ARK Funds Amend ETF Prospectus To Remove Investment Concentration Limits
We have been following the volatility with flows in and out of ARK Funds over the last few months, make note of Cathie Wood's performance and "proprietary" investing style as the NASDAQ has whipsawed back and forth for the better part of 2021.Now, it looks like ARK is making some changes in its disclosures commensurate with its recent "active investing style", wherein it has been rotating out of large cap tech names and into smaller, more speculative names, especially in its ARKK flagship fund.A