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Motley Fool
Where Will ARK Genomic Revolution ETF Be in 5 Years?
Technology improvements and cost reductions in genetic testing and therapies are making it possible to diagnose, treat, and even cure devastating diseases. ARK management believes these advancements are ushering in a “Genomic Age” that could create trillions of dollars in equity market capitalization by 2024. To take advantage of these trends, the ARK Genomic Revolution ETF (NYSEMKT: ARKG) invests in companies proving to be “leaders, enablers, and beneficiaries” of CRISPR (a gene-editing technique), targeted therapeutics, bioinformatics, molecular diagnostics, stem cells, agricultural biology, and healthcare innovation.
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