Tema Luxury ETF

LUX

Market cap $2.8M

NEW YORK--(BUSINESS WIRE)--After careful consideration, Tema ETFs LLC, investment adviser to Tema Luxury ETF and the Tema Neuroscience and Mental Health ETF (the "Funds"), has recommended, and the Board of Trustees of Tema ETF Trust has approved, the termination and liquidation of the Funds. Accordingly, the Funds are expected to cease operations and liquidate on or about August 1, 2025 (the "Liquidation Date").

Javier Gonzalez Lastra, Investment Partner & Portfolio Manager at Tema Luxury ETF, discusses LVMH earnings and the overall luxury sector.

After experiencing a difficult 2023, ebbing demand and a slowdown in global economies are set to make 2024 more difficult for luxury brands. Look into luxury ETFs to safeguard your portfolio.

In 2024, inflation, interest rates, and the presidential election will likely be on top of ETF investors' minds. Here are four other lesser-known trends and insights — both positive and negative — to consider in 2024.

Good morning, VettaFi Voices! Last Friday, the holiday shopping season kicked off in earnest (while I hunkered down in my house eating turkey sandwiches and waited for the initial frenzy to pass).