EARK is an actively managed exchange-traded fund (ETF) that seeks to achieve long-term growth of capital by investing primarily, under normal circumstances, in the global equity securities of companies that are, or expected to be, focused on disruptive innovation, meaning the introduction of technologically enabled new products or services that could potentially change the way the world works.
EMERGE ARK GLOBAL DISRUPTIVE INNOVATION ETF
How does our sub-advisory relationship work? ARK Invest provides world-class innovation research and trading experience in technology. ARK provides daily investment recommendations for each of our 6 Emerge ARK ETFs.
Profile of an Innovator : Portfolio Manager
Catherine Wood founded ARK Investment Management in 2014. She spent the previous 12 years at AllianceBernstein as Chief Investment Officer of Global Thematic Strategies that had over US$5 billion in assets under management. Before AllianceBernstein, she worked for 18 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.
Exposure to Innovation: Aims to achieve thematic multi-capitalization exposure to disruptive innovation across sectors. ARK believes the securities held in EARK present the best risk-reward opportunities from ARK’s innovation-based themes.
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. EARK 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 ETF that invests in rapidly moving themes.
Top 10 Holdings
As at February 28th, 2023
EARK NAV (As at March 24th, 2023): $7.69
EARK.U NAV (As at March 24th, 2023): $5.58
EARK AUM (As at March 24th, 2023): $74,183,603
CUSIP USD Series: 291096203
INCEPTION DATE: 7.29.2019
EXCHANGE: NEO Stock Exchange
MANAGEMENT FEE: 0.80%
SUB-ADVISORS: ARK Investment Management LLC
*as expected for 2022, please reference emergecm.ca for information regarding the MER for each ETF.
As at February 28th, 2023
- Americas 90.9%
- Europe 3.3%
As at February 28th, 2023
- Information Technology 39.2%
- Health Care 28.3%
- Consumer Discretionary 14.1%
- Communication Services 7.2%
- Financials 5.4%
- Industrials 0.0%
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