ARK Innovation ETF's Approach is Ill-Timed for a Major Twist
Personnel issues and lax risk controls loom large here.
Thematic-investing specialist ARK Investment Management has been in tune with the market’s unfolding narrative in recent years, but its lone portfolio manager, inexperienced team, and lax risk controls make it ill-prepared to grapple with a major plot twist. Its flagship strategy, ARK Innovation (ARKK), earns a Morningstar Analyst Rating of Neutral.
Robby Greengold does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.