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ARK Launches Fintech Innovation ETF (ARKF)

ARK Investment Management LLC (ARK), a New York-based adviser focused solely on disruptive innovation, today launched the ARK Fintech Innovation ETF (ARKF), its fifth actively managed exchange-traded fund (ETF), and seventh ETF overall. The new fund will begin trading publicly on the New York Stock Exchange Arca on Monday February 4th.

The ARK Fintech Innovation ETF (ARKF) invests in equity securities of companies that ARK believes are shifting financial services and economic transactions to technology infrastructure platforms, ultimately revolutionizing financial services by creating simplicity and accessibility while driving down costs.

“Powered by innovations within mobile, artificial intelligence, and blockchain technology, companies within fintech are working to disintermediate or bypass incumbent financial players and challenge traditional institutions by offering new solutions that are better, cheaper, faster, and more novel and secure,” stated ARK’s Founder and Chief Executive Officer, Catherine Wood. “Fintech reimagines the generation, transfer, and storage of value in today’s increasingly digital economy, and its impact will extend across every industry. Through facilitating peer-to-peer transfers, gifting, intermediary products, and other non-GDP related economic activity, the companies in ARKF, in our view, will touch more than the $80 trillion in GDP today.”

“Launching ARKF was a natural progression that builds on the success of our sub-advised fintech mutual fund with Nikko Asset Management in Japan, which received the Morningstar Fund of the Year 2017 Global Equity Award,” stated ARK’s Chief Operating Officer, Tom Staudt. “We believe all investors, both retail and institutional, should have access to investment opportunities in disruptive innovation and are excited that ARKF will fill a hole in US public equity markets for an actively managed, research-based fintech fund.”

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ARK has become a global investment manager, advising or sub-advising funds and separate accounts across four continents, including North AmericaAsiaAustralia, and Europe. The firm offers a range of investment vehicles including ETFs, institutional and retail separately managed accounts, US and international mutual funds, and a UCITS fund. As of January 30, 2019, ARK’s assets under management (AUM) had grown to $6.5 billion, a testament that ARK’s active approach to investing and focus on disruptive innovation not only is unique to the industry, but also is driving its success. ARK’s ETF suite accounts for over $2.25 billion, with ARKF joining existing innovation funds: ARK Innovation ETF (ARKK), ARK Web x.0 ETF (ARKW), ARK Genomic Revolution ETF (ARKG), ARK Industrial Innovation ETF (ARKQ), The 3D Printing ETF (PRNT), and ARK Israel Innovative Technology ETF (IZRL).

About ARK Investment Management LLC

Headquartered in New York City, ARK Investment Management LLC is a federally registered investment adviser and privately held investment firm with approximately $6.5 billion assets under management as of January 30, 2019.

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For additional information regarding  funds, please visit

Foreside Fund Services, LLC

Investors should carefully consider the investment objectives and risks as well as charges and expenses of an ARK ETF before investing. This and other information are contained in the ARK ETFs’ prospectuses, which may be obtained by visiting The prospectus should be read carefully before investing.

Jung Min-seo


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