Investors ploughed $1.5bn into Cathie Wood’s flagship Ark fund in the first half of 2022, even as a brutal tech sell-off hammered its top holdings.
But in a sign that many believe Wood’s legacy is not yet behind her, ARKK still attracted nearly $1.5bn of inflows year-to-date, according to TrackInsight — with enthusiasts focusing on the longer-term opportunities of thematic ETF investing. Still, some anticipate further market ructions in the months ahead, painting a bleak picture for growth companies rocked by higher borrowing costs. Many such organisations benefited from a period of “easy money” during the early stages of the Covid-19 pandemic, with near-zero interest rates flattering their projected cash flows and earnings.
Soooo many bag holders at $100+ just goes to show… sell & repent Always be in the money raising business… like Matthew Mcauneghy in Wolf of Wall Street Just take their money, don’t worry about results, the goal is money in