As of 30/11/2023
Fund Overview
The Travel UCITS ETF 'TRYP' seeks to offer
exposure to the travel industry as it tracks Airlines, Hotels, Cruise Liners and Online Booking companies.
The TRYP travel ETF tracks the Solactive Travel Index which is focused on companies that derive significant revenue
from the travel and tourism sector including companies engaged in the airlines,
hotels, cruise lines and online booking business.
Please remember that the value of your investment may go down as well as up and past performance is no indication of future performance.
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Why Invest in TRYP Travel ETF?
Growth opportunity after Pandemic:
The impact of COVID-19 has naturally brought the travel and tourism industry down from its 2019 peak but with the pandemic-related headwinds beginning to abate, investors are now presented with a unique opportunity to trade the potential recovery of the travel industry with a single product.
Restrictions easing and vaccine roll-out:
Analysts expect that a re-bound in the travel sector could be driven by the speed and extent of a COVID-19 vaccine roll out, a relaxation of government imposed travel restrictions, the return of business travel and growth of the disposable income and savings as well as the size and pace of a global economic recovery.
Overhang of pent up demand:
After more than a year under close confinement, people are eager to start traveling again. There is guarded optimism that international leisure travel will start to grow significantly in the second half of 2021, as more governments decide that their countries’ progress in combatting COVID-19 justifies opening their borders to non-citizens.
Risks
The Fund invests in companies in the airline, hotel, cruise line and online booking sectors which may be adversely affected by a downturn in economic
conditions that can result in decreased demand for their services and
products.
Financial markets around the world experienced extreme and in many
cases unprecedented volatility and severe losses due to the global
pandemic caused by COVID 19, a novel coronavirus, in 2020. The
pandemic has resulted in a wide range of social and economic
disruptions, including closed borders and reduced or prohibited
domestic or international travel.
Please remember that the value of your investment may go down as
well as up and your capital is at risk. Please see KIID for full details.