eToro introduces Global Logistics Smart Portfolio
Online broker eToro launches its Global Logistics Smart Portfolio, which is now available for investing.
One easy way to gain portfolio exposure to leading shipping companies is by investing in eToro’s Global Logistics Smart Portfolio. This is a fully allocated thematic investment portfolio that is focused on logistics stocks.
Through this Smart Portfolio, investors can gain exposure to a range of top shipping businesses including AP Moeller-Maersk, Danaos, ZIM Integrated Shipping Services, Kuehne & Nagel, and Golden Ocean Group, as well as a selection of other companies that play a key role in supply chains such as air, rail, and road transportation companies, couriers and postal services companies, logistics companies, and last-mile delivery companies.
In standard times, the globalized supply chain worked so well that it led to the widespread adoption of more efficient just-in-time inventory management. However, the Covid-19 crisis led to unusual swings in demand for goods, and the supply chain had a break. Shortages of everything from fuel to food, toys to semiconductors to cars; containers in the wrong parts of the world; labor shortages; old infrastructure, and sustained consumer demand (mainly e-commerce). It all disrupted the typically synchronized flow of global trade.
As a result, several logistics services reached record demand levels. Prices also increased, bringing extraordinary profits to companies and benefiting the shipping industry.
The minimum investment amount for this Smart Portfolio is $500.