The 2023 ETF Series Trust II - GMO U.S. Quality ETF Price & Performance (QLTY)

GMO has introduced the Beyond China ETF (BCHI), aimed at capitalizing on shifts in global supply chains. The fund focuses on sectors like electric vehicles and renewable energy and emphasizes nearshoring strategies. This move aligns with growing trends to diversify production away from China, benefiting countries like Vietnam and Mexico.1

SAP has debuted its Sovereign Cloud in Canada, addressing data sovereignty and security concerns. The service includes tools like SAP S/4HANA Private Cloud Edition and is aligned with Canadian regulations. This initiative reflects increasing demand for secure, locally managed cloud solutions amid rising cybersecurity challenges.2