Cathie Wood's Ark Invest has now been labelled the 3rd most wealth destroying fund by Morningstar. In this video we discuss the history of ARKK and whether investors have something to worry about. ★ ★ LEARN TO INVEST ★ ★ Get started investing on the right foot with our step-by-step investing courses: https://newmoney.education/ ★ ★ CONTENTS ★ ★ 0:00 Controversial Cathie 1:50 The ARK Innovation Fund 3:30 ARK's Performance 4:20 Tesla Stock Powering ARK's Returns 5:28 How ARK Makes Money 6:57 The Downfall 8:20 Is Cathie Wood a Fraud? My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns. Contact email: hello@newmoney.contact Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.