IZRL Profile
The ARK Israel Innovative Technology ETF is designed to provide investors with targeted exposure to Israeli companies at the forefront of technological innovation. The fund tracks a benchmark index that includes equity securities and depositary receipts of companies incorporated and/or domiciled in Israel, focusing on firms involved in advanced technologies and disruptive innovations. This includes sectors such as cybersecurity, artificial intelligence, biotechnology, and advanced manufacturing, reflecting Israel's reputation as a global hub for tech innovation.
The ETF aims to invest at least 80% of its total assets in securities that are part of its benchmark index, including depositary receipts representing these securities. The fund also holds underlying stocks in relation to depositary receipts included in the index. This approach ensures that the fund's holdings align closely with the index, providing investors with precise exposure to the Israeli technology sector. By investing in these assets, the fund seeks to capture the performance and growth potential of leading Israeli technology companies.
The index highlights Israel's significant role in the global technology landscape, featuring companies that are leaders in their respective fields. Israel's technology sector is renowned for its innovation, supported by a strong ecosystem of research and development, entrepreneurial spirit, and government support. This sector's contributions span various technology-driven industries, positioning Israeli firms as key players in the global market for cutting-edge technologies.
Managed by ARK Invest, a firm known for its focus on disruptive innovation and technology, the ARK Israel Innovative Technology ETF benefits from ARK's deep expertise in identifying and investing in high-growth technology sectors. ARK Invest’s strategic approach and rigorous research capabilities ensure that the fund maintains accurate alignment with its benchmark index. The ETF offers investors an opportunity to access a diverse range of innovative Israeli companies, enhancing their portfolios with exposure to one of the world's most dynamic tech markets.
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