ARK Invest’s chief futurist outlines five categories that should give tech investors an edge.
Brett Winton said robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas as they all enter the market at the same time.
“We believe this is a unique time in the history of the technology economy,” he told CNBC’s “ETF Edge” this week.
Winton works with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy funds in the private technology sector.
The fund’s goal is to give individual investors access to venture capital products in innovative areas of the market, according to the company’s website. As of April 10, the fund’s top holdings include Epic Games, known for the online video game Fortnite, as well as biotech companies Freenome and Relation Therapeutics.
“Our focus is on long-term investment in innovation and supporting the management team,” Winton said.
He believes this strategy is often not prioritized.
“It’s a real challenge that many public market investors don’t have a long-term view,” Winton added.
ARK Venture Fund is down more than 7% year to date. However, it has gained nearly 39% over the past 52 weeks.
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