The Global FinTech Equity Fund is reported to have undergone a major correction in 2022 after surging in 2020 and reaching a peak in 2021. Its investment strategy going forward is presented on the assumption of long-term growth.
The Global FinTech Equity Fund invests in shares of global fintech companies and is offered in four variants. The fund is called the Global FinTech Equity Fund Series, its investment manager is Amova Asset Management, and its management fee is listed as 1.925%.
ARK is said to provide investment advice, with the fund drawing on expert perspectives through investments in disruptive innovation and open-source research methods using social media. The top 10 holdings include Robinhood Markets and Coinbase Global.
In terms of past performance, the fund surged from 2020 to 2021, with its net asset value rising into the ¥40,000 range in February 2021. From 2022 onward, however, it is said to have experienced a period of substantial decline due to rising interest rates and the end of special demand.
The fund is expected to have long-term growth potential, and price volatility may be advantageous for regular investment plans. As an investment strategy, the fund could be included as a satellite holding, with a low-cost index fund serving as the core.