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eToro & Cathie Wood’s ARK partner for smart portfolio
Brokerage group eToro and asset management firm ARK Invest have partnered to provide investors with a new smart portfolio. Called ARK-FutureFirst, the portfolio resembles a growth fund. It will allocate investor funds across seven of ARK’s ETFs, which invest in areas including AI, crypto, robotics, healthcare, and renewables. In a statement, the two firms said the smart portfolio aims to take advantage of three growth areas – ‘disruptive innovation’, ‘healthcare innovation’, and ‘sustainability innovation’. eToro’s Smart Portfolios are typically built in-house by their analysts. They offer clients ... (full story)