Tesla caused a disaster for "Wooden Sister"? Its funds are facing a large-scale withdrawal from investors
桃花朵朵149
发表于 2024-4-24 14:52:43
1284
0
0
After experiencing a series of "betting mistakes" and three years of painful decline, Casey Wood, the head of Ark Investment and known as the "female version of Buffett," has recently been "mercilessly abandoned" by investors.
Data shows that six actively managed exchange traded funds (ARK ETFs) under Ark Investment have experienced a net outflow of $2.2 billion this year, exceeding the total inflow of funds for the entire year of 2023. Analysts have pointed out that this is mainly because Mu Jie's fund has placed too much emphasis on stocks such as Tesla and Roku that have performed exceptionally poorly this year.
It is reported that the total assets managed by ARK ETFs are $11.1 billion, a decrease of 81% from the peak of $59 billion in 2021.
Although the Federal Reserve's interest rate cut schedule has been constantly postponed, it seems that the interest rate cut within the year is already "guaranteed". Coupled with the wave of artificial intelligence (AI), even the S&P 500 index, which has recently experienced a pullback, has risen by 5% this year. These backgrounds should have been favorable for Ms. Mu. However, its flagship product ARK Innovation ETF (ARKK) has fallen by 72% from its peak in February 2021.
It has been proven that Sister Mu placed the wrong bet on the treasure. Some of her big bets are struggling, with Tesla being the most typical. For a long time, ARKK has listed Tesla as one of its most important holdings, but so far this year, Tesla's stock price has fallen by more than 41%, seriously affecting ARKK's performance: it has fallen by more than 13% so far this year.
She has recently been arguing for Tesla that the company's stock price may reach $2000 in the next five years, and Tesla closed at $144.61 on Tuesday.
At a time when the assets managed by Sister Mu have sharply shrunk, her disruptive innovation investment strategy has gone through three painful years. Analysts believe that loyal investors have become frustrated because for ARK's investment strategy that focuses on growth and disruptive technology, they should have performed better this year, but they have made the wrong bet.
The other major holdings of ARK Fund include Roku and Unity Software, both of which have experienced a stock price decline of over 30% so far this year, while Zoom Video has experienced a stock price decline of 16% so far this year.
In addition, Mu Jie also perfectly missed out on NVIDIA. Her fund sold all of NVIDIA's holdings in January 2023, and since then, NVIDIA's stock price has roughly quadrupled.
As of the end of last year, according to data from Morningstar, ARK ETFs destroyed more wealth in the past decade than any other asset management company, resulting in a total loss of $14.3 billion for investors.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
-
AIエクスプレスによると、10月3日、米株の人気の中概株盤の前が低くなり、ピッピッピッと5%近く下落し、相多、名創優品、小鵬自動車は3%超下落し、百度、蔚来自動車、京東は2%超下落した。 ...
- SOGO
- 前天 17:06
- 支持
- 反对
- 回复
- 收藏
-
ナスダック中国の金龍指数は5%超上昇し、楽しい自動車は120%超上昇し、金山雲は18%超上昇し、ピシャリと12%超上昇し、子牛の電動、怪獣の充電は10%超上昇し、愛奇芸は8%超上昇し、テンセント音楽、新東方は7%超上昇 ...
- hecgdge4
- 前天 10:28
- 支持
- 反对
- 回复
- 收藏
-
10月1日、理想自動車が9月に納入したデータによると、9月に理想自動車が新車53709台を納入し、前年同月比48.9%増となった。 今年第3四半期、理想自動車は前年同期比45.4%増の152831台を納入した。今年9月30日現在、 ...
- 就放荡不羁就h
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
EUが中国の電気自動車に関税を課す方針、独首相と財務相が反発 ドイツ連邦のショルツ首相は現地時間の10月2日、EUが中国の電気自動車に一時的な補助金税を課す紛争を解決するために中国と交渉することを表明した。 ...
- 寒郁轩良
- 昨天 10:13
- 支持
- 反对
- 回复
- 收藏