English
Back
Download
Log in to access Online Inquiry
Back to the Top

Cathie Wood’s new fund gives small investors access to the VC market for just $500

Cathie Wood’s new fund gives small investors access to the VC market for just $500
Cathie Wood’s Ark Invest launched a new venture capital fund, targeting individual investors with a minimum investment of just $500.
The actively managed Ark Venture Fund invests in 70% private firms and 30% public companies focused on technologically enabled innovation, and selectively in other venture capital funds, Ark Invest said Tuesday. The fund is available to individual investors initially through investing app Titan, a startup backed by Andreessen Horowitz.
The Ark Venture Fund charges a flat management fee of 2.75%, and does not charge any carried interest or load fees. The total expense ratio of the fund is estimated to be 4.22%, Ark said.
Ark’s flagship Innovation Fund ( $ARK Innovation ETF (ARKK.US)$ ) has been under water all year as Wood’s disruptive darlings have been some of the biggest victims of rising interest rates. ARKK is down 60% this year and off 70% from its 52-week high in November.
$Tesla (TSLA.US)$ $Tradr 2X Short Innovation Daily ETF (SARK.US)$ $Zoom Communications (ZM.US)$ $Bitcoin (BTC.CC)$ $Roku Inc (ROKU.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
6
+0
1
Translate
Report
94K Views
Comment
Sign in to post a comment
Cathie Wood Stock Tracker
491
Followers
10
Following
1072
Visitors
Follow