Webcast
Webcast: Election Implications for Reshoring: Tariffs, Trump, Taxes, and Training
With the election now behind us and higher tariffs expected to be a focal point of the 'America First' policy agenda, investors face uncertainty about how these measures could impact the ongoing reshoring and manufacturing resurgence across the US.
Join Harry Moser, Founder of the Reshoring Initiative, and Chris Semenuk, Portfolio Manager for the Tema Reshoring Strategy, for an insightful discussion on the post-election implications and outlook for reshoring.
November 12, 2024
9am PT | 12pm ET
Register
Summary:
Topics covered will include:
- The role of tariffs as either a carrot or a stick in promoting reshoring
- Potential impacts of reversing Biden administration policies like the IRA and CHIPS Act
- Risks posed by domestic inflation and regulation on reshoring efforts
- Overcoming the U.S.'s historic skilled workforce challenges
- Necessary tax incentives to stimulate reshoring, including corporate tax rates and R&D tax credits
Speakers:
The Reshoring Initiative, founded in early 2010 by Harry Moser, takes action by helping manufacturers realize that local production, in some cases, reduces their total cost of ownership of purchased parts and tooling. The Initiative also trains suppliers how to effectively meet the needs of their local customers, giving the suppliers the tools to sell against lower priced offshore competitors.
Chris Semenuk is a global fund manager with more than 25 years experience, 20 of which were spent managing a $5bn global equities fund at TIAA, a leading US based financial services company. Chris has a Bachelor's Degree in Economics from Union College in New York State.
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.