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All of the stocks in Cathie Wood’s Ark Innovation fund are in a bear market except 2

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Catherine Wood is chief executive officer at ARK Investment Management LLC. She spoke during Monday’s Milken Institute Global Conference, Beverly Hills (California), Oct. 18, 2021.

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Cathie Wood’s flagship investment fund has had a terrible week. Ark InnovationThat’s almost all she has in the bear market.

Wood’s exchange-traded main fund, which trades as ARKK under ticker ARKK on Friday, has fallen more than 12%, making it its worst week since February. Ark Innovation has dropped 6% since Friday.

Wood’s constituants have suffered painful losses, with only 2 remaining at 20% of their highs. This means they are now in a bear-market.

Tesla and Trimble have a distance of less than 20% from the highs, but they are still more than 10% away from their 52 week records. Proto Labs, Berkeley Lights and Skillz all have 52-week lows of more than 80%.

Wood spoke to CNBC this weekArk’s strategies focus on disruptive innovation and are based in five digital areas: genetic sequencing, robotics and energy storage.

Wood claimed that Wood’s strategies would quadruple within the next five-years, after this year’s poor performance.

Wood stated that the portfolio manager believes the coming years will bring about the “most remarkable period of innovation we’ve ever seen.”

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