Cathie Wood is the head of Ark Investment Management, which operates 13 exchange-traded funds (ETFs) designed to give investors exposure to innovative new industries like artificial intelligence (AI), electric vehicles, robotics, and even space exploration.

An ETF is an investment vehicle capable of holding dozens or even hundreds of stocks. It's constructed by an experienced manager (in this case, Wood and Ark), and it's packaged into one single security for investors to buy.

ETFs are a great alternative to building a portfolio of individual stocks yourself because it eliminates the risks that come with picking winners and losers.

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Source Fool.com