EMERGE ARK GLOBAL DISRUPTIVE INNOVATION ETF

Ticker: EARK

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Investment Objectives

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.

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.

Why Invest?

Exposure to Innovation: Aims to achieve thematic multi-capitalization exposure to 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 June 30, 2020

Tesla Inc.10.32%
Invitae Corporation8.66%
Square Inc.7.39%
CRISPR Therapeutics AG5.27%
Roku Inc4.78%
2U Inc4.36%
Illumina Inc3.76%
Proto Labs Inc3.48%
Zillow Group Inc3.35%
LendingTree Inc3.08%
Click Here to Download EARK Full Holdings Report
Fund Facts

EARK NAV (As at September 22, 2020):
$17.61
EARK.U NAV (As at September 22, 2020):
$13.21

CUSIP CAD Series: 291006104
CUSIP USD Series: 291006203
TICKER: EARK
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 June 30, 2020

  • Americas 82.41%
  • Europe 7.98%
  • Middle East 2.54%
Sector Allocation

As at June 30, 2020

  • Health Care 33.74%
  • Information Technology 27.58%
  • Consumer Discretionary 14.68%
  • Communication Services 10.32%
  • Financials 3.13%
  • Industrials 3.48%