ARK Innovation ETF ARKK

ARK Innovation ETF is an actively managed equity ETF that was founded in 2014 and is headquartered in New York. The fund includes a variety of companies that benefit from the creation of new products and services, developments in DNA technologies, industrial innovations, fintech innovations and next-generation internet. In general, it has an investment theme of disruptive innovation.

This exchange-traded fund uses US dollars as base currency and is managed by ARK Invest, a company that underpins innovative investments and advocates transparent investment principles. ARK Invest is headquartered in New York and was established in 2014. The ARK Innovation ETF mainly invests in companies based in developed countries such as the United States and Canada and select countries in Europe. Companies within this ETF rely on and benefit from innovative product and service developments. These can be technological and scientific and include DNA technologies and genomic advances, automation and robotics, and artificial intelligence (AI).

ARK Innovation ETF seeks long-term growth of capital through its investments in domestic and foreign equity securities of companies. The fund is heavily weighted towards health care and information technology assets. It offers exposure to a range of sectors and trades on the NYSE using the ARKK ticker.

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