| Investment Objective: |
ARK Blockchain & Fintech Innovation ETF is an actively-managed ETF that will invest under normal circumstances primarily in domestic and foreign equity securities of companies that are engaged in the Fund's investment theme of Blockchain & Fintech innovation. In selecting companies that the Adviser believes are engaged in the theme of Blockchain & Fintech innovation, the Adviser seeks to identify, using its own internal research and analysis, companies capitalizing on disruptive innovation. Disruptive innovation occurs when a new product or service substantially alters the way a market or industry functions. Blockchain & Fintech Innovation Companies are companies that may develop, use or rely on innovative payment platforms and methodologies, point of sale providers, e-commerce, transactional innovations, business analytics, fraud reduction, frictionless funding platforms, peer-to-peer lending, blockchain technologies, intermediary exchanges, asset allocation technology, mobile payments, and risk pricing and pooling aggregators (insurance). The Fund may have exposure to cryptocurrency, such as bitcoin and Ether, indirectly through an investment in a grantor trust or in other pooled investment vehicles, such as exchange-traded funds. |
