EMERGE ARK AI & BIG DATA ETF

Ticker: EAAI

Emerge goes live with Cathie Wood, CEO/CIO, ARK Invest on January 20th at 330pm ET

Investment Objectives

EAAI is an actively managed ETF that seeks to achieve long-term growth of capital by investing primarily, under normal circumstances, in global equity securities of companies that are or, are expected to be, focused on artificial intelligence, big data, and the shift of technology infrastructure from hardware and software to the cloud.

Profile of an Innovator : Portfolio Manager

Catherine founded ARK Investment Management in 2014. Previously, she completed twelve years at Alliance Bernstein as Chief Investment Officer of Global Thematic Strategies with over $5 billion in assets under management. Before Alliance Bernstein, she worked for eighteen years with Jennison Associates as Chief Economist, Equity Research Analyst, Portfolio Manager, and Director. Catherine started her career in Los Angeles at the Capital Group as an Assistant Economist.

Why Invest?

Exposure to Innovation: Aims for thematic multi-cap exposure to innovative innovation technologies, including: cloud computing, big data, digital media, e-commerce, and the Internet of Things (IOT).

Growth Potential: Aims to capture long-term growth with low correlation of relative returns to traditional growth strategies and negative correlation to value strategies.

Tool for Diversification: Active stock selection results in little overlap with traditional indices. It can be a complement to traditional value/growth strategies.

Grounded in Research: Combines top-down and bottom-up research in its portfolio management to identify innovative companies and convergence across markets.

Cost Effective: Provides a lower cost alternative to mutual funds with true active management in an Exchange Traded Fund (ETF) that invests in rapidly moving themes.

Top 10 Holdings

As at December 31 2020

Tesla Inc.10.37%
Roku Inc. 6.48%
Square Inc4.53%
Teladoc Health Inc3.72%
Spotify Technology SA3.32%
Pure Storage Inc 3.04%
Tencent Holdings Ltd2.77%
Facebook Inc2.59%
Snap Inc2.35%
Pinterest Inc2.25%
Click Here to Download EAAI Full Holdings Report as of Nov. 30, 2020.
Fund Facts

EAAI NAV (As at January 14th, 2021): $26.11

EAAI.U NAV (As at January 14th, 2021): $20.63


CUSIP CAD Series: 29103F101
CUSIP USD Series: 29103F200
TICKER: EAAI
INCEPTION DATE: 7.29.2019
EXCHANGE: NEO Stock Exchange
MANAGEMENT FEE: 0.80%
CURRENCY: CAD/USD
SUB-ADVISORS: ARK Investment Management LLC

Fund Characteristics

As at December 31 2020

  • Americas 78.80%
  • Asia 14.92%
  • Europe 4.33%
  • Asia-Pacific 1.00%
Sector Allocation

As at December 31 2020

  • Information Technology 36.28%
  • Communications Services 28.76%
  • Consumer Discretionary 17.16%
  • Financials 11.48%
  • Health Care 5.37%