Cathie Wood’s ARKK Pitches Tax Benefits From Massive Losses

Cathie Wood’s Ark Investment Management has unveiled an intriguing strategy to allay concerns stemming from the significant losses the asset manager has incurred due to rising interest rates – an ingenious approach involving tax write-offs. Ark’s flagship investment offering, the $6.3 billion ARK Innovation Exchange Traded Fund (NYSE: ARKK), has witnessed a decline of more … Continue reading Cathie Wood’s ARKK Pitches Tax Benefits From Massive Losses