KraneShares Global Luxury Index ETF

KLXY

Market cap $2.65M

With the holiday season begun in the western world, and travel for the Chinese New Year just a few weeks past that, it may be time to look at investing in global travel. While, yes, tariffs and other trade rules loom for some investment areas, global travel, especially in the luxury category, remains strong.

It may only be March, but global summer travel is just around the corner. While the lockdown era of the pandemic seems to now be well in the rearview mirror, tourism is still returning to its prior place of privilege.

Let's face it — China investing has been a bit bumpy of late. That said, a China allocation can still play a big role for investors.

Chinese Lunar New Year is just around the corner, and with expectations that more Chinese citizens will be traveling this year, investors may want to take a closer look at an ETF like the KraneShares Global Luxury Index ETF (KLXY).

After experiencing a difficult 2023, ebbing demand and a slowdown in global economies are set to make 2024 more difficult for luxury brands. Look into luxury ETFs to safeguard your portfolio.

Looking to invest in the growing role of China's economy in global markets while mitigating exposure to trouble areas like the nation's real estate problems? A travel ETF like KLXY, the KraneShares Global Luxury Index ETF, could be one strong option.

The holiday season has arrived in full in the West, but the global holiday season runs much longer than that. China's “golden week” already took place in October, while Chinese New Year doesn't occur until February.

Good morning, VettaFi Voices! Last Friday, the holiday shopping season kicked off in earnest (while I hunkered down in my house eating turkey sandwiches and waited for the initial frenzy to pass).