Cathie Wood of ARK is not the first highly concentrated active manager to shoot the lights out for half a decade while sparking a stampede of flows into their funds. There have been many throughout history but perhaps the one that most echoes ARK today is the famous Janus Twenty Fund, which dominated the latter half of the '90s and early 2000s with very similar returns and flows to what ARK is experiencing, albeit one met with a 50% downturn when the Internet bubble burst.

On this episode of Trillions, we speak to Scott Schoelzel, the former PM of the Janus Twenty during the fund's magical stretch from 1998 to 2007. Having lived through the ups and downs of cycles, he gives us his thoughts on the current situation with ARK, advice for the firm's investors as well as his takes on the state of active management, ETFs, the Fed and what he's up to these days living out on his farm in Colorado.

is the expense ratio acceptable ?

i feel like the popularity of her funds has made the funds all become some kind of self fulfilling prophecy already

is the expense ratio acceptable ?

Updated the first post with respective expense ratio.

It is in the same range as Robo-advisors in Malaysia but if you are going through a feeder fund then play close attention to fees if it is a long term investment.

Adds up over time......

....

i got this from.....

Managed funds fee calculator
How fees and costs will affect your investment
https://moneysmart.gov.au/managed-funds-and...-fee-calculator

just not sure if my assumption are correct....

Investment earnings of 9.2%. I guess that's the fund p.a return before minusing the contribution fee right?

i got this from.....

Managed funds fee calculator
How fees and costs will affect your investment
https://moneysmart.gov.au/managed-funds-and...-fee-calculator

just not sure if my assumption are correct....

When you compare Janus twenty and ARKK side by side, you will realized it is in a pretty dangerous valuation now. Past performance may not equate to future results. If Ark doesn't regress to mean, maybe she will achieve legend status.

Also just goes to show us how awesome buffet really is.

Conclusion
Buy the Unloved isn't a total portfolio investing strategy, and it does not work 100% of the time. While outflows do not directly affect or indicate valuations, the data can point us toward areas of the market that have been beaten down or are unpopular and that may be ripe for recovery. It's also important to consider the contrary case at a time when our own biases may push us toward high-flying funds that may be reaching a tipping point.

If you are only taking into account the one time contribution/sales charge then the calculation is correct.

Haven't taken into account the yearly management fee and once that is taken into account the numbers match.
..............

for a CIS  (/UT funds), the NAV is used to calculates the fund performance or returns....
the NAV is net of all fees

investment sum 100 000
duration 30 yrs
ROI 9.2%
sales charge 1%, 2%, 3%

are all from earlier postings....just that the impact of the sales charges on the total sum are not that great a percentage as per the earlier postings

also, the sales charges amount if amortized it over a 30 yrs periods will be very significant (or just very little)

Anyone purchased this etf ?

Ark’s exchange-traded fund assets under management crossed $50 billion this week, up from only $3.6 billion at this time last year, according to data compiled by Bloomberg. In 2021 alone, investors have funneled almost $11 billion in Wood’s family of funds.

The new record underscores the flood of money pouring into thematic products, tracking topics like genomics and fintech, as retail traders put money to work in funds with relatable narratives. Wood’s eye-popping returns catch the pros’ attention, while her approachable persona attracts investors just starting out.