Cathie Wood's New Venture Fund Offers Access to Hard-to-Trade Assets for Just $500
- ARK’s ‘interval’ fund is now available on the Titan app
- Minimum $500 means ‘any individual’ can potentially invest
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Cathie Wood’s ARK Investment Management has launched a new fund that will give almost any investor easy access to harder-to-trade assets -- though with a limit to how quickly they can cash out.
The firm on Tuesday announced that its long-awaited ARK Venture Fund is now available to all US investors via an investing app called Titan. The fund, which carries a minimum investment of just $500, will target mostly private companies focused on tech-powered innovation, as well as some public firms and other venture capital funds.