ARKK fell more than 20% during the year, Casey Wood said it needs "self-reflection"

Casey Wood said that due to expectations that the Federal Reserve will tighten policy, its growth-focused funds are no longer favored, and the company is "self-reflection."

It is understood that the $17.8 billion ARK Innovation ETF (ARKK.US) has fallen by more than 20% this year. Its investment portfolio includes electric car giant Tesla (TSLA.US) and video streaming platform Roku (ROKU). .US) and others have fallen from recent highs. During the same period, the S&P 500 Index rose about 24%.

Wood said in an interview: "I have never experienced a rising market, or an appreciation market, and our strategy is falling. This has never happened before."

"When we go through such a period, of course we will conduct self-reflection and ask ourselves,'Did we miss something?'" In addition, she added that in response, the company has increased its research and modeling efforts.

Article excerpted from the US Stock Research Agency