RSHO
American Reshoring ETF
The renaissance of American industrial manufacturing and onshoring
Why RSHO ETF?
Secular Trend
Supply chain disruptions, trade wars and geopolitics are encouraging companies to bring operations back to US shores.
Industrial Renaissance
Upgrading America's industrial and infrastructure footprint is creating an uplift in industrial technology, a key sub-theme of reshoring.
Bipartisan Support
US government reshoring initiatives, already amounting to over $1.85tn of spending and growing, have unprecedented bipartisan support and can potentially present large growth opportunities for beneficiaries.
Source: The White House
Competitive Advantage
Early movers in reshoring could gain a significant advantage via resilient supply chains and closer proximity to end users.
Pure Exposure
The fund conducts deep and comprehensive research, selecting only those businesses that we believe will be the long term winners of the American reshoring trend.
Fund Overview
Fund Details
As of April 25, 2024
Fund Summary
Portfolio Manager
Investment Partner
Chris Semenuk
How does the Tema RSHO ETF fit in a portfolio?
Investment Style Box
Source: Tema. The investment style Box reveal’s a fund’s investment strategy by showing its investment style and market capitalization based on the fund’s portfolio holdings.
Potential Portfolio
Equity Allocation
5-10%
of Equity Core
RSHO ETF
Satellite
Equity core
Where could a position be funded from?
- From a mid cap position due to RSHO’s mid-cap growth style.
- We believe the quality bias makes for a strong alternative or compliment to a broad index approach.
- Mid-cap businesses typically under-represented in a portfolio, despite having a historically positive effect on risk-adjusted returns.
Portfolio Breakdown
Top 10 holdings
As of April 25, 2024
Country Breakdown
United States
71.79%Ireland
12.76%United Kingdom
6.79%Switzerland
6.15%Others
2.51%Industry Breakdown
Industrials
60.19%Non-Energy Materials
24.73%Healthcare
6.12%Business Services
3.08%Consumer Services
2.36%Technology
2.17%Cash & Cash Equivalents
1.34%- Performance
- Distributions
- Premium / Discount
Prices & Performance
- Mar 31, 2024
- Mar 31, 2024
RSHO
3 months
1 Year
3 Years
5 Years
Since inception
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Returns for periods of less than one year are not annualized.
The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.
Distributions
Record Date
Ex-Date
Payable Date
Total Distribution
Income
ST Cap Gains
Premium/Discount
Days Traded at Nav
Days Traded at Premium
Days Traded at Discount
RSHO NAV / Market Price
Risk Information
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com.
Read the prospectus carefully before investing.
Investing involves risk including possible loss of principal. There is no guarantee the adviser’s investment strategy will be successful.
Sector Focus Risk: The Fund may invest a significant portion of its assets in one or more sectors, including Industrials, Materials and Utilities, and thus will be more susceptible to the risks affecting those sectors than funds that have more diversified holdings across several sectors.
The success of the Fund’s investment strategy depends in part on the ability of the companies in which it invests to reshore or onshore services to the United States. Companies may face significant legal, financial and political headwinds in the reshoring or onshoring of jobs into the United States, and these factors may be detrimental to performance.
Industrial and Utilities sector companies will likewise be subject to the risks of Government regulation, world events, exchange rates and economic conditions, technological developments and liabilities for environmental damage and general civil liabilities.
In addition, many materials companies are significantly affected by the level and volatility of commodity prices, exchange rates, import controls, worldwide competition, environmental policies and consumer demand.
Investing in Foreign and emerging markets involves risks relating to political, economic, or regulatory conditions not associated with investments in U.S. securities and instruments. In addition, the fund is exposed to currency risk.
Because the Fund evaluates ESG factors to assess and exclude certain investments for non-financial reasons, the Fund may forego some market opportunities available to funds that do not use these ESG factors.
Tema Global Limited serves as the investment adviser to Tema American Reshoring ETF (the “Fund”), and NEOS Investments, LLC serves as a sub-adviser to the Fund. The Fund is distributed by Foreside Fund Services LLC, which is not affiliated with Tema Global Limited nor NEOS Investments, LLC. Check the background of Foreside on FINRA’s BrokerCheck.