As the United States presidential election nears, there's one key theme that's expected to continue regardless of who wins: the reshoring of American manufacturing .
Tema ETFs runs the actively managed American Reshoring ETF (ticker RSHO), designed to take advantage of this trend.
"The American reshoring fund is built on the foundation that the world's not getting any safer.
However, the fund manager cautioned that there could be challenges in hiring skilled labor due to the decline in the United States semiconductor manufacturing industry over the years.
TSM 5Y line While TSMC is less than 1% of the American Reshoring ETF, Clean Harbors is a top 10 holding with 4.71% allocated.
Persons:
Yuri Khodjamirian, CNBC's, PFAS —, Khodjamirian
Organizations:
United, Republicans, Democrats, Tema, American, Harbors, Clean Harbors, Taiwan Semiconductor, ETF
Locations:
United States, Tema, North America, Arizona