Launch of Europe’s first Airlines, Hotels and Cruise Lines ETF enables investors to participate in recovery of travel industry
- Europe’s first Airlines, Hotels and Cruise Lines UCITS
ETF (ticker: TRYP) to list on London Stock Exchange in early June 2021.
- The TRYP travel industry ETF provides exposure to an
industry which is set to recover after global spending on leisure travel fell
50% in 1 year due to global pandemic.
- TRYP tracks the Solactive Airlines, Hotels, Cruise Lines Index which achieved back-tested returns of 62.07% in the past 12
months0. Past performance is no guarantee of future performance.
- TRYP is distributed on the HANetf platform alongside its market
leading range of thematic ETFs cryptocurrencies and commodities ETPs.
The launch of Europe’s first Airlines, Hotels and Cruise
Lines ETF on the HANetf platform will deliver exposure to the travel industry
as it tracks global airline companies, hotel businesses and cruise line
operators. The Airlines,
Hotels and Cruise Lines UCITS ETF (LSE ticker: TRYP) ‘TRYP’ will list on the London Stock Exchange
in June 2021 and will be passported for sale across Europe.
Total global spending on leisure
travel fell 50%, from $4.692 trillion in 2019 to $2.373 trillion in 2020.
Expenditures on business travel took an even bigger hit, falling 52% from
$1.445 trillion in 2019 to 694 billion in 2020.
0 Source: Bloomberg.
3 year performance: -15.24%; 5 year performance: 18.93% Past performance is not
an indicator for future results and should not be the sole factor of
consideration when selecting a product.
With the rollout of COVID-19
vaccines and the gradual relaxation of restrictions on public movements, global
spending on leisure travel is expected to increase by 45% in 2021, to $3.45
Business travel expenditures are projected to increase by 21%, to $842 billion
Analysts expect that a re-bound
in the travel sector could be driven by the speed and extend of a COVID 19
vaccine roll out, pent up demand resulting from trips not taken during the
pandemic, growth of the disposable income and savings as well as the size and
pace of a global economic recovery.
However, these increases still leave leisure and business travel
spending far below their 2019 peak and it is likely to take several more years
to regain all of the lost ground.
The TRYP travel industry ETF will track the Solactive Airlines, Hotels, Cruise Lines Index. The index-
back-tested performance shows it achieved 62.07% net total returns in the past
year. Past performance is no guarantee
of future results. When you trade ETFs your capital is at risk.
The ETF will have a Total Expense
Ratio of 69bps.
Hector McNeil co-Founder and
co-CEO at HANetf said “The travel
industry has been decimated after the Pandemic but we are optimistic about a
rebound in the travel industry in the short term due to the speed and extent of
a COVID 19 vaccine roll out, business travel restarting and pent up demand resulting from trips not
taken during the pandemic. Over the
longer term, the growth of disposable income and savings as well as the size
and pace of a global economic recovery will be key factors although it may take
a few years to regain the lost ground.
We launched the travel industry ETF
for investors who want a way to trade a recovery of the travel industry in a
single product and we are delighted to be able to launch TRYP on the London
Stock Exchange later this month.”
“Launching the Airlines, Hotels and Cruise Lines ETF
expands our range of innovative ETFs and ETCs and is another European first
which we are delighted to bring to market with. We are very proud of the many
firsts we have brought to the European ETF market including Europe’s first
Space ETF and Europe’s first pure-play solar energy ETF. HANetf’s extensive
range really is setting the pace for providing investors with ETFs that have
great stories and unique strategies”