ARKWARK NEXT GENERATION INTERNET ETF
WHY INVEST IN ARKW?

FUND DETAILS

Exposure to Innovation:
Aims for thematic multi-cap exposure toinnovativeinternet technologies including cloud computing, big data, digital
media,e-commerce, blockchain technologies, and the Internet of Things (IoT).
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

ARKW

Type

Active 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

00214Q401

ISIN

US00214Q4010

Primary Exchange

NYSE Arca

Inception Date

2014-09-30

Expense Ratio

0.88%

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

As of June 30, 2024

$1.45 Billion
ARK Investment Management LLC

Fund Distributor
Number of Holdings

Foreside Fund Services, LLC
35-55

Weighted Avg. Market Cap.

259 Billion

Median Market Cap.

33 Billion

Active Share (S&P500)

92%

FUND OBJECTIVE
ARKW is an actively managed ETF that seeks long-term growthof capital by investing under normal circumstances primarily(at least 80% of its assets) in domestic and U.S. exchange
traded foreign equity securities of companies that are relevantto the Fund's investment theme of next generation internet.
The Adviser believes companies within this ETF are focused on
shifting technology infrastructure to the cloud, enabling mobile,internet-based products and services, new payment methods,
big data, artificial intelligence, the internet of things, and socialmedia.

M1WO Index

$100k
$80k
$60k
$40k
$20k

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TOP 10 HOLDINGSThe 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

SECURITY NAME

As of June 30, 2024

WEIGHT1

ARK 21Shares Bitcoin ETF

2Tesla Inc

9.1%

3

Roku Inc

8.6%

10.3%4Coinbase Global Inc

7.8%

Since Inception

5Block Inc

6.6%

9.31%

17.45%

6

ROBLOX Corp

5.8%

9.34%

17.46%

7Robinhood Markets Inc

4.7%

15.05%

13.02%

8Meta Platforms Inc

3.5%

11.78%

9.62%

9Palantir Technologies Inc

2.9%

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,

10UiPath Inc

2.5%

1 Month

3 Months

YTD

1 Year

3 Years

ARKW | NAV

4.23%-6.35%

2.74%

33.07%-19.58%ARKW | Market Price

4.61%-6.32%

2.80%

33.13%-19.55%

S&P 500 Index [SPX]

3.59%

4.28%

15.29%

24.56%

10.01%MSCI World Index [M1WO]

2.03%

2.63%

11.75%

20.19%

6.86%

5 Years

please visit www.ark-funds.com or call 1-800-679-7759. Returns for less than one year are not annualized. Net
asset 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.

61.8%
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. The
securities 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

ARKW

ARK NEXT GENERATION INTERNET ETF

Information as of June 30, 2024

TECHNOLOGY BREAKDOWNMARKET CAPITALIZATIONIntelligent Devices

27.0%

Mega ($100B+)

19.1%

Next Gen Cloud

16.2%

Large ($10 - $100B)

49.0%

Medium ($2 - $10B)

26.4%

Small ($300M - $2B)

4.9%

Micro ($50 - $300M)

0.6%

Neural Networks

14.1%

Digital Wallets

10.8%

Autonomous Mobility

8.6%

Cryptocurrencies

6.2%

Smart Contracts

4.5%

Multiomic Technologies

0.9%

Advanced Battery Technologies

0.9%

SECTOR BREAKDOWN
Communication Services

25.7%

Information Technology

24.9%

Financials

22.0%

Consumer Discretionary

15.7%

Health Care

0.9%

GEOGRAPHIC BREAKDOWN
North America

91.4%

Western Europe

5.3%South & Central America

2.0%Asia Pacific

1.3%

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 the ARKW include: Equity Securities Risk. The value of the equity securities the Fund holds may fall due to general market and economic conditions. ForeignSecurities Risk. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities. Information Technology Sector Risk. Information technology
companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Cryptocurrency Risk. Cryptocurrency (notably, bitcoin), often
referred to as "virtual currency" or "digital currency", operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money. The Fund may have exposure tobitcoin, a cryptocurrency, indirectly through an investment in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. Cryptocurrency operates without central
authority or banks and is not backed by any government. Even indirectly, cryptocurrencies may experience very high volatility and related investment vehicles like GBTC may be affected bysuch volatility. As a result of holding cryptocurrency, the Fund may also trade at a significant premium to NAV. Cryptocurrency is also not legal tender. Federal, state or foreign governments may
restrict the use and exchange of cryptocurrency, and regulation in the U.S. is still developing. Cryptocurrency exchanges may stop operating or permanently shut down due to fraud, technicalglitches, hackers or malware. Detailed information regarding the specific risks of ARKW ETF can be found in the prospectus. Additional risks of investing in ARKW include Communications
Services Sector Risk, Consumer Discretionary Sector Risk, equity, market, management and non-diversification risks, as well as fluctuations in market value and NAV. An investment in an ETF
is subject to risks and you can lose money on your investment in an ETF. There can be no assurance that the ETF will achieve its investment objective. The ETF's portfolio is more volatile thanbroad market averages. Shares of ARKW 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. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing willcontinue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract
significantly from investment returns.
The Fund's exposure to cryptocurrency may change over time and, accordingly, such exposure may not always be represented in the Fund's portfolio. Many significant aspects of the U.S.
federal income tax treatment of investments in bitcoin are uncertain and an investment in bitcoin may produce income that is not treated as qualifying income for purposes of the income test
applicable to regulated investment companies, such as the Fund. GBTC is expected to be treated as a grantor trust for U.S. federal income tax purposes, and therefore an investment by theFund in GBTC will generally be treated as a direct investment in bitcoin for such purposes. See "Taxes" in the Fund's SAI for more information.
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. TheMSCI 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