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Friday, July 30, 2021

Anti-Ark ETF to Bet Against Cathie Wood's Flagship Fund - Bloomberg

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Those who think Cathie Wood’s hot hand is cooling may soon be able to express that view via an exchange-traded fund.

The Short ARKK ETF would seek to track the inverse performance of the $23 billion Ark Innovation ETF (ticker ARKK) -- the largest fund in Ark Investment Management’s lineup -- through swaps contracts, according to a filing Friday with the U.S. Securities and Exchange Commission. The fund would trade under the ticker SARK and charge a 0.75% operating expense, in line with ARKK’s fee.

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"wood" - Google News
July 31, 2021 at 06:15AM
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Anti-Ark ETF to Bet Against Cathie Wood's Flagship Fund - Bloomberg
"wood" - Google News
https://ift.tt/3du6D7I

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