEO & CIOU.S. Global Investors
Cinthia Murphy
Investment StrategistVettaFi
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Important Disclosures
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary prospectus for WAR here: https://www.usglobaletfs.com/war-prospectus. Read it carefully before investing.
Investing involves risk including the possible loss of principal.
The Fund is actively managed and there is no guarantee the investment objective will be met. The fund is new and has a limited operating history to evaluate. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.
The Fund’s concentration in the securities of a particular industry namely Aerospace and Defense, Cybersecurity and Semi-conductor industries as well as geographic concentration may cause it to be more susceptible to greater fluctuations in share price and volatility due to adverse events that affect the Fund’s investments.
Aerospace and Defense companies are subject to numerous risks, including fierce competition, adverse political, economic and governmental developments, substantial research and development costs. Aerospace and defense companies rely heavily on the U.S. Government, political support and demand for their products and services.
Companies in the cybersecurity field face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. The products of cybersecurity companies may face obsolescence due to rapid technological development. Companies in the cybersecurity field are heavily dependent on patent and intellectual property rights
Competitive pressures may have a significant effect on the financial condition of semiconductor companies and may become increasingly subject to aggressive pricing, which hampers profitability. Semiconductor companies typically face high capital costs and can be highly cyclical, which may cause the operating results to vary significantly. The stock prices of companies in the semiconductor sector have been and likely will continue to be extremely volatile.
Investments in the securities of non-U.S. issuers may subject the Fund to more volatility and less liquidity due to currency fluctuations, political instability, economic and geographic events. Emerging markets may pose additional risks and be more volatile due to less information, limited government oversight and lack of uniform standards.
Fund holdings and allocations are subject to change at any time. To view fund holdings for WAR, visit this link: www.usglobaletfs.com/war
For information on the U.S. Global WAR ETF, download a prospectus by visiting here: https://www.usglobaletfs.com/war-prospectus.
Distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment advisor to WAR.