M·CAM Featured on CNBC
MCAM International in Charlottesville, Virginia, launched a “trade war fund” in June, said David Martin, founder and chief executive of MCAM.
The E.T.F. tracks more than 100 companies, including Adidas, Microsoft and General Electric, which could be less affected from the pain of tariffs than others.
“We’re going through reams and reams of data to find companies that historically have succeeded in getting support in the form of waivers or non-action or benefiting from government relationships,” Martin said. The fund has had an annual return of 6.2%.”
While the fund isn’t expected to turn a profit if the broader market tanks, Martin said, “the goal is not to go down as far as anyone else.”
Still others double down on a hands-off approach.
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