American Renaissance?
The U.S. has emerged from the pandemic in a much stronger, more competitive position relative to other developed economies. Global companies are increasingly looking to relocate production to the U.S., reversing a 30-year trend of outsourcing both jobs and manufacturing to lower cost competitors.
Cyrus J. Lawrence LLC (CJL), the trust’s portfolio consultant, has identified three important secular trends underlying the American Renaissance:
- Resurgence in U.S. Manufacturing
- U.S. Energy Independence
- Favorable U.S. Labor Cost and Housing Demographics
Each American Renaissance Portfolio UIT seeks above average total return by investing in a portfolio of approximately 40-50 stocks that CJL believes have the potential to benefit from these interconnected, self-feeding trends.