If you hadn't heard of ARK ETFs, it's high time you start to pay close attention to them.
What are these ETFs? You might ask.
Let's start off with their performances first to give you a good overview. Here is a snapshot of the performances of the various ARK ETFs since inception.
(Source: https://ark-funds.com)
These various ETFs have returned double digits (at least 21%) annualised returns since inception. Such performances certainly make performances of the benchmark indexes such as S&P 500 and MSCI World Net Index in the same time period pale in comparison.
Now that I have your attention, let's begin to talk about these ARK ETFs in detail.
ARK ETFs are ETFs which focus on disruptive innovation in various domains such as genomic revolution, autonomous technology, fintech innovation etc. There are a total of 7 ETFs by ARK- 5 of them are actively managed while 2 of them are indexed. ...