Cathie Wood's ARK Invest debuts first European ETFs

The company has unveiled three inaugural funds, starting with the firm’s $14bn flagship strategy ARK Innovation UCITS ETF (ARKK), alongside ARK Genomic Revolution UCITS ETF (ARKG) and ARK Artificial Intelligence & Robotics UCITS ETF (ARKI).
ARKK said it seeks to invest in companies involved in a “disruptive innovation”, defined by the firm as the “introduction of a technologically enabled new product or service that potentially changes the way the world works”.
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“ARKK represents our best ideas, drawing from a decade-long trac…