Cathie Wood, founder of Ark Investment Management and known as the queen of the bull market, said on Monday that she was not worried about the recent decline in her fund and believed that the bull market had just expanded to include more stocks, such as value stocks.

Wood believes that over time, her disruptive strategy will pay off, and she is taking advantage of the market sell-off. "now the market is expanding and we think the bull market is strengthening in a fundamental sense." this will benefit us in the long run. "

Wood manages five ETF around "disruptive innovation" and has flowed more than $15 billion into investors this year alone. Her flagship fund, ark innovation ETF (ARKK), returned nearly 150% last year and now has a net worth of more than $17 billion. However, the fund has fallen more than 30 per cent from its recent highs amid recent weakness in technology stocks. The fund closed down 5.8 per cent on Monday and is down more than 11 per cent so far this year.

"We had a good opportunity to buy shares in companies with a single business in the sell-off," Wood said. We are becoming more and more optimistic about our portfolio in this sell-off. " According to information disclosed by the company, Wood bought a lot of money during the market correction.Tesla、 Teladoc 、ZoomAnd Palantir stock. In addition, Ark Innovation ETF recently bought shares in companies such as Square, INC., Roku, Zillow and Shopify Inc.

Investors have pulled out of some high-growth stocks as bond yields have risen in recent weeks. Ms Wood says she is shocked that the market has never priced a yield of 0.5 per cent, 1 per cent or 1.5 per cent on 10-year US Treasuries. "We do think the rate of rise in interest rates scares people, but in fact nothing has changed and we always have the support of the Federal Reserve."

"the bull market is expanding to include value stocks or more cyclical industries, which I think will be very good news for our long-term strategy," Wood said. The worst thing for us may be another technology and telecoms bubble, in which the market narrows and only a few stocks rise. "