[Request 👋] ARK Fintech Innovation ETF (ARKF) - No KIID

Please add this newly launched promising EFT captures fintech innovations such as mobile payments, digital wallets, peer-to-peer lending, blockchain technology, and risk transformation. ARK Invest performed better than S&P 500.

3 Likes

This looks like a US ETF, which cannot be traded in the EU.

1 Like

It has been mentioned before that due to the PRIIPS regulation guidelines, etfs without KIIDs can not be sold in the UK (and the EU in general).

Moved it into a general discussion topic as this ETF is not available in the UK

Thanks Guys, I thought I’ll give it another go, thought maybe things might change. Do you know any other platform you can get this stock?

Yes.

It would involve moving to the :us: though?

No. It’s a legal requirement. No broker in Europe can offer it.

Please add this newly launched promising EFT captures fintech innovations such as mobile payments, digital wallets, peer-to-peer lending, blockchain technology, and risk transformation.ARKF-Factsheet.pdf (521.5 KB)

As mentioned by @Fotis

and @anon810895

Short answer: no.

Slightly longer answer: If this ETF doesn’t have a KIID no platform in the UK will have permission given by the regulator authorities to provide it to the public.

Sweet…basically impossible :joy::joy::joy:

1 Like

You have this though. Not quite the same, but can’t find anything similar to the ARK you mentioned:

https://www.ii.co.uk/etfs/invesco-kbw-nasdaq-fintech-etf/LSE:FTEK

“… But don’t expect this fund to be investing in hot new start-ups that are aiming to change the world. These tend to be unlisted companies backed by private equity or venture capitalists. The index instead includes many major players in traditional financial services, including Visa, Equifax, American Express and Thomson Reuters.”

Thanks much appreciated