FYI: Regardless of what happens with the Trump administration’s infrastructure plan, investors in exchange-traded funds are increasingly betting on a 2018 construction boom as states and towns move forward with needed development and repair programs.
The Global X U.S. Infrastructure Development ETF, ticker PAVE, has posted a strong performance and attracted four consecutive weeks of inflows since the middle of December, its best-ever run. Its assets have grown 18 percent to $35 million in just the first few trading days of the year.
Regards,
Ted
https://www.bloomberg.com//news/articles/2018-01-09/this-etf-is-betting-on-infrastructure-no-matter-what-trump-does
