ARK Investment Management and its CEO, Cathie Wood, are two of the hottest names in the investing world right now.
ARK is an investment management firm that offers a variety of exchange-traded funds (ETFs) that focus on “disruptive innovation.” These ETFs contain stocks with the potential to disrupt their industries, including Tesla, Square, and Teladoc Health. Most recently, ARK made headlines after investing nearly $250 million in Coinbase Global, a cryptocurrency exchange platform.
ARK’s ETFs have experienced phenomenal returns over the last few years, making them an appealing option for many investors. But are they the right investment for you?