ARK Invest’s chief futurist lists five groups that should give tech investors an edge.According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time.”We believe that this is a unique time in technological economic history,” he told CNBC’s “ETF Edge” this week.Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space.According to the firm’s website, the goal of the fund is to make venture capital offerings of innovative spaces in the market accessible to individual investors. As of April 10, it shows the fund’s top holdings include Epic Games, known for online video game Fortnite, and biotech companies Freenome and Relation Therapeutics.”Our emphasis is that we are investing in innovation over the long term and going to support management teams,” said Winton.He contends it’s a strategy that’s often not prioritized.”That’s a real challenge a lot of public market investors don’t have that long-term view,” Winton added.The ARK Venture Fund is down more than 7% so far this year. However, it’s up almost 39% percent over the past 52-weeks.Don’t miss these exclusives from CNBC PROFriday’s biggest analyst calls: Nvidia, Microsoft, Alphabet, Apple, Snap, Intel, Western Digital and moreHere’s where to invest $1 million right now, according to the prosForget Nvidia: Morgan Stanley says Intel’s much-hyped AI chip will boost 3 global stocksThese 5 stocks will power the AI revolution as data centers spread and electricity demand doubles, says Bank of AmericaEarnings playbook: Your guide to trading a huge week of reports, including Meta PlatformsDisclaimer …
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[mwai_chat context=”Let’s have a discussion about this article:nnARK Invest’s chief futurist lists five groups that should give tech investors an edge.According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time.”We believe that this is a unique time in technological economic history,” he told CNBC’s “ETF Edge” this week.Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space.According to the firm’s website, the goal of the fund is to make venture capital offerings of innovative spaces in the market accessible to individual investors. As of April 10, it shows the fund’s top holdings include Epic Games, known for online video game Fortnite, and biotech companies Freenome and Relation Therapeutics.”Our emphasis is that we are investing in innovation over the long term and going to support management teams,” said Winton.He contends it’s a strategy that’s often not prioritized.”That’s a real challenge a lot of public market investors don’t have that long-term view,” Winton added.The ARK Venture Fund is down more than 7% so far this year. However, it’s up almost 39% percent over the past 52-weeks.Don’t miss these exclusives from CNBC PROFriday’s biggest analyst calls: Nvidia, Microsoft, Alphabet, Apple, Snap, Intel, Western Digital and moreHere’s where to invest $1 million right now, according to the prosForget Nvidia: Morgan Stanley says Intel’s much-hyped AI chip will boost 3 global stocksThese 5 stocks will power the AI revolution as data centers spread and electricity demand doubles, says Bank of AmericaEarnings playbook: Your guide to trading a huge week of reports, including Meta PlatformsDisclaimer …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
