ARK Investment Management LLC launched its first income-focused exchange-traded fund, the ARK Active Autocallable Income ETF (ARKY). The fund began trading on the Cboe BZX Exchange on August 19, 2026.
The fund targets a 17.5% coupon by combining innovation-driven stocks with a systematic volatility harvesting strategy. Sub-advisor SCG Asset Management actively manages the portfolio to adapt to shifting market conditions.
Management will calibrate strike levels, maturities, and payoff structures to optimize returns. These strategies aim to minimize net asset value erosion while maintaining stable income generation over time.