Fund Details
As of 06/30/2018
| Ticker | ARKQ |
| Fund Type | Active Equity ETF |
| CUSIP | 00214Q 203 |
| Primary Exchange | NYSE Arca |
| Inception Date | 9/30/2014 |
| Expense Ratio | 0.75% |
| Typical # of Holdings | 30-50 |
| Indicative Value | ARKQ.IV |
| Net Asset Value (NAV) | ARKQ.NV |
| Weighted Avg Market CAP | $119 Billion |
| Median Market CAP | $18.6 Billion |
| Net Assets | $147 Million |
| Portfolio Managers | Catherine D. Wood |
Fact Sheet
Fund Holdings CSVFund Description and Objective
Companies within ARKQ are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable:
- Autonomous Transportation
- Robotics and Automation
- 3D Printing
- Energy Storage
- Space Exploration
ARKQ will be concentrated in issuers in groups of industries in the industrials and information technology sectors, although it will not concentrate in any specific industry.
ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of industrial innovation.
NAV and Market Price
| ARKQ | 3 Months | YTD | 1 Year | 3 Years (annualized) | Since Inception (annualized) |
| NAV | 5.41% | 5.24% | 25.03% | 21.49% | 16.49% |
| Market Price | 5.48% | 5.22% | 25.16% | 21.62% | 16.57% |
*Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The
investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized. Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.
The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
DISCLOSURES
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are contained in the prospectus. Please read the prospectus carefully before investing.
The principal risks of investing in ARKQ: Equity Securities Risk. The value of the equity securities the Fund holds may fall due to general market and economic conditions. Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in government regulation, world events, economic conditions, environmental damages, product liability claims and exchange rates. Information Technology Sector Risk. Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Cryptocurrency Risk. Cryptocurrency (notably, bitcoin), often referred to as ‘‘virtual currency’’ or ‘‘digital currency,’’ operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. The Fund may have exposure to bitcoin, a cryptocurrency, indirectly through an investment in the Bitcoin Investment Trust (‘‘GBTC’’), a privately offered, open-end investment vehicle. Cryptocurrency operates without central authority or banks and is not backed by any government. Even indirectly, cryptocurrencies may experience very high volatility and related investment vehicles like GBTC may be affected by such volatility. As a result of holding cryptocurrency, the Fund may also trade at a significant premium to NAV. Cryptocurrency is also not legal tender. Federal, state or foreign governments may restrict the use and exchange of cryptocurrency, and regulation in the U.S. is still developing. Cryptocurrency exchanges may stop operating or permanently shut down due to fraud, technical glitches, hackers or malware. Additional risks of investing in ARKQ include, market, foreign investment, management and non-diversification risks.
Portfolio holdings will change and should not be considered as investment advice or a recommendation to buy, sell or hold any particular security.