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Editor’s note: This rating and analyst note is applied to the US domiciled version of Ark s exchange-traded-funds. The Ark Global Disruptive Innovation fund is available to Australian investors via the firm s partnership with Nikko Asset Management. The locally distributed version is not rated by Morningstar Australia. While the investment strategy is identical, a different rating may be applied to its local parent. Thematic-investing specialist ARK Investment Management has been in tune with the market’s unfolding narrative in recent years, but its lone portfolio manager, inexperienced team, and lax risk controls make it ill-prepared to grapple with a major plot twist.

Cathie woodBrett wintonAb ma strategic researchAlliancebernstein strategic researchDisruptive innovationNikko asset managementMorningstar analyst ratingRussell midcap growth indexStrategic researchகேத்தி மரம்ப்ரெட் விண்டன்அப மா மூலோபாய ஆராய்ச்சிசீர்குலைக்கும் கண்டுபிடிப்புநிக்கோ சொத்து மேலாண்மைகாலை நட்சத்திரம் ஆய்வாளர் ரேடிஂக்மூலோபாய ஆராய்ச்சி