American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Andrew Chanin: Natural Disaster Stocks — How to Invest Before, During and After

by admin February 29, 2024
February 29, 2024
Andrew Chanin: Natural Disaster Stocks — How to Invest Before, During and After

As the cost of natural disasters rises, it’s worth investing in companies that help before, during and after.

That’s according to Andrew Chanin, CEO of Procure ETFs. He created the Procure Disaster Recovery Strategy ETF (NASDAQ:FIXT), which tracks companies engaged in natural disaster preparedness and recovery.

With holdings ranging from NVIDIA (NASDAQ:NVDA) to Babcock International Group (LSE:BAB,OTC Pink:BCKIF) to Home Depot (NYSE:HD), the fund is up nearly 30 percent since its launch in mid-2022.

‘Some of these are predictable, some of them aren’t. But the one event that seemed to bring a lot of attention to these companies was actually the Canadian wildfires, where we saw a tremendous amount of media coverage,’ he added.

When asked whether investors have been hesitant when it comes to potentially profiting from natural disasters, Chanin emphasized that the companies held within the FIXT ETF aren’t exploitative; instead, they are there to help.

‘If you look at the holdings of FIXT, there’s very little overlap with other funds out there, whether that be in infrastructure, whether that be a climate change fund. You have many people investing in ESG-related strategies because they believe that they’re going to make the world a better place. This isn’t billed as an ESG fund or an ESG strategy — this looks at real-world scenarios. Natural disasters do happen, and these companies in many cases help us,’ he said.

Watch the interview above for more from Chanin on the FIXT ETF and natural disaster stocks.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Definitive Feasibility Study Confirms Strong Financial Returns, Rapid Payback for Waroona Renewable Energy Project
next post
French Senate votes to enshrine abortion rights in constitution

Related Posts

Bitcoin Price Reaches New Record High, Then Pulls...

March 7, 2024

CELH stock price forms a bullish divergence: is...

January 23, 2025

Fortune Minerals

February 13, 2024

Chariot Corporation

February 6, 2024

Robinhood launches high-risk margin trading in UK following...

October 21, 2024

Agreement Signed for the Sale of up to...

March 20, 2024

The Trade Desk stock price had a $47...

March 15, 2025

Scoping Study for Nueva Sabana Mine Progressing after...

March 12, 2024

Forward Water Technologies

April 24, 2024

USD/JPY forecast: signal ahead of BoJ and FOMC...

June 16, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs

      June 22, 2025
    • Japan’s rice price surge: what’s driving it and why it could spark a political crisis

      June 22, 2025
    • BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks

      June 22, 2025
    • Palantir co-founder: US must prevent Iranian nukes

      June 22, 2025
    • Fed governor Waller advocates for July rate cut amid tariff, labor market outlook

      June 21, 2025

    Categories

    • Business (3,199)
    • Investing (2,531)
    • Latest News (2,000)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved