Cathie Wood's flagship fund pockets $300 million in fees since its 2014 launch – but her investors haven't been so lucky

Thu, 03/09/2023 - 10:34

Cathie Wood's Ark Invest has raked in $310 million in fees on its flagship ARK Innovation ETF fund since its inception, new research shows.
That's despite the fund's poor performance over the last two years, notching losses of 70% in 2022 and 21% the year prior.
ARKK's annual management fees of 0.75% of assets is double the average of actively managed ETF's, per FactSet.

Cathie Wood's flagship fund Ark Innovation ETF has bagged $310 million in fees since its launch nine years ago, new research shows.