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Has This Unconventional Growth Fund Lost Its Mojo?


Published on 2025-03-09 05:22:09 - Kiplinger
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  • The Primecap Odyssey Growth Fund has lagged the broader S&P 500, but it still boasts a solid return and provides investors with diversification.

The article from MSN Money discusses the performance and current status of the ARK Innovation ETF (ARKK), managed by Cathie Wood, which has been known for its unconventional approach to investing in high-growth, disruptive technology companies. Once a darling of the investment world, ARKK has experienced a significant downturn, losing about 70% of its value from its peak in February 2021. The fund's strategy focuses on companies like Tesla, Zoom, and Roku, which were seen as leaders in innovation but have since faced various challenges including regulatory scrutiny, competition, and shifts in market dynamics. Despite these setbacks, the article explores whether ARKK has lost its "mojo" or if there's still potential for recovery, citing Wood's continued optimism about the future of disruptive innovation. The piece also touches on the broader market's skepticism towards high-growth tech stocks amidst rising interest rates and a shift towards value investing, questioning if ARKK can regain its former glory or if its best days are behind it.

Read the Full Kiplinger Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/has-this-unconventional-growth-fund-lost-its-mojo/ar-AA1Awc2k ]