Ark's Wood writes to flagship fund's strategic defense investors
2024/7/11 2:25 PM GMT+9 (some excerpts)
Cathy Wood, founder and CEO of Ark Investment Management, defended the strategy of the flagship fund “ARKK.P” (ARKK.P) in a letter to investors published on the 10th.
Although the ETF rose 67.6% in 2023, it has fallen by more than 12% this year. The S&P Comprehensive 500 (.SPX) has risen 16.9% since the beginning of the year.
According to research firm Bettafi, Ark's ETF has exceeded an outflow of 1.8 billion dollars or more in the past six months.
Although the ETF rose 67.6% in 2023, it has fallen by more than 12% this year. The S&P Comprehensive 500 (.SPX) has risen 16.9% since the beginning of the year.
According to research firm Bettafi, Ark's ETF has exceeded an outflow of 1.8 billion dollars or more in the past six months.
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