Cathie Wood, executive director and investment director at ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn neighborhood of New York on Tuesday, October 16, 2018.
Alex Flynn | Bloomberg | Getty Images
The heavy inflows into Cathie Wood’s funds this year have led to exuberance around Ark Invest, but the high-profile investor is not concerned about a bubble in his funds or the market in general.
Wood told CNBC Pro how the company manages positions in the fund when valuations get too heavy. And it revealed the only stock it has, no matter what the assessment, because of how disturbing the company will be.
The company’s Ark Innovation fund, already the largest actively managed ETF, raised another $ 3 billion in new money this year alone, as investors continue to follow the impressive 2020 record.