ARK Invest has partnered with platform eToro to launch a technology and innovation-focused ‘Smart Portfolio’, named ARK-FutureFirst.
The portfolio, which aims to achieve high levels of growth for investors through exposure to technology, healthcare and sustainability sectors, comprises seven equally-weighted positions in ARK Invest’s UCITS ETFs. These are: Rize Global Sustainable Infrastructure, Rize Environmental Impact 100, Rize Sustainable Future of Food, Rize Cybersecurity Data Privacy, ARK Innovation, ARK Artificial Intelligence & Robotics, and ARK Genomic Revolution.
In aggregate, the portfolio aims to provide access to three key themes: disruptive innovation, including robotics, AI and blockchain technology; healthcare innovation, such as gene editing and multinomic sequencing; and sustainability innovation, which is centred around renewable energy and the circular economy.
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Initial investment begins at $500, and investors are able to access tools and charts in order to track the portfolio’s performance. Investors will also have access to eToro’s social feed, which will provide regular updates on the sectors that they are exposed to.
Cathie Wood, founder and CEO of Ark Invest, said: “We are thrilled to partner with eToro to launch a new model portfolio centered around three key areas that we believe are poised for transformative growth.
“As more investors around the world are gaining access to ETFs via the growth of digital platforms, we are excited that this partnership will enable us to introduce some of our best ideas and original strategies at ARK Invest Europe to eToro’s 38 million retail investors.”
James Thomas, head of European sales at ARK Invest, said the firm has been “actively working with partners” over the last few months, in order to develop model portfolio solutions to European retail investors.
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“We look forward to developing further partnerships with industry leaders, like eToro, who are dedicated to bringing future-focused investment solutions to their customers,” he added.
Gil Shapira, CIO at eToro, said: “We’re excited to partner with ARK Invest to bring this new portfolio to retail investors around the world. The ARK team has built a prestigious reputation for its original research and portfolio management expertise. With the ARK-FutureFirst portfolio, eToro users can seek growth through truly long-term, cross-sector trends that are predicted to not just shift markets but the world for decades to come.”
