ARKW is an actively managed fund with a very broad mandate. The fund is not limited by geography or by industry. Instead, the fund`s managers are tasked with identifying companies they see as the next generation of Internet evolution. Broadly speaking, ARKW`s managers appear focused on big buzzwords such as Internet of things, cloud computing, digital currencies, and wearable technology. While the fund`s focus may be appealing for investors with conviction in these new technologies, portfolio implementation is a more difficult task. Most of the companies developing these advancements are huge corporations for which nascent technologies are only a small fraction of total revenues. As such, it`s very difficult to get pure-play access to ARKW`s targeted technologies. Be sure to confirm that the fund`s holdings, and not just its thesis, align with your view of the space. Sept. 10, 2021 the fund amended its prospectus to allow investments in Canadian based ETFs holding cryptocurrencies.