On 18 April 2024, ARK Invest Europe (formerly Rize ETF) unveiled its first batch of actively managed UCITS ETFs.
The new ETFs are now listed on the Deutsche Bӧrse Xetra, the London Stock Exchange and CBOE Amsterdam, with listing on the Borsa Italiana and the SIX Swiss Exchange due in the coming weeks.
The new offerings include the ARK Innovation UCITS ETF, the ARK Artificial Intelligence & Robotics UCITS ETF and the ARK Genomic Revolution UCITS ETF.
Innovation
The ARK Innovation UCITS ETF is designed for those looking to invest in companies that present the best risk-reward opportunities from ARK’s five innovation-based investment themes: Artificial Intelligence, Robotics, Energy Storage, Multiomic Sequencing and Public Blockchains. The ETF is backed by industry-recognised, first-principles research on technology, conducted by a team of domain experts who cross-collaborate on active stock selection.
The timing for this ETF is particularly pertinent as these converging technologies are expected to lead to significant macroeconomic shifts, potentially increasing the annualised equity return associated with disruptive innovation significantly by 2030. We project that the global equity market value tied to innovation could swell from 16% to over 60% by 2030, marking a significant shift in investment dynamics. Today’s era of technological convergence represents a revolutionary leap forward, which we believe has the potential to herald in a new age of opportunity, growth and societal advancement, and open up a new chapter in the story of human prosperity.
Key companies within this ETF include Tesla, known for its advancements in autonomous electric mobility and Coinbase, the world’s leading digital currency exchange platform.