No Room on the ARK?
If you can get aboard, should you?
By every measure, the ARK family of funds has been tremendously successful. ARK founder Cathie Wood and team have seen their vision of the trends that will shape the future translate into off-the-charts performance. Investors have taken notice, and investment flows have followed. The firm’s recent growth is unprecedented among the upper ranks of the asset management industry. But as the firm skyrockets up the industry league table, investors should be asking whether the kind of performance that has landed ARK on its current perch is sustainable--especially as capacity concerns mount.
Ben Johnson does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.