PAVE: Investing In U.S. Infrastructure

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About: Global X Funds Global X U.S. Infrastructure Development ETF (PAVE), Includes: GHII, GII, IGF, TOLZ
by: Paid Observer
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Paid Observer
Long/short equity
Summary

America's infrastructure earned a "D+" and is ready for significant investment.

Trump made it a campaign promise and called for Congress to write an infrastructure bill amounting to $1.5T in total spending.

PAVE is a relatively new ETF offering exposure to U.S. infrastructure development and maintenance.

There is considerable risk and uncertainty surrounding when/if Washington can get a bill passed.

Image: Morry Gash/AP, bridge failure in Minneapolis killed 13

Inadequate Infrastructure

The American Society of Civil Engineers released its quadrennial report in March 2017, granting the U.S. a dubious "D+".


Source: infrastructurereportcard.org

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