After a historic November, the best month the market has seen since January 1987, I found an interesting Exchange Traded Fund trend; one ETF manager has three of the top ten best performing ETFs of 2020. Furthermore, what makes this one fund manager even more impressive is this performance when you run the screener and leave leveraged funds in play, even though none of the ARK Invest funds are leveraged products themselves.
So not only are these three funds not leveraged and therefore exposing you to more risk than you may want, but they are beating other leveraged funds. One of the main ways ARK is likely to show excellent results in 2020 is its different way of thinking about investing. They state on their website this belief.
"Not Your Traditional Investment Manager
The world is changing rapidly. While traditional investors seek safety in benchmarks and passive strategies, ARK believes this behavior is counterproductive. Innovation is causing disruption and the risks associated with the traditional world order are rising. We strive to invest at the pace of innovation"
The fund managers certainly see themselves as a little different than others on Wall Street, and this year has undoubtedly proven what they are doing is beating the rest of the pack.
So, how great was the performance of Ark's fund thus far? Continue reading "ARK Investments ETFs Have Been Top Performers"