Is it possible that you do not know if the person who provides the seed money for your first 4 Funds is still ARK’s shareholder or not???
Wood said she had sent Hwang a note "wishing him well" after the Archegos collapse. Wood said she had no idea if Hwang had remained a shareholder in Ark ETFs.(yahoo)
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
It is good to do some research before tweeting about it..!: The cost to produce a barrel varies from about $20 per barrel in Saudi Arabia's desserts to $90 per barrel for some deep-water wells.
Note
10 months ago when ARKK was 109 in an interview with CNBC: kathy wood joins us now in an exclusive interview kathy good afternoon thanks so much for joining us happy to be here wilfred um thank you let's touch if we made uh on this sort of current pullback do you actually welcome that as a long-term buying opportunity for a lot of the stocks you love or are you feeling the heat a little bit oh i i love this setup uh you know i the last time i was on i think i said uh that this rotation was good news because uh it meant the bull market was broadening out it was strengthening and uh the worst thing that could have happened to us is to have the market narrowly focus on just our ilk of stock the the innovation space instead it is broadened out so that year to date uh i think it's energy is up 40 financials are up 27 and from the peak uh in mid-february our strategies are down well the the ones that have been hit the hardest uh not all of them are down 30 to 35 percent i love that setup uh uh we're at from our our point of view five year time horizon nothing has changed except the price and therefore the return which at the peak of the market and of our strategy in mid-february we expected a compound annual rate of return of 15 percent uh on average per year from our strategies now that the prices are down uh that that number is somewhere in the 25 to 30 percent range you may love the setup kathy but it hasn't been great for your business i mean we're start to the month on record you've seen outflows of a billion dollars how are you managing these declines and there's speculations of speculation out there that if the outclos outflows continue it would be hard to meet redemptions no uh well first of all i don't have to worry about redemptions etfs uh the etf ecosystem is a beautiful thing for portfolio managers i highly recommend it and so what that means is when i am making decisions they are investment decisions i have nothing to do with the flows the etf ecosystem the the authorized participants the market makers outside of arc although of course we're overseeing uh their their actions they are facilitating our flows and they're doing it in many ways with algorithms and derivatives uh and uh you know i think the the ecosystem has become quite profitable for them uh so we have experienced no problem if you look at our spreads there's been hardly a disturbance in our spreads as far as flows actually we've been very gratified i think uh if you go month by month now this is end point to end point uh we have not seen a month of redemptions yet uh and uh i would be you know i don't want to say never i mean of course we're going to get redemptions and in fact uh in the etf structure structure when we get redemptions because of the in-kind nature of redemptions we are able uh to offer a much more tax efficient strategy or portfolio in this rapper than we ever could have in a mutual fund shepard smith here thanks for watching cnbc on youtube
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.