The Pandemic Transformed Fintech. The ARKF ETF Responded
The actively managed 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.
Vital to the long-term thesis for fintech assets such as ARKF is that many of the changes forced by the pandemic will be sticky, sticking around long after the virus is defeated.
“The Covid-19 pandemic has provided a major boost for the fintech sector, with more financial decision makers now using start-up tech companies as part of their every day lives, according to research by McKinsey,” reports
“Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting funds, foreign investors, experts and analysts say,” a Reuters article noted.
Analysts from around the globe are certainly taking notice.
“The successful management of the pandemic to date has already enabled the country to capture a larger share of global trade and FDI (foreign direct investment) during 2020,” said Carolyn Turk, the World Bank’s country director in Vietnam.
As for the fund, VNM seeks to replicate as closely as possible the price and yield performance of the MVIS® Vietnam Index. A company is generally considered to be a Vietnamese company if it is incorporated in Vietnam or is incorporated outside of Vietnam but has at least 50% of its revenues/related assets in Vietnam.
The U.K. has been one of the countries hardest hit by the coronavirus pandemic, but some market observers believe British stocks are ready to deliver again.
By Grant Engelbart, CFA, CAIA – Senior Portfolio Manager
Just what the world needs, more acronyms. While there isn’t yet an industry-agreed upon term, the active non-transparent (ANT) ETF structure is fresh and new. Non-transparent Active (NTA) might flow better, but it’s not as fun. Either way, the ETF industry has been waiting for some time for the launch of these specific type of ETF after the launch of the Exchange-Traded Managed Fund (ETMF) to limited success in 2014. Let’s look at why or why not these could be game changers in the industry (ETF 2.0 as some call it) and then examine the current structures and products.