ARK Innovation ETF is an actively managed exchange-traded fund focused on achieving long-term growth of capital. It invests primarily—at least 65% of its assets—in domestic and foreign equity securities of companies engaged in disruptive innovation, defined as technologically enabled new products or services that potentially transform how the world works. Key innovation platforms include public blockchains enabling cryptocurrencies, smart contracts, and digital wallets; artificial intelligence powering neural networks, intelligent devices, and next-generation cloud computing; multiomic technologies and precision therapies advancing biological discoveries and healthcare; energy storage supporting advanced battery technology and autonomous mobility; and robotics encompassing humanoid robots and 3D printing. The fund targets companies across sectors like information technology, health care, consumer discretionary, communication services, financials, and industrials that benefit from these advancements. ARK Innovation ETF provides investors with concentrated exposure to high-conviction ideas in cutting-edge technologies driving economic and societal change. Founded in 2014 and managed by ARK Invest, it emphasizes active management to adapt to evolving innovation trends.