fintech: The ARK Fintech Innovation ETF ARKF, 0.19% is in the former group, according to Market Watch. ARKF, the only new ETF launched this year by New York-based ARK Investment Management, debuted in February and already has 72 million in assets under management. Some have been immediately successful while others are still waiting on their moment. That's a solid start considering the fund charges 0.75% per year, or 75 on a 10,000 investment. See Also What Needs To Change For Fintech To Better Help Underserved Consumers Why It's Important ARKF, which was one of about 200 ETFs that hit record highs on Monday, takes a broad approach to the burgeoning fintech universe. That's pricey even the world of thematic ETF, but ARKF is an actively managed product hailing from a family of highly successful active funds.
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