How to Buy ARK ETFs in Europe and the UK

Can I Buy ARK ETFs in Europe and the UK?

Yes, ARK Invest ETFs are available for investors in Europe and the UK, including countries like France, Germany, the Netherlands, and Spain. You can buy these technology focused ETFs through licensed brokerages that offer transactions in Euros (EUR) or British Pounds (GBP), using payment methods such as bank transfers or cards.

Ensure the platform you choose is regulated by either the European Securities and Markets Authority (ESMA) or the Financial Conduct Authority (FCA) in the UK. This helps ensure compliance with local laws and protects your investments.

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How to Buy ARK ETFs in Europe and the United Kingdom

A leading option for purchasing ARK ETFs across Europe and the UK is eToro, a fully regulated platform. Offering access to over 6,500 assets, including ARK Innovation ETF and ARK Next Generation Internet ETF, it provides a straightforward, cost-effective investment experience. You can fund your account in Euros (EUR) or British Pounds (GBP) using bank transfers, debit cards or credit cards.

To invest, follow these steps:

1. Create an Account: Sign up on eToro and complete the verification process.
2. Deposit Funds: Add EUR or GBP to your account through your chosen payment method.
3. Find ARK ETFs: Search for the ARK ETF you wish to invest in.
4. Complete the Purchase: Execute your trade, ensuring it aligns with your financial plan.

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ARK ETF Investing Fees

When investing in ARK ETFs through eToro in Europe, it's essential to consider fees such as platform charges, spreads, and expense ratios, as they can impact your overall returns.

For example, if you invest $1,000 in the ARK Innovation ETF (ARKK), the fund's expense ratio is 0.75%, which translates to an annual cost of $7.50. In addition, eToro’s typical spread of 0.15% would result in $1.50 in transaction costs when you buy or sell the ETF. If you withdraw funds, there is also a $2 withdrawal fee.

In this case, your total initial cost would be $3.50 (spread and withdrawal), with an ongoing $7.50 annual cost for the expense ratio. These fees are important to keep in mind when building your investment strategy.

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What is the Best ARK ETF to Buy?

Choosing the best ARK ETF depends on your investment goals and risk tolerance. ARK Innovation UCITS ETF (ARKK), ARK’s flagship fund, is currently down 18% year-to-date (YTD) as of September 2024, highlighting the volatility in high-growth areas like AI, robotics, and genomics.

For more consistent returns, ARK’s Global Sustainable Infrastructure arm, represented by the Rize ETFs, has performed better. The Rize Global Sustainable Infrastructure UCITS ETF (NFRA) has returned 9.36% over the last six months, while the Rize Cybersecurity and Data Privacy UCITS ETF (CYBR) is up 17.26% over the past year, benefiting from growth in cybersecurity.

A smart approach could involve a mix of ARKK for potential long-term growth, alongside NFRA or CYBR for more stable returns. Ensure your portfolio aligns with your goals and risk tolerance, and consult a financial advisor for personalized advice.

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Bottom Line

In summary, buying ARK ETFs in Europe and the UK is simple with platforms like eToro. While ARK Innovation ETF (ARKK) gives you access to cutting-edge tech, it has had a volatile year due to some mismanagement by CEO Cathie Wood and general technology sector volatility.

Make sure your investment choices match your goals, and it’s always a good idea to get advice from a financial professional if needed.