ARKK: Thematic Funds Are Risky By Design

The rise of thematic ETFs is a global trend and appears to be here to stay, notes Kenneth Lamont. He discusses how markets are lower with big tech earnings set to begin this afternoon. He talks about thematic investing, and how thematic funds are risky by design. He goes over trends in thematic investing, highlighting the Ark ETF TR Innovation ETF (ARKK). He goes over different types of thematic investing, including an early example of people investing in television technologies in 1948 and a more recent example of new technologies like Tesla (TSLA). Tune in to find out more about the stock market today.