The ARK Innovation ETF (ARKK) is the flagship fund from ARK Invest, an advisory firm led by renowned investor Cathie Wood. This actively managed ETF seeks long-term capital gain by investing in companies that exhibit disruptive innovation. The companies within the fund cover areas including automation, artificial intelligence (AI), robotics & energy storage, and fintech.
The ETF invests at least 65% of its assets in companies relevant to disruptive innovation's investment theme. Here, disruptive innovation refers to a technologically enabled new product or service that has the potential to bring changes to the way the world works.
