‘disruptive innovation’ a companies that develop a technologically enabled new product or service that potentially changes the way the world works.The ETF is a fund managed by ARK Investment Management who are known for their $7,000 price target set on Tesla stock. We were having a heated discussion about why ARK Invest would sell off their stock in Tesla and reduce their stake by 17%. That was when I learnt more about managing a diversified portfolio and not letting one stock dominate the portfolio. The ARK Innovation ETF is one of the many examples of the thematic investing strategy. This strategy has been defined as an investment approach that centres around identifying future...
Just the other day, I was introduced to the world of thematic investing by my friend when we were discussing Telsa, the biggest component of the ARK Innovation Exchange Traded Fund (ETF).
According to ARK Invest, The ETF is a thematic investing ETF that focuses on:
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