ARK Invest’s chief futurist identifies five groups that should give tech investors an edge.
Brett Winton said robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage are all important areas as they all enter the market at the same time.
“We believe this is a unique time in the history of the tech economy,” he told CNBC’s “ETF Edge” this week.
Winton works with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which gives investors access to the private technology space.
According to the company’s website, the fund’s goal is to make venture capital’s innovative space in the market available to retail investors. As of April 10, the fund’s major holdings include Epic Games, known for the online video game Fortnite, and biotech companies FreeNome and Relation Therapeutics. .
“Our focus is on investing in innovation and supporting our leadership team over the long term,” Winton said.
He argues that this is a strategy that is often not prioritized.
“This is a big challenge because many public market investors don’t have a long-term view,” Winton added.
ARK Venture Fund is down more than 7% since the beginning of the year. However, it has increased by almost 39% over the past 52 weeks.
