ARKK
Cathie Wood and ARK Invest have a beat on the market
Cathie Wood ARK Innovation founder and portfolio manager has been one of
the biggest names in the ETF space exploding onto the scene. She has been
labeled by many as one of the most innovative and disrupting individuals in
the exchange traded fund arena.
According to ARK, they believe innovation is the key to growth and they aim
to capture long-term growth and capital appreciation created by disruptive
innovation.
In an interview today with Bob Pisani of CNBC Cathie Wood stated, "We think
that artificial intelligence is going to represent 30 trillion dollars in
market cap during the next 10 years and we are just beginning."
She further emphasized ARKs focus on AI and technology as a whole in areas
such as autonomous driving vehicles, telemedicine and the space sector.
The actively managed ETFs have been drawing lots of interest across the
board. Some of ARKs most notably disruptive ETFs are as follows:
ARK Innovation ETF (NYSEARCA:ARKK): $17.68 billion AUM, ER of 0.75%
Genomic Revolution ETF (BATS:ARKG): $7.67 billion AUM, ER of 0.75%
Next Gen Internet ETF (NYSEARCA:ARKW): $5.27 billion AUM, ER of 0.79%
Fintech Innovation ETF (NYSEARCA:ARKF): $1.96 billion AUM, ER of 0.75%
|Today, 1:14 PM|136 Comments
Cathie Wood and ARK Invest have a beat on the market
Cathie Wood ARK Innovation founder and portfolio manager has been one of
the biggest names in the ETF space exploding onto the scene. She has been
labeled by many as one of the most innovative and disrupting individuals in
the exchange traded fund arena.
According to ARK, they believe innovation is the key to growth and they aim
to capture long-term growth and capital appreciation created by disruptive
innovation.
In an interview today with Bob Pisani of CNBC Cathie Wood stated, "We think
that artificial intelligence is going to represent 30 trillion dollars in
market cap during the next 10 years and we are just beginning."
She further emphasized ARKs focus on AI and technology as a whole in areas
such as autonomous driving vehicles, telemedicine and the space sector.
The actively managed ETFs have been drawing lots of interest across the
board. Some of ARKs most notably disruptive ETFs are as follows:
ARK Innovation ETF (NYSEARCA:ARKK): $17.68 billion AUM, ER of 0.75%
Genomic Revolution ETF (BATS:ARKG): $7.67 billion AUM, ER of 0.75%
Next Gen Internet ETF (NYSEARCA:ARKW): $5.27 billion AUM, ER of 0.79%
Fintech Innovation ETF (NYSEARCA:ARKF): $1.96 billion AUM, ER of 0.75%
|Today, 1:14 PM|136 Comments
Comments
Post a Comment