ARKF
ARK FINTECH INNOVATION ETF
WHY INVEST IN ARKF?

FUND DETAILS

Exposure to Innovation: Aims for thematic multi-cap exposure to fintech
innovations including mobile payments, digital wallets, peer-to-peer lending,blockchain technology, and risk transformation.
Growth Potential: Aims to capture long-term growth with low correlation ofrelative returns to traditional growth strategies and negative correlation to value
strategies.
Tool for Diversification: Offers a tool for diversification due to little overlap withtraditional indices. It can be a complement to traditional value/growth strategies.

Ticker

ARKF

TypeActive Equity ETF

CUSIP

Cost Effective: Provides a lower cost alternative to mutual funds with true active
management in an Exchange Traded Fund (ETF) that invests in rapidly moving
themes.

GROWTH OF 10,000 USD SINCE INCEPTIONNAV

SPX Index

00214Q708

ISIN

US00214Q7088

Primary Exchange

NYSE Arca

Inception Date2019-02-04
0.75%

Expense Ratio$893.5 Million

Fund AUM
AdvisorGrounded in Research: Combines top-down and bottom-up research in its
portfolio management to identify innovative fintech companies and convergenceacross markets.

As of June 30, 2024

ARK Investment Management LLC

Fund Distributor
Number of Holdings

Foreside Fund Services, LLC
35-55

Weighted Avg. Market Cap.

120 Billion

Median Market Cap.

24 Billion

Active Share (S&P500)

95%

FUND OBJECTIVE
ARKF is an actively managed Exchange Traded Fund (ETF) thatseeks long-term growth of capital. It seeks to achieve thisinvestment objective by investing under normal circumstances
primarily (at least 80% of its assets) in domestic and foreign
equity securities of companies that are engaged in theFund's investment theme of financial technology ("Fintech")innovation. The Adviser defines "Fintech innovation" as theintroduction of a technologically enabled new product orservice that potentially changes the way the financial sectorworks.

M1WO Index

$30k
$25k
$20k
$15k
$10k

Jun-24Apr-24Feb-24

Dec-23Oct-23Aug-23Jun-23Apr-23

Feb-23

Dec-22Oct-22Aug-22Jun-22

Apr-22

Feb-22

Dec-21

Oct-21

Aug-21

Jun-21

Apr-21

Feb-21

Dec-20

Oct-20Aug-20Jun-20

Apr-20Feb-20Dec-19Oct-19Aug-19Jun-19Apr-19Feb-19The line graph represents the cumulative performance of a hypothetical $10,000 investment. The returns are
net of the ETF's expenses but do not reflect the payment of any brokerage commissions or brokerage costs
incurred as a result of buying or selling fund shares and do not reflect the deduction of taxes to which aninvestor would be subject as a result of owning or selling shares of the fund. If they did, the returns would belower than those shown.

FUND PERFORMANCE

For periods ended June 30, 2024

TOP 10 HOLDINGSAs of June 30, 2024

SECURITY NAMEWEIGHT

1Coinbase Global Inc

10.6%

2Shopify Inc

8.3%

3Block Inc

6.8%

4

DraftKings Inc

5.8%

1 Month

3 Months

YTD

1 Year

3 Years

5 Years

Since Inception

5Robinhood Markets Inc

4.7%

ARKF | NAV

4.51%-8.15%

1.06%

33.42%-19.84%

4.60%

6.65%

6Toast Inc

4.6%

ARKF | Market Price

4.46%-8.14%

1.01%

33.24%-19.85%

4.56%

6.64%

7

ARK 21Shares Bitcoin ETF

4.2%

S&P 500 Index [SPX]

3.59%

4.28%

15.29%

24.56%

10.01%

15.05%

15.75%

8Pinterest Inc

4.2%

MSCI World Index [M1WO]

2.03%

2.63%

11.75%

20.19%

6.86%

11.78%

12.51%

9Adyen NV

3.8%

10ROBLOX Corp

3.5%

Past performance does not guarantee future results. The performance data quoted represents past performance andcurrent returns may be lower or higher. The investment return and principal will fluctuate so that an investor's shares
when redeemed may be worth more or less than the original cost. For the Fund's most recent month end performance,

please visit www.ark-funds.com or call 1-800-679-7759. Returns for less than one year are not annualized. Netasset value ("NAV") returns are based on the dollar value of a single share of the ETF, calculated using the valueof the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV
is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open fortrading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca,Inc. using the last share trade. Market performance does not represent the returns you would receive if you
traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns andpayment date for Market Price returns. The market price of the ETF's shares may differ significantly from their
NAV during periods of market volatility.

56.6%
Holdings are subject to change.
For current portfolio holdings
please download "Fund Holdings" as a CSV or PDF at ark-funds.com.
Portfolio holdings should not be considered as investment advice ora recommendation to buy, sell or hold any particular security. Thesecurities identified do not represent all of the securities purchased, soldor recommended for client accounts. It should not be assumed that aninvestment in the securities identified was or will be profitable.

Financial Professionals and Institutional Investors should contact our sales partner, Resolute Investment Distributors: 1-800-679-7759 | etfs@ark-invest.com | ark-funds.com

ARKF

ARK FINTECH INNOVATION ETF

Information as of June 30, 2024

TECHNOLOGY BREAKDOWNMARKET CAPITALIZATION

Digital Wallets

29.2%

Mega ($100B+)

7.1%

Intelligent Devices

25.5%

Large ($10 - $100B)

71.5%

Neural Networks

14.9%

Medium ($2 - $10B)

21.3%

Next Gen Cloud

11.5%

Small ($300M - $2B)

0.0%

Cryptocurrencies

8.1%

Micro ($50 - $300M)

0.0%

Smart Contracts

6.2%

Autonomous Mobility

0.5%

SECTOR BREAKDOWN
Financials

43.9%

Information Technology

21.2%

Communication Services

19.0%

Consumer Discretionary

10.7%

Real Estate

0.9%

GEOGRAPHIC BREAKDOWN
North America

80.0%Western Europe

5.3%South & Central America

4.9%

Africa / Middle East

4.4%

Asia Pacific

3.3%

Central Asia

2.2%

Holdings are subject to change. The Technology Breakdown is based on ARK's internal thematic research elements and portfolio company classification. Geographic Breakdown relates
principally to the domicile of the issuers of the securities held in the ETF. Sector Breakdown is based on the Global Industry Classification Standard (GICS).

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in
the prospectus, a copy of which may be obtained by visiting www.ark-funds.com. Please read the prospectus carefully before you invest.
The principal risks of investing in ARKF: Equity Securities Risk. The value of the equity securities the Fund holds may fall due to general market and economic conditions. Foreign Securities
Risk. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities. Financial Technology Risk. Companies that are developing financial
technologies that seek to disrupt or displace established financial institutions generally face competition from much larger and more established firms. Fintech Innovation Companies may
not be able to capitalize on their disruptive technologies if they face political and/or legal attacks from competitors, industry groups or local and national governments. A Fintech Innovation
Company may not currently derive any revenue, and there is no assurance that such company will derive any revenue from innovative technologies in the future. Technology companies may
have limited product lines, markets, financial resources or personnel. The products of technology companies may face rapid product obsolescence due to technological developments andfrequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Blockchain technology is new and many of its uses may beuntested. Blockchain and Digital commodities and their associated platforms are largely unregulated, and the regulatory environment is rapidly evolving. Because blockchain works by having
every transaction build on every other transaction, participants can self-police any corruption, which can mitigate the need to depend on the current level of legal or government safeguards
to monitor and control the flow of business transactions. As a result, companies engaged in such blockchain activities may be exposed to adverse regulatory action, fraudulent activity or even
failure. Digital assets that are represented and trade on a blockchain may not necessarily benefit from viable trading markets. For other risks regarding the fund please see the prospectus.
There can be no assurance that the ETF will achieve its investment objective. The ETF's portfolio is more volatile than broad market average. Shares of ARKF are bought and sold at market
price (not NAV) and are not individually redeemed from the ETF. ETF shares may only be redeemed directly with the ETF at NAV by Authorized Participants, in very large creation units. Therecan be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on anexchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
Index Descriptions: The S&P 500® Index is a widely recognized capitalization-weighted index that measures the performance of the large-capitalization sector of the U.S. stock market. The
MSCI World Index represents large and mid-cap equity performance across 23 developed markets countries. Returns shown for the MSCI World Index are net of foreign withholding taxes
applicable to U.S. investors. Securities in the ETF's portfolio will not match those in any index. The ETF is benchmark agnostic and corresponding portfolios may have significant non-correlation
to any index. Index returns are generally provided as an overall market indicator. You cannot invest directly in an index. Although reinvestment of dividend and interest payments is assumed, noexpenses are netted against an index's returns. Index performance information was furnished by sources deemed reliable and is believed to be accurate, however, no warranty or representation
is made as to the accuracy thereof and the information is subject to correction.
Glossary: Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differ from the benchmark index. Value Strategy: Traditional value investing is aninvestment strategy where stocks are selected that trade for less than their intrinsic values. Growth Strategy: Traditional growth investing is an investment strategy that focuses on stocks,
whose earnings are expected to grow at an above-average rate compared to its industry or the overall market. Correlation: The degree to which two strategies move in relation to each other.

Foreside Fund Services LLC, distributor.

NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUEARK Investment Management LLC
etfs@ark-invest.com | ark-funds.com | St. Petersburg, FL