According to ARK-funds.com:
Fund Objective
ARKK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.
Now they are 47% don YTD is it a good time to ask them:
What is your plan for the Bearish market?
What is your plan for the possible coming recession?
However,
I know the answer..!
looking at the track records of the CEO Cathie Wood in 2008 shows she has no plan for it nor learned her lesson 14 years ago..!
I still believe the story will be ended the same as the NETNET fund..!
Soon or later there will be no ARK- fund to talk about..!
I like to congratulate her on breaking her record in 2008, in just 4 months, this is quite an achievement..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Fund Objective
ARKK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.
Now they are 47% don YTD is it a good time to ask them:
What is your plan for the Bearish market?
What is your plan for the possible coming recession?
However,
I know the answer..!
looking at the track records of the CEO Cathie Wood in 2008 shows she has no plan for it nor learned her lesson 14 years ago..!
I still believe the story will be ended the same as the NETNET fund..!
Soon or later there will be no ARK- fund to talk about..!
I like to congratulate her on breaking her record in 2008, in just 4 months, this is quite an achievement..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.