Large-cap growth ETFs provide exposure to established companies with above-average growth potential. Castleark Large Growth ETF invests in large-cap growth stocks across various sectors. CARK's high beta suggests greater risk compared to the market, making it a hold with potential for future growth.
ARCA Exchange | US Country |
The fund described is an actively managed exchange-traded Fund (ETF) that principally focuses on investing in large-capitalization companies. This approach signifies a strategy designed to offer investors exposure to large-cap equity markets, which typically include companies with a market capitalization that ranks them among the largest in their respective fields. These entities are generally considered to be more stable and less volatile than their smaller counterparts. Acting under normal conditions, the fund allocates at least 80% of its net assets, in addition to funds borrowed for investment purposes, towards purchasing common stock within this category. Furthermore, the fund maintains the flexibility to invest up to 20% of its net assets, plus borrowing, in mid-cap stocks, thereby providing a slight diversification in terms of company size. However, it is classified as non-diversified, meaning it may invest more heavily in fewer securities, potentially increasing risk and volatility.
This primary focus of the fund involves investing at least 80% of its net assets, in addition to borrowed amounts for investment purposes, in the common stock of large-capitalization companies. Large-cap companies are often industry leaders and possess abundant resources, making them attractive for their stability, reliable dividends, and potential for growth. This investment strategy aims to capitalize on the performance of these well-established businesses.
Up to 20% of the fund's net assets, along with borrowed amounts for investment purposes, may be allocated to the common stock of mid-capitalization companies. Mid-cap companies offer a unique balance between the rapid growth potential of small companies and the stability of large companies, potentially providing a blend of growth and volatility that can lead to attractive investment opportunities. This allows the fund some degree of diversification and the ability to take advantage of growth trends in various sectors.