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There will be three new BMO ARK Funds, each with an emphasis on secular trends and disruptive innovation, according to a press release. “The traditional world order is going to be disrupted and disruptive innovations are going to account for the majority of the market,” Catherine Wood, chief executive officer and chief investment officer of ARK Investment Management, said in a television interview on Thursday.
Wood said investors will need to diversify their investment portfolios to hedge against looming disruption.
no thanks
Time to sell BMO.
Just goes to show that BMO couldn't care less about their clients and only cares about collecting MERs from customers. ARK is a disaster unless these are inverse ARK funds.
I would not touch anything with cathy woods portfolio.
Wow she hasn't wasted enough investor time and money?
Casinos give you better odds.
I have always been a fan of BMO etfs. Now, with this move, I’m no longer as confident. Perhaps Larry Berman is feeling the same way.
So let me guess, the brains at BMO looked at her great returns and said we want in. Orrrrrrr Tech stocks so beaten down that now's the time to create this fund, hmmmm🤔
I would love and inverse of that.
Now keep bombing Canadians with word of DISRUPTIVE
This womans a joke and anybody willing to buy this should just set their money on fire and at least light a cigar with it
😂
🤮
Bye bye BMO WHAT A DISASTER IN THE MAKING...CathieDWood has got to be the dummest chic on wallst
🤡🤡🤣🤣
Hey BMO I’m really hoping you’re creating an inverse Cathy Wood ETF so we can make a fortune over the next year or two while her investments plummet. Alternatively I wish I could short the ETF.
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