ARKX

ARKX is the first actively managed fund that targets the global space exploration and innovation industry. The fund advisor defines "space exploration" as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth, and "innovation" as the introduction of a technologically enabled new product or service that the advisor expects to change an industry landscape. Space exploration-related companies include orbital and suborbital aerospace, enabling technologies, and beneficiaries of aerospace activities, such as agriculture, GPS, and imaging. The fund typically holds a concentrated portfolio of 40 to 55 domestic and foreign securities, selected using a proprietary methodology that combines both "top down" information (economy-wide analysis) and "bottom up" criteria (fundamental and quantitative metrics for individual firms), along with ESG considerations.