Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

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

by February 28, 2024
February 28, 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
Netanyahu responds to Biden’s talk of pending cease-fire, says majority of Americans support Israel

Related Posts

GTI Energy

January 17, 2024

Element79 Gold Corp Appoints Warren Levy to Advisory...

May 14, 2024

Trump Ties Ukraine Aid to US$500 Billion in...

February 14, 2025

NorthStar Completes $10.3 Million Financing

November 2, 2023

Economics of the Copper Scrap Market (Updated 2023)

September 1, 2023

7 Biggest Lithium-mining Companies

February 21, 2024

Steppe Gold Draw Downs US$40.4M for the Phase...

March 27, 2024

5 Biggest Gold ETFs in 2024

April 12, 2024

E-Tech Resources Enters into MOU to Evaluate Deployment...

October 2, 2023

Atlantic Lithium Applies for Listing on the Ghana...

April 1, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • Fed Watch: Key Bullish Patterns in the S&P 500, Utilities, and Crypto

    • Three Charts to Watch for an “All Clear” Signal

    • Use This Multi-Timeframe MACD Signal for Precision Trades

    • The Unpredictable Stock Market: How to Make Sense of It

    • Crypto Market Recap: New Hampshire Launches First State Crypto Reserve, Trump Stirs Controversy

    • SAGA Metals Extends Claims at the Radar Ti-V-Fe Project –Securing the Entire Titanomagnetite-Bearing Intrusion

    Categories

    • Business (1,181)
    • Investing (2,402)
    • Politics (3,699)
    • Stocks (1,551)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved