ARK Funds: The Tail that Wags the Dog?

The popularity of the company’s funds raises a tricky question.

John Rekenthaler 27 February, 2021 | 1:49
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'Tis the season for investment spectacles. While GameStop embarked on the most dramatic round trip in modern stock-market history, boomeranging from US$40 per share to US$480 and then back to US$40, the ARK family of funds made its own history. On Feb. 9 and then again on Feb. 11, ARK funds received more than US$1 billion of inflows.

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John Rekenthaler  is vice president of research for Morningstar.

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