38 days ago • Posted by William Ramstein

Investors are not running away that quickly from Cathie Wood's fund

Her flagship ARK Innovation ETF (ARKK) has fallen about 35% from its high. Still, the mass exodus some had anticipated during a period of underperformance hasn’t yet materialized, with traders pulling just $76 million from the fund in April and $301 million so far in May, compared to the $7.1 billion added in the first three months of the year.

Source: Bloomberg

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