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ARK Invest 2025 Big Ideas投研报告介绍.pdf

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FEBRUARY04,2025RESEARCHREPORTFORINFORMATIONALPURPOSESONLYWWW.ARK-INVEST.COM

BIGIDEAS2025

ARKInvestmentManagementLLC,theparentofARKInvestInternationalLtd(AppointedRepresentativeofAldgateAdvisorsLimited).Thisisnotarecommendationinrelationtoanynamedparticularsecurities/cryptocurrenciesand

nowarrantyorguaranteeisprovided.Anyreferencestoparticularsecurities/cryptocurrenciesareforillustrativepurposesonly.ThereisnoassurancethattheAdviserwillmakeanyinvestmentswiththesameorsimilarcharacteristics

asanyinvestmentpresented.Thereadershouldnotassumethataninvestmentidentifiedwasorwillbeprofitable.PASTPERFORMANCEISNOTINDICATIVEOFFUTUREPERFORMANCE,FUTURERETURNSARENOTGUARANTEED.

ARK’sBigIdeas2025

RisksOfInvestingInInnovation

Pleasenote:CompaniesthatARKbelievesarecapitalizingondisruptiveinnovationanddevelopingtechnologiestodisplaceolder

technologiesorcreatenewmarketsmaynotinfactdoso.ARKaimstoeducateinvestorsandseekstosizethepotentialinvestment

opportunity,notingthatrisksanduncertaintiesmayimpactourprojectionsandresearchmodels.Investorsshouldusethecontent

presentedforinformationalpurposesonly,andbeawareofmarketrisk,disruptiveinnovationrisk,regulatoryrisk,andrisksrelatedto

certaininnovationareas.

Pleasereadriskdisclosurecarefully.

RISKOFINVESTINGININNOVATION

RAPIDPACEOFCHANGEREGULATORYHURDLES

EXPOSUREACROSSSECTORSANDMARKETCAPDISRUPTIVEPOLITICALORLEGALPRESSURE

INNOVATIO

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