Rize USA Environmental Impact UCITS ETF
| Issuer: ARK Investment Management |
| Asset Class: Equity |
| TER: 45bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 29 Aug 2023 |
| Ticker: LUSA |
| ISIN: IE000PY7F8J9 |
This actively managed fund is designed for investors seeking long-term capital growth by tapping into the potential of global companies at the forefront of 'responsible innovation'. The core strategy combines a high-conviction, research-driven approach to identifying transformative technologies with a rigorous responsible investment policy. The fund's managers select companies they believe are poised to benefit from significant technological advancements, aiming to build a concentrated portfolio of what they consider to be the leaders, enablers, and beneficiaries of disruptive change across the world.
The portfolio is built around five key innovation platforms: artificial intelligence, autonomous technology and robotics, DNA sequencing, energy storage, and next-generation internet. By investing across these interconnected themes, the fund provides exposure to a wide range of industries that are being reshaped by technology. The investment process is forward-looking, focusing on companies with the potential for exponential growth, rather than relying on past performance or traditional sector classifications. This approach results in a portfolio that is distinctly different from broad market indices.
A key feature is its integration of a proprietary ESG (Environmental, Social, and Governance) policy. The 'responsible' overlay systematically excludes companies with significant business involvement in controversial areas such as fossil fuels, weapons manufacturing, and tobacco. This dual-focus strategy aims to capture the substantial growth opportunities presented by disruptive innovation while aligning with the values of investors who prioritize sustainability and ethical considerations. The fund is suitable for those looking to add a dedicated, actively managed allocation to transformative technologies within a responsible framework.
