ETF of the Week: ETF of the Week: ARK Fintech Innovation ETF (ARKF)

ETF Trends CEO Tom Lydon discussed the ARK Fintech Innovation ETF (ARKF) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

ARKF seeks long-term growth of capital. The fund is an actively-managed ETF that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation.

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