From Benzinga's ETFS Unlocked Event: Tema ETFs CIO Yuri Khodjamirian On American Reshoring ETF Says Companies Are Realizing Risks To Having Supply Chains Spread Across The World; Says Companies Moving Manufacturing Back To US Amid Gov. Initiatives
Portfolio Pulse from Benzinga Newsdesk
Yuri Khodjamirian, CIO of Tema ETFs, discussed the American Reshoring ETF at Benzinga's ETFS Unlocked Event. He highlighted that companies are recognizing the risks of globally spread supply chains and are moving manufacturing back to the US, spurred by government initiatives.
November 30, 2023 | 4:26 pm
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The American Reshoring ETF (RSHO) is likely to gain attention as companies move manufacturing back to the US, a trend discussed by Tema ETFs CIO at Benzinga's ETFS Unlocked Event.
The American Reshoring ETF (RSHO) directly benefits from the trend of companies moving their manufacturing back to the US, as it is designed to invest in such companies. The positive sentiment and government support for reshoring could lead to increased investment in RSHO, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100