“Launching ARKF was a natural progression that builds on the success of our sub-advised fintech mutual fund with Nikko Asset Management in Japan, which received the Morningstar Fund of the Year 2017 Global Equity Award,” stated ARK’s Chief Operating Officer, Tom Staudt. “We believe all investors, both retail and institutional, should have access to investment opportunities in disruptive innovation and are excited that ARKF will fill a hole in US public equity markets for an actively managed, research-based fintech fund.”
ARK has become a global investment manager, advising or sub-advising funds and separate accounts across four continents, including North America Asia, Australia, and Europe. The firm offers a range of investment vehicles including ETFs, institutional and retail separately managed accounts, US and international mutual funds, and a UCITS fund.
As of January 30, 2019, ARK’s assets under management (AUM) had grown to $6.5 billion, a testament that ARK’s active approach to investing and focus on disruptive innovation not only is unique to the industry, but also is driving its success. ARK’s ETF suite accounts for over $2.25 billion, with ARKF joining existing innovation funds: ARK Innovation ETF (NYSEArca: ARKK), ARK Web x.0 ETF (NYSEArca: ARKW), ARK Genomic Revolution ETF (NYSEArca: ARKG), ARK Industrial Innovation ETF (NYSEArca: ARKQ), The 3D Printing ETF (BATS: PRNT), and ARK Israel Innovative Technology ETF (BATS: IZRL).
Financial advisors who are interested in learning more about the fintech market can register for the Thursday, February 21 webcast here.
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