ARK Invest’s chief futurist lists five groups that should give tech investors an edge.
According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they are all entering the market at the same time.
“We think this is a unique moment in tech financial history,” he told CNBC’s “ETF Edge” this week.
Winton is partnering with ARK Invest CEO Cathie Wood to hold the ARK Venture Fund (ARKVX), which allows investors to buy into the private tech space.
According to the company’s website, the aim of the fund is to make venture capital offerings of innovative market spaces accessible to individual investors. As of April 10, it shows the fund’s top holdings include Epic Games, known for its online video game Fortnite, and biotech companies Freenome and Relation Therapeutics.
“Our emphasis is that we invest in innovation for the long term and we will support the management teams,” said Winton.
He argues that it is a strategy that is often not prioritized.
“That’s a real challenge that a lot of public market investors don’t have that long-term view,” Winton added.
ARK Venture Fund is down more than 7% so far this year. However, it is up nearly 39% over the past 52 weeks.
