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The flagship ARK Innovation ETF has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023, losing US$7.1 billion of shareholder value in ten years. [44] The ARK Innovation ETF was down 24% for the year 2021. [45]
Data source: Ark Invest, Cathie's Ark. Portfolio weightings are accurate as of Sept. 17, 2024, and are subject to change. Tesla is more than just an electric vehicle manufacturer.
The fund has 15% exposure to Musk’s private companies. ... Cathie Wood’s ARK Invest is inviting retail investors to bet on Tesla CEO Elon Musk’s private startups and possibly profit from his ...
Data source: Ark Invest, Cathiesark.com. Table by author. According to that data, Wood and her team reduced their holdings of Palantir across Ark's various funds by roughly 1.9 million shares ...
Momentum is starting to roll Cathie Wood's way. The Ark Invest co-founder, CEO, and chief investment officer is losing to the market for the third time and has had a couple of choppy years since ...
ARK Invest, the innovation-focused investment firm run by star fund manager Cathie Wood, has rolled out a highly-anticipated new investment vehicle focused on private markets – for retail clients.
Her flagship ARK Innovation exchange-traded fund (ETF) has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023, losing US$7.1 billion of shareholder value in ten years.
On the off-chance you're reading this and aren't familiar with them, Ark Invest manages a family of exchange-traded funds intended to "focus solely on investing in disruptive innovation." Each ...
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