{"id":1559,"date":"2024-02-28T12:06:16","date_gmt":"2024-02-28T12:06:16","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/02\/28\/andrew-chanin-natural-disaster-stocks-how-to-invest-before-during-and-after\/"},"modified":"2024-02-28T12:06:16","modified_gmt":"2024-02-28T12:06:16","slug":"andrew-chanin-natural-disaster-stocks-how-to-invest-before-during-and-after","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/02\/28\/andrew-chanin-natural-disaster-stocks-how-to-invest-before-during-and-after\/","title":{"rendered":"Andrew Chanin: Natural Disaster Stocks \u2014 How to Invest Before, During and After"},"content":{"rendered":"<p><strong>As the cost of natural disasters rises, it\u2019s worth investing in companies that help before, during and after.<\/strong><\/p>\n<p>That\u2019s 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. <\/p>\n<p>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. <\/p>\n<p>\u2018Some of these are predictable, some of them aren\u2019t. 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,\u2019 he added. <\/p>\n<p>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\u2019t exploitative; instead, they are there to help. <\/p>\n<p>\u2018If you look at the holdings of FIXT, there\u2019s 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\u2019re going to make the world a better place. This isn\u2019t billed as an ESG fund or an ESG strategy \u2014 this looks at real-world scenarios. Natural disasters do happen, and these companies in many cases help us,\u2019 he said. <\/p>\n<p>Watch the interview above for more from Chanin on the FIXT ETF and natural disaster stocks. <\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As the cost of natural disasters rises, it\u2019s worth investing in companies that help before, during and after. That\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":1560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1559"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/1559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/1560"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}