To be clear, the fact that many of the holdings are at best only tangentially related to space exploration is definitely weird. In fact much weirder than the cross-investment into one of their own funds. That’s what I would focus on if I wanted to make fun of ARK!
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Definitely not a scam. Funny AF though. It feels like regifting a birthday present though. Bit cheeky.
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Why so?
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Why can it be more efficient?
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3D printing is a bit element in new spacecraft design, so it's seems legit enough.
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Normally the main fund would invest in a zero-fee share class of the sub-fund to avoid the extra layer of fees, though I have no idea if that is happening here.
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Please stop letting your facts get in the way of people’s agendas
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No opinion on whether these are good names to hold! I don’t do single stocks, I’m not some kind of degen. Just pointing out the cross-investing in one of your own funds is not that unusual and definitely not what you would call “self dealing”
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