Cathie Wood says her 'volatile' ARK Innovation fund shouldn't be a 'huge slice of any portfolio'

By CNBC | Nov 15, 2024 at 10:06 AM EST

Cathie Wood, CEO of Ark Invest, defends the underperformance of ARK Innovation ETF, acknowledging its volatility and recommending it as a satellite strategy. Despite recent struggles, Wood believes in the fund's long-term potential with advanced technologies and emerging sectors.

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