ARK Space Exploration & Innovation ETF
Listed March 30, 2021
The ARK Space Exploration & Innovation ETFs (Fund) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (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 Funds investment theme of Space Exploration and innovation. The Adviser defines Space Exploration as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.
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About ARK Investment Management
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Founded in 2014, ARK Investment Management LLC is a New York based asset manager offering global thematic strategies that capitalize on the investment opportunities created by disruptive innovation. ARK believes that innovation is key to the long-term growth of company earnings, revenues and profits. By identifying and investing in public companies that are the leaders, enablers, and beneficiaries of disruptive innovation, ARK's strategies aim to deliver superior long-term capital appreciation and outperformance with low correlation to traditional investment strategies. With the launch of The 30 Printing ETF (PRNT), ARK's ETF division now manages five equity ETFs, with focuses on Genomics Revolution, Industrial Innovation, Next Generation Internet, and Disruptive Innovation (ARKG, ARKO, ARKW, ARKK). Catherine D. Wood founded ARK with over 35 years of experience in thematic investing, including her previous 12 years as the CIO of Global Thematic Strategies for AllianceBernstein managing over $5 billion.