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User Info 2021: The Year In Review, And A Wee Light In The Tunnel; entered at 2021-12-30 20:38:14
Posts: 95
Registered: 2021-04-30
Build back better. Keep complying suckers.

Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception

It's been a difficult year for investors in Ark Invest's flagship Disruptive Innovation ETF, with the fund on track for its worst year of performance since launching in 2014.

That's after the ETF delivered sky-high returns of 150% in 2020, helping Ark Invest amass more than $17 billion in assets under management in its flagship fund. The ETF is down 21% in 2021, while the S&P 500 is up about 30% year-to-date.

She now expects even higher returns looking forward, with a recent blog post outlining her view that the fund could deliver a five-year compounded annual growth rate of up to 40%.
2021-12-30 20:38:14