In a recent interview with CNBC's “ETF Edge,” Brett Winton, the chief futurist at ARK Invest, highlighted five technological areas that he believes will give tech investors an edge in the market. These areas include robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage. Winton emphasized that these sectors are all entering the marketplace simultaneously, making it a unique time in technological economic history.
The ARK Venture Fund
Winton, who collaborates with ARK Invest CEO Cathie Wood, plays a key role in managing the ARK Venture Fund (ARKVX). This fund provides investors with the opportunity to invest in the private technology space, aiming to make venture capital offerings in innovative markets accessible to individual investors. The fund's top holdings include companies like Epic Games, which is famous for the online video game Fortnite, as well as biotech companies Freenome and Relation Therapeutics.
Long-Term Investment Strategy
One of the key principles behind the ARK Venture Fund is the focus on long-term investment in innovation. Winton stressed the importance of supporting management teams and maintaining a long-term view, a strategy that he believes is often overlooked by many public market investors. Despite facing challenges, such as the fund being down more than 7% year-to-date, it has shown strong performance, with nearly 39% growth over the past 52 weeks.
This new approach to tech investing prioritizes future-oriented sectors and companies that are at the forefront of innovation. By focusing on areas like robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage, investors can position themselves for long-term growth and success in the rapidly evolving tech industry. ARK Invest's emphasis on innovation and long-term support for management teams sets it apart from traditional investment strategies and highlights the potential for significant returns in the ever-changing world of technology.