Whats the difference between nikko am ark distruptive innovation fund and arkk etf?

Hi there!

I don't have a definite answer but the Nikko AM ARK Disruptive Innovation Fund seeks to invest in similar assets that is within ARKK ETF's holding. The main difference is Nikko AM is advised by ARKK on their allocation.

You can look at Nikko AM's ETF and notice that the % allocation for some of the stocks varies slightly from ARKK's ETF. Nikko AM's ETF is much actively managed since it acts like a fund while ARKK maintains a % allocation for the stock that they invests in.

There will be an upfront sales charge on Nikko AM's end of 5% while ARKK maintains a 0.75% operating expense.

At the end of the day, both invests in really great companies that are in the disruptive technology sector. I personally would recommend ARKK since you are directly investing in Cathie Wood's expertise herself :)

Hope this helps!​​​