ARK Invest’s chief futurist lists five groups that should give tech investors an edge.
According to Brett Winton, robotics, artificial intelligence, multi-ohm sequencing, public blockchain and energy storage are key areas as they all come to market at the same time.
“We think this is a unique time in the history of the tech economy,” he said this week on CNBC’s ETF Edge.
Wynton is partnering with ARK Invest CEO Cathie Wood to support the ARK Venture Fund (ARKVX), which allows investors to buy into the private tech space.
According to the firm’s website, the fund’s goal is to make venture capital offerings of innovative market space available to individual investors. As of April 10, the fund’s largest holdings include Epic Games, best known for the online video game Fortnite, as well as biotech companies Freenome and Relation Therapeutics.
“Our emphasis is that we’re investing in innovation for the long term and we’re going to support management teams,” Winton said.
He argues that this strategy is often not a priority.
“This is a real problem that a lot of public market investors don’t have that long-term vision for,” Winton added.
The ARK venture capital fund is down more than 7% this year. However, it is up nearly 39% over the past 52 weeks.