![]() Let’s take a stroll down mutual fund lane to see how this has played out in the past. Investors have an awful track record when it comes to chasing the hottest funds of the day. While the fund is up 170% this year, the assets under management are up nearly 900%. ![]() The growth in AUM is even more striking than the fund performance: These numbers are massive for a non-Vanguard/iShares fund provider and an active one to boot. Investors have taken notice based on the flows into the fund: Wood has made even more concentrated bets in certain areas of tech and it’s paid off handsomely.ĪRKK has been outperforming for a number of years now but you can see things have really ramped up since the bottom earlier this year in late-March. The Nasdaq 100 has been next to impossible to beat these last few years because of the heavy concentration in big tech yet ARK’s performance makes it look quaint by comparison. ![]() The track record for her ARK Innovation ETF is unreal: Vanguard and iShares basically killed the star mutual fund manager in recent decades.īut if anyone deserves that title right now it has to be Cathie Wood from ARK Investment Management. A Short History of Chasing The Best Performing Funds
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