Pacer ETFs Expands Fund Offerings with Launch of the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF
20 August 2024 - 11:30PM
Business Wire
The firm continues its impressive expansion
with newest addition to its Cash Cows Growth Series to offer
growth-focused investors new, innovative strategy
Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow
ETFs*, announces today the launch of the new fund: the Pacer
Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (Nasdaq: QQQG).
As the latest addition to the Cash Cows Growth Series, QQQG
employs a rules-based strategy offering exposure to the top 50
large cap growth companies in the Nasdaq-100 Index with the highest
free cash flow margins. By focusing on high free cash flow margins
as an investment parameter, the fund’s strategy can identify
companies with potentially higher current and future sales and
earnings growth.
“Growth opportunities are a critical component of a well-rounded
investment portfolio, but many growth-oriented funds are often
similar in their underlying holdings and approaches,” said Sean
O’Hara, President of Pacer ETF Distributors. “We’ve launched this
new fund to provide investors with a new avenue to access these
opportunities and further our goal of bringing investors unique
solutions to meet their investing goals,” adds Joe Thomson,
President of Pacer Financial.
The launch of this fund brings Pacer’s fund offerings to an
impressive 48 ETFs, with total AUM exceeding $45B. Pacer has
continuously evolved its lineup to deliver diversified, rules-based
strategies that better serve investors’ portfolio goals. The firm
entered the year with $35B, marking a 29% growth rate year to date
(as of 8/15/24).
To learn more about Pacer’s strategies and fund offerings, visit
paceretfs.com.
*Source: Bloomberg. Number one in net flows across free cash
flow based ETFs in the U.S. from 12/31/22-12/31/23.
Disclosures
Before investing you should carefully consider the Fund’s
investment objectives, risks, charges, and expenses. This and other
information is in the prospectus. A copy may be obtained by
visiting www.paceretfs.com or calling 1-877-577-2000.
Please read the prospectus carefully before
investing.
An investment in the Funds is subject to investment risk,
including the possible loss of principal. Pacer ETF shares may be
bought and sold on an exchange through a brokerage account.
Brokerage commissions and ETF expenses will reduce investment
returns. There can be no assurance that an active trading market
for ETF shares will be developed or maintained. The risks
associated with this fund are detailed in the prospectus and could
include factors such as calculation methodology risk, currency
exchange rate risk, equity market risk, growth investing risk, ETF
risks, foreign securities risk, international operations risk,
large-capitalization investing risk, new fund risk,
non-diversification risk, passive investment risk, sector risk,
tracking error risk, and/or special risks of exchange traded
funds.
Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and NDX® are registered
trademarks of Nasdaq, Inc. (which with its affiliates is referred
to as the “Corporations”) and are licensed for use by [IDG]. The
Product(s) have not been passed on by the Corporations as to their
legality or suitability. The Product(s) are not issued, endorsed,
sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO
WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE
PRODUCT(S).
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Pacer Cash Cows ETFsTM and Cash Cows Index® are registered
trademarks of Index Design Group, LLC.
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an
affiliate of Pacer Advisors, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240820899773/en/
Media Klaudia Wierzbowska Gregory FCA for Pacer ETFs
570-856-1360 klaudia@gregoryfca.com Company Ashlee Thomson
for Pacer ETFs 610-981-6214 ashlee.thomson@pacerfinancial.com
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