Key stats
About BMO ARK NEXT GENERATION INTERNET FUND
Expense ratio
0.90%
Home page
Inception date
Nov 14, 2022
The fund actively managed fund uses a very broad mandate that is not limited by geography or by industry. Instead, the funds managers are tasked with identifying companies they see as the next generation of Internet evolution. Broadly speaking, the fund managers appear focused on big buzzwords such as Internet of Things, cloud computing, digital currencies, and wearable technology. While the funds focus may be appealing for investors with conviction in these new technologies, portfolio implementation is a more difficult task: Most of the companies developing these advancements are huge corporations for which nascent technologies are only a small fraction of total revenues. As such, its very difficult to get pure-play access to the funds targeted technologiesso be sure to confirm that the funds holdingsnot just its thesisalign with your view of the space. The fund may have exposure to cryptocurrency indirectly through a grantor trust or other pooled investment vehicles, such as Canadian ETFs.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Consumer Durables
ETF
Stock breakdown by region
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