'Early innings' of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

2024-07-03 19:40:00+00:00 - Scroll down for original article

Click the button to request GPT analysis of the article, or scroll down to read the original article text

Original Article:

Source: Link

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials. "Some will call it deglobalization. We're in the early innings," Pot told CNBC's "ETF Edge" this week. "At the heart of it is job creation, manufacturing and reshoring — bringing back local manufacturing jobs." Pot's firm launched the American Reshoring ETF in May 2023. Since its inception, the exchange-traded fund is up almost 37% as of Wednesday's close.