Source: ETF Express
Bloomberg includes five ETFs in BI100 report for 2021 Submitted By Beverly Chandler | 03/02/2021 – 3:51pm Five ETFs have been included in Bloomberg Intelligence’s (BI) new “100 Investment Ideas to Watch for 2021” report (BI100) which identifies 100 global public companies, credits, market strategies and ETFs that BI analysts believe will benefit from significant fundamental catalysts and developments in 2021. The five ETFs are the ARK Innovation ETF (ARKK); Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC); Invesco Nasdaq Next Gen 100 ETF (QQQJ); Vanguard Total Stock Market ETF (VTI), and Xtrackers S&P 500 ESG ETF (SNPE). Bloomberg writes that as international markets and institutions are navigating the ongoing pandemic, as well as major political transitions across the globe, the report aims to provide a globally inclusive portfolio and outlook for 2021 to both the business and investor community alike. Bloomberg Intelligence’s Eric Balchunas says: “For ETFs we chose funds that have captured investors’ cash and attention and that also tap into many of the different trends and themes we are watching for 2021.” With regards to the ARK Innovation ETF, the BI100 report notes that its transparent, highly concentrated portfolio of world-changing companies from a variety of sectors has defied all laws of ETF flows, growing to USD13 billion thanks to a return of 500 per cent since inception on big bets such as Tesla, Zillow, and Swiss gene therapy company Crispr Therapeutics.
