ARK etfs

[Sampoornesh_babu]

Hearing a lot about them there days..anyone invested in ARK etf..any prons and cons

[Galactus]

Returns last year in most ARK* ETFs were outstanding like 140+% , have to see whether they could grow at the same rate this year , they actively manage so you can almost track what they buy and sell daily , twitter has some feeds that give this info daily

Cathie W , who is the CEO has said their target is 20% returns this year and the time frame of most of their funds is 5 years

She was initially ridiculed when she predicted Tesla will reach 4000$ (pre-split) few years back , now that she is right , she and her funds are extremely popular

I'm guessing they will be at least 60-80% returns this year (despite them saying 20% etc) if the market is decent with out any major shakeups

They solely focus on disrupting techs and thats why they have been so successful , check the official ARK website , watch some videos of Cathie W on youtube ,  very insightful

ARK ETFs are at all time high now, there was a small dip today in many ARK* ETFs , previously they were small compared to some big funds but now that they have grown so much over the last year , the real challenge starts 

Can they maintain the same growth is the big question?

Thanks for patiently reading the essay..

PS: This is not an investment advice

[chapstick]

Arkx